secwatch.observer — SEC 8-K summary
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Issuer:     Clean Energy Technologies, Inc. (CETY)
CIK:        0001329606
Form:       8-K
Filed at:   2026-04-28T23:59:59+00:00
Accession:  0001493152-26-019371
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clean Energy Technologies sells $406K convertible note to Pacific Pier Capital; net proceeds $350K
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- Principal amount $406,000; purchase price $357,280; net funding $350,280 after $7,000 legal fees.
- Note matures April 20, 2027, accrues 12% annual interest; convertible after 6 months at 85% of lowest VWAP.
- Conversion capped at 4.99% beneficial ownership; shareholder approval required for issuances beyond 2M shares.
- Proceeds for business development and service provider payments; not for officer/affiliate loans or debt repayments.
- Note sold via Section 4(a)(2) exemption as unregistered; 12,166,106 shares outstanding as of April 20, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1329606/000149315226019371/0001493152-26-019371-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1329606/000149315226019371/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-019371

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