debt
confidence high
sentiment neutral
materiality 0.35
Clean Energy Technologies issues $166,500 convertible note to Coventry Enterprises
Clean Energy Technologies, Inc.
- Principal $166,500 (incl. $16,500 OID); purchase price $150,000; net proceeds $141,000 after expenses.
- Note matures May 1, 2027; 12% one-time interest; 10 monthly payments of $18,648 starting Aug 7, 2026.
- Convertible upon default at 85% of lowest closing bid price in prior 10 trading days; 4.99% beneficial ownership cap.
- Proceeds used for general working capital; issuance exempt under Section 4(a)(2).