Clean Energy Technologies announces 1-for-15 reverse stock split to regain Nasdaq compliance
Clean Energy Technologies, Inc.
- Reverse split effective at open of business on October 6, 2025; ticker symbol CETY unchanged.
- Outstanding shares expected to drop from ~69.7 million to ~4.65 million; authorized shares cut from 2 billion to ~133.33 million.
- No fractional shares issued; rounding up to whole shares; no cash or scrip paid.
- Split approved by board without shareholder vote to meet Nasdaq $1.00 minimum bid price requirement.
- Par value of common stock remains $0.001; preferred stock unaffected.