secwatch.observer — SEC 8-K summary
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Issuer:     Clean Energy Technologies, Inc. (CETY)
CIK:        0001329606
Form:       8-K
Filed at:   2025-07-23T23:59:59+00:00
Accession:  0001641172-25-020671
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clean Energy Technologies issues $201K convertible note and 125K shares to Firstfire for $175K
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- Company sold $201,250 convertible note and 125,000 shares to Firstfire for aggregate $175,000; net funding $169,500.
- Note matures in 12 months, 10% interest, monthly payments of $22,137.50 starting Sept 18, 2025.
- Conversion price set at 85% of lowest traded price during prior 10 trading days; 4.99% beneficial ownership cap.
- Company must obtain shareholder approval by July 23, 2025 for issuance above Nasdaq Exchange Cap.
- Proceeds used for business development and working capital; restrictions on certain repayments and loans.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1329606/000164117225020671/0001641172-25-020671-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1329606/000164117225020671/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-020671

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