Clean Energy Technologies designates 3.5M shares of 15% Series E Convertible Preferred Stock

Clean Energy Technologies, Inc.

Series E Preferred Stock has a stated value of $1.00/share and pays 15% annual dividends.
Each share is convertible into common at $1.00/share, subject to a 4.99% beneficial ownership limitation.
Holders receive voting rights and liquidation preferences as specified in the certificate of designation.
The designation was filed with the Nevada Secretary of State on October 31, 2023.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Clean Energy Technologies, Inc.: Filed certificate of designation designating 3,500,000 shares of preferred stock as Series E Convertible Preferred Stock with rights, preferences, and limitations (effective 2023-10-31).

Change: charter amendment
Effective: 2023-10-31

Exact text from the filing

On October 31, 2023, Clean Energy Technologies, Inc. (the “Company”) filed with the Nevada Secretary of State a certificate of designation designating 3,500,000 shares of the undesignated and authorized preferred stock of the Company, par value $0.001 per share, as the 15% Series E Convertible Preferred Stock (the “Series E Preferred Stock”) and setting forth the rights, preferences and limitations of such Series E Preferred Stock.

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12 governance changes filed in the last 30 days. Browse all governance changes →

Clean Energy Technologies, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-23-039252

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