debt
confidence high
sentiment neutral
materiality 0.40
CETY issues $166.5k convertible note to Walnut Capital for $150k proceeds
Clean Energy Technologies, Inc.
- Convertible promissory note principal $166,500 includes $16,500 OID; purchase price $150,000.
- One-time 12% interest on issuance; maturity Sept 8, 2027; 10 monthly payments of $18,648 starting Dec 8, 2026.
- Conversion upon default at 85% of lowest closing bid over prior 10 trading days; capped at 4.99% beneficial ownership and 19.99% shareholder approval.
- Proceeds for general working capital; note sold under Section 4(a)(2) exemption without registration.