secwatch.observer — SEC 8-K summary
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Issuer:     Clean Energy Technologies, Inc. (CETY)
CIK:        0001329606
Form:       8-K
Filed at:   2025-04-10T23:59:59+00:00
Accession:  0001641172-25-003475
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 issues $345K convertible note to Pacific Pier Capital
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- Sold $345,000 10% convertible note and 45,000 commitment shares for net proceeds of $300,500 after legal fees.
- Note matures in 12 months; convertible after 6 months at 90% of lowest VWAP over prior 5 trading days.
- Conversion capped at 4.99% beneficial ownership; aggregate share issuance limited to 1,250,000 until shareholder approval.
- Proceeds to be used for business development and service provider payments; not for officer/director debt repayment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1329606/000164117225003475/0001641172-25-003475-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1329606/000164117225003475/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-003475

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