secwatch.observer — SEC 8-K summary
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Issuer:     Clean Energy Technologies, Inc. (CETY)
CIK:        0001329606
Form:       8-K
Filed at:   2024-10-03T23:59:59+00:00
Accession:  0001493152-24-039398
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clean Energy Technologies issues $150,650 convertible note to 1800 Diagonal Lending
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- Note principal $150,650 purchased at $131,000 with $19,650 OID; 13% interest ($19,584).
- Nine monthly payments of $18,914.89 starting Oct 30, 2024.
- Conversion at $1.00 per share after an event of default, with 4.99% beneficial ownership cap.
- Default interest at 22% per annum on unpaid amounts.
- Funds raised for general corporate purposes; securities sold under Rule 506(b) exemption.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1329606/000149315224039398/0001493152-24-039398-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1329606/000149315224039398/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-039398

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