secwatch.observer — SEC 8-K summary
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Issuer:     Clean Energy Technologies, Inc. (CETY)
CIK:        0001329606
Form:       8-K
Filed at:   2024-12-04T23:59:59+00:00
Accession:  0001493152-24-048691
Event type: debt
Sentiment:  neutral
Materiality: 0.25
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CETY raises $100k via $105k convertible note with 40k inducement shares to Lucas Ventures
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- Principal $105,000, purchase price $100,000; net discount of $5,000.
- Note due Feb 28, 2025; one-time 12% interest charge on principal at maturity.
- Conversion price $1.00/share, subject to anti-dilution; 4.99% beneficial ownership cap.
- Inducement of 40,000 common shares issued at closing.
- Securities sold under exemption from registration per Section 4(a)(2) and Rule 506(b).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1329606/000149315224048691/0001493152-24-048691-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1329606/000149315224048691/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-048691

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