secwatch.observer — SEC 8-K summary
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Issuer:     Clean Energy Technologies, Inc. (CETY)
CIK:        0001329606
Form:       8-K
Filed at:   2024-02-07T23:59:59+00:00
Accession:  0001493152-24-005278
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clean Energy Technologies issues $92K convertible promissory note to Coventry Enterprises
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- $92K principal note sold for $80K ($12K OID) plus one-time $9.2K interest; ten monthly payments of $10,120.
- Conversion triggered only after event of default; conversion price lower of $1.60/sh or any stock issuance within 30 days.
- Beneficial ownership cap of 4.99% applies to buyer and affiliates.
- Securities issued in unregistered offering exempt under Section 4(a)(2) and Rule 506(b).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1329606/000149315224005278/0001493152-24-005278-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1329606/000149315224005278/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-005278

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer