---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-025196"
form_type: "8-K"
ticker: "CETY"
cik: "0001329606"
company_name: "Clean Energy Technologies, Inc."
filed_at: "2023-07-21T23:59:59+00:00"
generated_at: "2026-06-13T04:51:07.839387+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Clean Energy Technologies issues $556K convertible note to Mast Hill Fund at 15% interest

## Summary
- Issued $556,000 convertible note to Mast Hill Fund, L.P. for net proceeds of ~$471,900 after $55,600 OID and $28,500 in fees.
- Note has 15% annual interest, matures July 18, 2024, convertible at $6.00 per share (subject to 4.99% ownership cap).
- Company can prepay note at 150% premium; default triggers immediate payment with 15% default interest.
- Note and shares issued in unregistered transaction under Section 4(a)(2) and Rule 506(b).

## SEC filing metadata
- accession: 0001493152-23-025196
- form_type: 8-K
- ticker: CETY
- cik: 0001329606
- company_name: Clean Energy Technologies, Inc.
- filed_at: 2023-07-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1329606/000149315223025196/0001493152-23-025196-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1329606/000149315223025196/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-025196
- JSON: https://secwatch.observer/filing/0001493152-23-025196.json
- Plain text: https://secwatch.observer/filing/0001493152-23-025196.txt

## Key facts
- Material Agreements
  Clean Energy Technologies, Inc. entered into Securities Purchase Agreement with Mast Hill, L.P. valued at $556,000 (effective 2023-07-18).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Mast Hill, L.P.
  - Value: $556,000
  - Effective: 2023-07-18
  source text: On July 20, 2023 Clean Energy Technology, Inc., a Nevada corporation (the “Company”) closed the transactions contemplated by the Securities Purchase Agreement with Mast Hill, L.P. (Mast Hill”) dated July 18, 2023 (the “Securities Purchase Agreement”) pursuant to which the Company issued to Mast Hill a $556,000 Convertible Promissory Note, due July 18, 2024 (the “Note”) for a purchase price of $ 500,400 plus an original issue discount in the amount of $55,600.00, and an interest rate of fifteen percent (15%) per annum.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1329606/000149315223025196/0001493152-23-025196-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.