Clean Energy Technologies Faces Delisting Concerns
Ticker: CETY · Form: 8-K · Filed: Nov 8, 2024 · CIK: 1329606
Sentiment: bearish
Topics: delisting, listing-standards, regulatory-filing
TL;DR
NASDAQ ALERT: Clean Energy Tech might get delisted, filing shows.
AI Summary
Clean Energy Technologies, Inc. filed an 8-K on November 8, 2024, reporting a notice of delisting or failure to satisfy a continued listing rule or standard. The earliest event reported was on November 5, 2024. The company is incorporated in Nevada and its principal executive offices are located in Irvine, California.
Why It Matters
This filing indicates potential issues with Clean Energy Technologies, Inc.'s ability to remain listed on an exchange, which could significantly impact its stock liquidity and investor confidence.
Risk Assessment
Risk Level: high — A notice of delisting or failure to meet listing standards poses a significant risk to the company's continued trading on an exchange.
Key Players & Entities
- Clean Energy Technologies, Inc. (company) — Filer of the 8-K report
- November 8, 2024 (date) — Date the 8-K was filed
- November 5, 2024 (date) — Earliest event date reported in the filing
- Nevada (jurisdiction) — State of incorporation
- Irvine, CA (location) — Location of principal executive offices
FAQ
What specific listing rule or standard has Clean Energy Technologies, Inc. failed to satisfy?
The filing does not specify the exact rule or standard that has not been met, only that a notice of delisting or failure to satisfy a continued listing rule or standard has been issued.
What is the significance of the date November 5, 2024, in this filing?
November 5, 2024, is the date of the earliest event reported in this 8-K filing, which pertains to the notice of delisting or failure to satisfy a continued listing rule.
What is the company's ticker symbol?
The ticker symbol is not explicitly mentioned in the provided text of the 8-K filing.
Has the company been formally delisted yet?
The filing is a 'Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard,' indicating a potential delisting process has begun, but it does not confirm a completed delisting as of November 8, 2024.
What actions, if any, does the company plan to take to address the listing issue?
The provided text of the 8-K filing does not detail any specific actions the company plans to take to address the listing issue.
Filing Stats: 688 words · 3 min read · ~2 pages · Grade level 13.5 · Accepted 2024-11-08 17:00:12
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 CETY Nasdaq Item 3.01 Notice of D
- $1.00 — common stock has been below the minimum $1.00 per share required for continued listin
Filing Documents
- form8-k.htm (8-K) — 35KB
- 0001493152-24-044328.txt ( ) — 206KB
- cety-20241105.xsd (EX-101.SCH) — 3KB
- cety-20241105_lab.xml (EX-101.LAB) — 33KB
- cety-20241105_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: November 8, 2024