secwatch.observer — SEC 8-K summary
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Issuer:     Clean Energy Technologies, Inc. (CETY)
CIK:        0001329606
Form:       8-K
Filed at:   2025-06-05T23:59:59+00:00
Accession:  0001641172-25-013840
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clean Energy Tech issues $335K convertible note and 50K shares to Mast Hill Fund
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- Issued $335,000 principal junior secured convertible note plus 50,000 commitment shares for $301,500 aggregate purchase price (net $296,500 after legal fees).
- Note matures in 12 months, accrues 10% guaranteed interest, convertible at lesser of $2.50/share or 90% of lowest VWAP in prior 5 trading days; 4.99% beneficial ownership cap.
- Proceeds for Nations Interbanc payment, working capital, business development; note is junior secured, subordinated to Nations Interbanc.
- Company must hold shareholder meeting if stock trades below $0.50 for 60 days to approve issuance above 12,370,000 share Exchange Cap; conversion may cause significant dilution.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1329606/000164117225013840/0001641172-25-013840-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1329606/000164117225013840/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-013840

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