---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-025276"
form_type: "8-K"
ticker: "CETY"
cik: "0001329606"
company_name: "Clean Energy Technologies, Inc."
filed_at: "2024-06-26T23:59:59+00:00"
generated_at: "2026-06-01T01:22:22.025994+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Clean Energy Technologies subsidiary VRG enters $12M loan agreement with FPM Development and Evergreen Credit Facility

## Summary
- VRG borrowed $12M from FPM Development LLC and Evergreen Credit Facility I LLP, secured by two VRG contracts and a corporate guarantee from CETY.
- Loan term is two years, interest at 12-month SOFR plus 4.75% per annum.
- Lenders may convert up to 30% of loan principal into CETY common stock at a 15% discount to market price.
- AMEC Business Advisory may assume up to 50% of loan and has option to convert an extra 10% of loan amount into CETY shares.

## SEC filing metadata
- accession: 0001493152-24-025276
- form_type: 8-K
- ticker: CETY
- cik: 0001329606
- company_name: Clean Energy Technologies, Inc.
- filed_at: 2024-06-26T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1329606/000149315224025276/0001493152-24-025276-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1329606/000149315224025276/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-025276
- JSON: https://secwatch.observer/filing/0001493152-24-025276.json
- Plain text: https://secwatch.observer/filing/0001493152-24-025276.txt

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