secwatch.observer — SEC 8-K summary
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Issuer:     Clean Energy Technologies, Inc. (CETY)
CIK:        0001329606
Form:       8-K
Filed at:   2024-01-08T23:59:59+00:00
Accession:  0001493152-24-001731
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clean Energy Technologies issues $143,750 convertible note to FirstFire Global; net proceeds $125,000
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- Principal amount $143,750 includes $18,750 original issue discount; net cash to company $125,000.
- Note bears 10% interest, matures Jan 3, 2025, convertible at $1.60 per share.
- Company also issued 10,000 commitment shares of common stock as additional consideration.
- FirstFire withheld $5,000 for legal fees and $7,187.50 for Revere Securities placement agent fees.
- Transaction exempt from registration under Section 4(a)(2) and Rule 506(b).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1329606/000149315224001731/0001493152-24-001731-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1329606/000149315224001731/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-001731

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