---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-017351"
form_type: "8-K"
ticker: "CETX"
cik: "0001435064"
company_name: "CEMTREX INC"
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T02:38:23.298991+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Cemtrex signs standstill with Streeterville; must pay 50% of equity proceeds or $4M

## Summary
- Streeterville agrees to one-year redemption standstill on two notes ($5.755M Sep-2021 and $9.205M Feb-2022) conditional on at least $9M financing by May 10, 2024.
- Cemtrex must pay the greater of $4M or 50% of net proceeds from any equity sale during the standstill period, applied to the notes.
- If the financing closes by May 10, maturity dates extend to June 30, 2025 (Sep note) and Feb 22, 2026 (Feb note).
- If financing does not close by May 10, the agreement automatically terminates and is void ab initio.
- Standstill ends immediately on any breach; Streeterville may then enforce all remedies under the notes.

## SEC filing metadata
- accession: 0001493152-24-017351
- form_type: 8-K
- ticker: CETX
- cik: 0001435064
- company_name: CEMTREX INC
- filed_at: 2024-05-01T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1435064/000149315224017351/0001493152-24-017351-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1435064/000149315224017351/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-017351
- JSON: https://secwatch.observer/filing/0001493152-24-017351.json
- Plain text: https://secwatch.observer/filing/0001493152-24-017351.txt

## Key facts
- Material Agreements
  CEMTREX INC entered into Standstill Agreement with Streeterville Capital, LLC valued at the greater of $4 million or fifty percent (50%) of the net proceeds (effective 2024-04-30).
  - Action: entry
  - Counterparty: Streeterville Capital, LLC
  - Value: the greater of $4 million or fifty percent (50%) of the net proceeds
  - Effective: 2024-04-30
  source text: On April 30, 2024, Cemtrex, Inc., a Delaware corporation (the “Company”) entered into a Standstill Agreement (the “Agreement”) with Streeterville Capital, LLC (“Streeterville”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1435064/000149315224017351/0001493152-24-017351-index.htm

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