other_material
confidence high
sentiment neutral
materiality 0.45
Clean Energy Technologies issues $109.5K convertible note to Lucas Ventures at 8%, maturity Aug 2025
Clean Energy Technologies, Inc.
- Convertible promissory note in principal amount of $109,500 issued for $104,000 cash; 8% interest; matures August 15, 2025.
- Note convertible into common stock at $0.50 per share beginning 90 days after funding; beneficial ownership cap of 4.99%.
- Additional 40,000 shares of common stock issued as inducement; share price decline triggers additional issuance to maintain value.
- Securities sold under Section 4(a)(2) exemption; not registered with SEC.
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