Clean Energy Technologies issues $500K 8% convertible note to Falcon Venture at 85% of lowest traded price

Clean Energy Technologies, Inc.

Sold a $500,000 principal convertible note to Falcon Venture Limited for $500,000 cash; it matures Oct. 18, 2027, and pays 8% annual interest.
The note becomes convertible six months after issuance at 85% of the lowest traded price over the prior ten trading days, a variable-price discount.
Conversion is blocked if the holder would exceed 9.99% beneficial ownership or, absent Nasdaq Rule 5635(d) approval, if it would issue more than 2,432,004 shares.
Proceeds must fund business development and Company obligations; the holder deducts $1,750 per conversion for fees, and disputes arbitrate in Orange County, Calif.
The company had 12,166,106 common shares outstanding as of Sept. 30, 2026, against 2 billion authorized; preferred shares outstanding were zero.

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