secwatch.observer — SEC 8-K summary
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Issuer:     Clean Energy Technologies, Inc. (CETY)
CIK:        0001329606
Form:       8-K
Filed at:   2024-12-16T23:59:59+00:00
Accession:  0001493152-24-050262
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CETY issues $93,725 convertible note to 1800 Diagonal Lending; amends Mast Hill note for $60k
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- Issued convertible note principal $93,725 to 1800 Diagonal Lending at $81,500 purchase price ($12,225 OID).
- Note carries 15% one-time interest charge of $14,058; six repayments due by Sept 15, 2025.
- Conversion at $1.00/share only after event of default; 4.99% beneficial ownership cap.
- Amended Mast Hill promissory note: additional $50,000 funding increases principal by $60,000.
- Both transactions conducted as unregistered sales under Section 4(a)(2) and Rule 506(b).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1329606/000149315224050262/0001493152-24-050262-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1329606/000149315224050262/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-050262

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