Clean Energy Technologies Signs Material Definitive Agreement
Ticker: CETY · Form: 8-K · Filed: Oct 18, 2024 · CIK: 1329606
Sentiment: neutral
Topics: material-agreement, definitive-agreement
Related Tickers: CETY
TL;DR
CETI signed a big deal on Oct 15th, details TBD.
AI Summary
On October 15, 2024, Clean Energy Technologies, Inc. entered into a Material Definitive Agreement. The filing does not disclose the specific terms or parties involved in this agreement, only that it is a significant event requiring disclosure.
Why It Matters
This filing indicates a significant new contract or partnership for Clean Energy Technologies, Inc., which could impact its future operations and financial performance.
Risk Assessment
Risk Level: medium — The lack of specific details about the material definitive agreement introduces uncertainty regarding its impact on the company.
Key Players & Entities
- Clean Energy Technologies, Inc. (company) — Registrant
- October 15, 2024 (date) — Date of earliest event reported
- October 18, 2024 (date) — Date of Report
- CETY (company) — Trading Symbol
FAQ
What type of material definitive agreement did Clean Energy Technologies, Inc. enter into?
The filing does not specify the nature of the material definitive agreement.
Who are the parties involved in the material definitive agreement?
The filing does not disclose the names of the other parties to the agreement.
What is the effective date of the material definitive agreement?
The earliest event reported related to the agreement is October 15, 2024.
Does the filing provide any financial terms or obligations related to the agreement?
No, the filing does not provide any financial terms or obligations.
Why is this agreement considered 'material'?
The filing states it is a Material Definitive Agreement, implying it is significant to the company's business, but does not elaborate on the specific reasons for its materiality.
Filing Stats: 804 words · 3 min read · ~3 pages · Grade level 10.7 · Accepted 2024-10-18 17:00:35
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 CETY Nasdaq Item 1.01 Entry into
- $125,080 — the Company in the principal amount of $125,080 (the " Note ") for a purchase price of
- $106,000 — (the " Note ") for a purchase price of $106,000 plus an original issue discount in the
- $19,080 — riginal issue discount in the amount of $19,080. The Note provides for a one-time inter
- $18,762 — (15%) of the principal amount equal to $18,762. The Company shall make nine (9) paymen
- $15,982.45 — ine (9) payments, each in the amount of $15,982.45 to Diagonal. The first payment shall be
- $1.00 — on Stock "), at the conversion price of $1.00 per share, subject to anti-dilution adj
Filing Documents
- form8-k.htm (8-K) — 41KB
- ex10-1.htm (EX-10.1) — 11KB
- ex10-2.htm (EX-10.2) — 10KB
- ex10-1_001.jpg (GRAPHIC) — 438KB
- ex10-1_002.jpg (GRAPHIC) — 488KB
- ex10-1_003.jpg (GRAPHIC) — 565KB
- ex10-1_004.jpg (GRAPHIC) — 623KB
- ex10-1_005.jpg (GRAPHIC) — 554KB
- ex10-1_006.jpg (GRAPHIC) — 470KB
- ex10-1_007.jpg (GRAPHIC) — 590KB
- ex10-1_008.jpg (GRAPHIC) — 476KB
- ex10-1_009.jpg (GRAPHIC) — 532KB
- ex10-1_010.jpg (GRAPHIC) — 576KB
- ex10-1_011.jpg (GRAPHIC) — 137KB
- ex10-1_012.jpg (GRAPHIC) — 92KB
- ex10-2_001.jpg (GRAPHIC) — 515KB
- ex10-2_002.jpg (GRAPHIC) — 592KB
- ex10-2_003.jpg (GRAPHIC) — 556KB
- ex10-2_004.jpg (GRAPHIC) — 699KB
- ex10-2_005.jpg (GRAPHIC) — 771KB
- ex10-2_006.jpg (GRAPHIC) — 637KB
- ex10-2_007.jpg (GRAPHIC) — 712KB
- ex10-2_008.jpg (GRAPHIC) — 707KB
- ex10-2_009.jpg (GRAPHIC) — 670KB
- ex10-2_010.jpg (GRAPHIC) — 535KB
- ex10-2_011.jpg (GRAPHIC) — 253KB
- ex10-2_012.jpg (GRAPHIC) — 36KB
- ex10-2_013.jpg (GRAPHIC) — 270KB
- 0001493152-24-041593.txt ( ) — 17442KB
- cety-20241015.xsd (EX-101.SCH) — 3KB
- cety-20241015_lab.xml (EX-101.LAB) — 33KB
- cety-20241015_pre.xml (EX-101.PRE) — 24KB
- form8-k_htm.xml (XML) — 4KB
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: October 18, 2024