secwatch.observer — SEC 8-K summary
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Issuer:     Clean Energy Technologies, Inc. (CETY)
CIK:        0001329606
Form:       8-K
Filed at:   2024-10-18T23:59:59+00:00
Accession:  0001493152-24-041593
Event type: debt
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clean Energy Technologies issues $125K convertible note to 1800 Diagonal Lending
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- Principal of $125,080; purchase price $106,000 with $19,080 original issue discount.
- One-time 15% interest charge ($18,762); nine monthly payments of $15,982.45 starting Nov 15, 2024.
- Convertible after event of default at $1.00 per share, subject to anti-dilution and 4.99% beneficial ownership cap.
- Default triggers include non-payment, bankruptcy, or delisting of common stock.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1329606/000149315224041593/0001493152-24-041593-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1329606/000149315224041593/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-041593

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