Clean Energy Technologies Files 8-K on Agreements and Equity Sales
Ticker: CETY · Form: 8-K · Filed: Mar 7, 2024 · CIK: 1329606
Sentiment: neutral
Topics: material-agreement, equity-sale, filing
TL;DR
CETK filed an 8-K on March 7th detailing a material agreement from March 4th and equity sales.
AI Summary
On March 7, 2024, Clean Energy Technologies, Inc. filed an 8-K report detailing several key events. The company entered into a material definitive agreement on March 4, 2024. Additionally, the filing addresses unregistered sales of equity securities and includes financial statements and exhibits. The company was formerly known as Probe Manufacturing Inc. until June 8, 2005.
Why It Matters
This filing provides crucial updates on the company's contractual agreements and equity transactions, which can impact its financial structure and future operations.
Risk Assessment
Risk Level: medium — The filing involves material definitive agreements and unregistered sales of equity, which can carry inherent risks related to deal terms and dilution.
Key Players & Entities
- Clean Energy Technologies, Inc. (company) — Filer of the 8-K report
- Probe Manufacturing Inc. (company) — Former name of Clean Energy Technologies, Inc.
- March 7, 2024 (date) — Date of the 8-K filing
- March 4, 2024 (date) — Date of the earliest event reported (material definitive agreement)
FAQ
What was the nature of the material definitive agreement entered into on March 4, 2024?
The filing does not specify the nature of the material definitive agreement, only that one was entered into on March 4, 2024.
What type of equity securities were sold in the unregistered sales mentioned?
The filing mentions unregistered sales of equity securities but does not provide details on the specific type or amount of securities sold.
When did Clean Energy Technologies, Inc. change its name from Probe Manufacturing Inc.?
The company changed its name from Probe Manufacturing Inc. on June 8, 2005.
What is the principal executive office address for Clean Energy Technologies, Inc.?
The principal executive offices are located at 2990 Redhill Avenue, Costa Mesa, CA 92626.
What is the SIC code for Clean Energy Technologies, Inc.?
The Standard Industrial Classification (SIC) code for Clean Energy Technologies, Inc. is 4924, which corresponds to Natural Gas Distribution.
Filing Stats: 913 words · 4 min read · ~3 pages · Grade level 11.6 · Accepted 2024-03-07 17:00:33
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 CETY Nasdaq Item 1.01 Entry into
- $280,500 — the Company in the principal amount of $280,500 (the " Note ") for a purchase price of
- $255,000 — (the " Note ") for a purchase price of $255,000 (the " Purchase Price ") plus an origin
- $25,500 — riginal issue discount in the amount of $25,500. The Note provides for interest at the
- $28,050 — thly instalments, each in the amount of $28,050, with the first payment due April 4, 20
- $6,000 — hase Price (i) a non-accountable sum of $6,000 to cover the Buyer's legal fees in conn
- $5,562.50 — with this transaction and (ii) a sum of $5,562.50 to cover the Company's fees owed to Rev
- $1.60 — mon Stock"), at the conversion price of $1.60 per share, subject to a beneficial owne
- $143,750 — ote in the original principal amount of $143,750 issued by the Company to the Buyer on J
Filing Documents
- form8-k.htm (8-K) — 41KB
- ex10-1.htm (EX-10.1) — 25KB
- ex10-2.htm (EX-10.2) — 14KB
- ex10-1_001.jpg (GRAPHIC) — 426KB
- ex10-1_002.jpg (GRAPHIC) — 467KB
- ex10-1_003.jpg (GRAPHIC) — 489KB
- ex10-1_004.jpg (GRAPHIC) — 563KB
- ex10-1_005.jpg (GRAPHIC) — 556KB
- ex10-1_006.jpg (GRAPHIC) — 540KB
- ex10-1_007.jpg (GRAPHIC) — 445KB
- ex10-1_008.jpg (GRAPHIC) — 489KB
- ex10-1_009.jpg (GRAPHIC) — 503KB
- ex10-1_010.jpg (GRAPHIC) — 485KB
- ex10-1_011.jpg (GRAPHIC) — 541KB
- ex10-1_012.jpg (GRAPHIC) — 511KB
- ex10-1_013.jpg (GRAPHIC) — 546KB
- ex10-1_014.jpg (GRAPHIC) — 552KB
- ex10-1_015.jpg (GRAPHIC) — 512KB
- ex10-1_016.jpg (GRAPHIC) — 474KB
- ex10-1_017.jpg (GRAPHIC) — 574KB
- ex10-1_018.jpg (GRAPHIC) — 374KB
- ex10-1_019.jpg (GRAPHIC) — 564KB
- ex10-1_020.jpg (GRAPHIC) — 199KB
- ex10-1_021.jpg (GRAPHIC) — 71KB
- ex10-1_022.jpg (GRAPHIC) — 24KB
- ex10-1_023.jpg (GRAPHIC) — 478KB
- ex10-1_024.jpg (GRAPHIC) — 559KB
- ex10-1_025.jpg (GRAPHIC) — 142KB
- ex10-1_026.jpg (GRAPHIC) — 28KB
- ex10-1_027.jpg (GRAPHIC) — 579KB
- ex10-1_028.jpg (GRAPHIC) — 559KB
- ex10-1_029.jpg (GRAPHIC) — 617KB
- ex10-1_030.jpg (GRAPHIC) — 613KB
- ex10-1_031.jpg (GRAPHIC) — 608KB
- ex10-1_032.jpg (GRAPHIC) — 436KB
- ex10-2_001.jpg (GRAPHIC) — 500KB
- ex10-2_002.jpg (GRAPHIC) — 579KB
- ex10-2_003.jpg (GRAPHIC) — 539KB
- ex10-2_004.jpg (GRAPHIC) — 584KB
- ex10-2_005.jpg (GRAPHIC) — 549KB
- ex10-2_006.jpg (GRAPHIC) — 583KB
- ex10-2_007.jpg (GRAPHIC) — 563KB
- ex10-2_008.jpg (GRAPHIC) — 544KB
- ex10-2_009.jpg (GRAPHIC) — 497KB
- ex10-2_010.jpg (GRAPHIC) — 452KB
- ex10-2_011.jpg (GRAPHIC) — 447KB
- ex10-2_012.jpg (GRAPHIC) — 406KB
- ex10-2_013.jpg (GRAPHIC) — 616KB
- ex10-2_014.jpg (GRAPHIC) — 542KB
- ex10-2_015.jpg (GRAPHIC) — 560KB
- ex10-2_016.jpg (GRAPHIC) — 232KB
- ex10-2_017.jpg (GRAPHIC) — 43KB
- ex10-2_018.jpg (GRAPHIC) — 166KB
- 0001493152-24-009239.txt ( ) — 31835KB
- cety-20240307.xsd (EX-101.SCH) — 3KB
- cety-20240307_lab.xml (EX-101.LAB) — 33KB
- cety-20240307_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Clean Energy Technologies, Inc. /s/ Kambiz Mahdi By: Kambiz Mahdi Chief Executive Officer Date: March 7, 2024