Clean Energy Technologies Announces Material Agreement
Ticker: CETY · Form: 8-K · Filed: Dec 16, 2024 · CIK: 1329606
Sentiment: neutral
Topics: material-agreement, equity-securities, financials
Related Tickers: CETI
TL;DR
CETI signed a material definitive agreement, filed financial exhibits, and reported on equity sales.
AI Summary
Clean Energy Technologies, Inc. (CETI) announced on December 11, 2024, that it entered into a Material Definitive Agreement. The company also reported on unregistered sales of equity securities and filed financial statements and exhibits. The filing was made on December 16, 2024.
Why It Matters
This 8-K filing indicates a significant development for Clean Energy Technologies, Inc., potentially impacting its financial standing and future operations through a new definitive agreement.
Risk Assessment
Risk Level: medium — The filing mentions a 'Material Definitive Agreement' and 'Unregistered Sales of Equity Securities,' which can introduce both opportunities and risks related to the company's financial health and share structure.
Key Players & Entities
- Clean Energy Technologies, Inc. (company) — Filer
- CETI (company) — Ticker Symbol
- December 11, 2024 (date) — Earliest event reported
- December 16, 2024 (date) — Filing date
- Nevada (jurisdiction) — State of Incorporation
- 1340 Reynolds Avenue, Unit 120 Irvine, CA 92614 (address) — Principal executive offices
FAQ
What is the nature of the Material Definitive Agreement entered into by Clean Energy Technologies, Inc.?
The filing states that Clean Energy Technologies, Inc. entered into a Material Definitive Agreement on December 11, 2024, but the specific details of this agreement are not provided in the summary information.
When was this 8-K filing submitted to the SEC?
This 8-K filing was submitted to the SEC on December 16, 2024.
What other items are reported in this 8-K filing besides the material agreement?
In addition to the material definitive agreement, the filing also covers unregistered sales of equity securities and financial statements and exhibits.
What is the principal business address of Clean Energy Technologies, Inc.?
The principal executive offices of Clean Energy Technologies, Inc. are located at 1340 Reynolds Avenue, Unit 120, Irvine, CA 92614.
What was the company's former name?
The company's former name was Probe Manufacturing Inc, with a date of name change on June 8, 2005.
Filing Stats: 934 words · 4 min read · ~3 pages · Grade level 10.4 · Accepted 2024-12-16 17:00:40
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 CETY Nasdaq Item 1.01 Entry into
- $93,725 — the Company in the principal amount of $93,725 (the " Note ") for a purchase price of
- $81,500 — (the " Note ") for a purchase price of $81,500 plus an original issue discount in the
- $12,225 — riginal issue discount in the amount of $12,225. A one-time interest charge of fifteen
- $14,058 — (15%) of the principal amount, equal to $14,058, is applied to the principal amount on
- $1.00 — on Stock "), at the conversion price of $1.00 per share, subject to anti-dilution adj
- $612,000.00 — 24, in the original principal amount of $612,000.00 (the " Mast Note "). Pursuant to the Am
- $50,000 — pay the purchase price of an additional $50,000 on or before December 12, 2024, and the
- $60,000 — of the Mast Note shall be increased by $60,000 on the date that the Company received t
Filing Documents
- form8-k.htm (8-K) — 44KB
- ex10-1.htm (EX-10.1) — 9KB
- ex10-2.htm (EX-10.2) — 10KB
- ex10-3.htm (EX-10.3) — 2KB
- ex10-1_001.jpg (GRAPHIC) — 510KB
- ex10-1_002.jpg (GRAPHIC) — 566KB
- ex10-1_003.jpg (GRAPHIC) — 660KB
- ex10-1_004.jpg (GRAPHIC) — 725KB
- ex10-1_005.jpg (GRAPHIC) — 648KB
- ex10-1_006.jpg (GRAPHIC) — 541KB
- ex10-1_007.jpg (GRAPHIC) — 688KB
- ex10-1_008.jpg (GRAPHIC) — 549KB
- ex10-1_009.jpg (GRAPHIC) — 614KB
- ex10-1_010.jpg (GRAPHIC) — 662KB
- ex10-1_011.jpg (GRAPHIC) — 169KB
- ex10-1_012.jpg (GRAPHIC) — 109KB
- ex10-2_001.jpg (GRAPHIC) — 627KB
- ex10-2_002.jpg (GRAPHIC) — 464KB
- ex10-2_003.jpg (GRAPHIC) — 689KB
- ex10-2_004.jpg (GRAPHIC) — 793KB
- ex10-2_005.jpg (GRAPHIC) — 890KB
- ex10-2_006.jpg (GRAPHIC) — 747KB
- ex10-2_007.jpg (GRAPHIC) — 829KB
- ex10-2_008.jpg (GRAPHIC) — 778KB
- ex10-2_009.jpg (GRAPHIC) — 746KB
- ex10-2_0010.jpg (GRAPHIC) — 556KB
- ex10-2_0011.jpg (GRAPHIC) — 677KB
- ex10-2_0012.jpg (GRAPHIC) — 42KB
- ex10-2_0013.jpg (GRAPHIC) — 315KB
- ex10-3_001.jpg (GRAPHIC) — 435KB
- ex10-3_002.jpg (GRAPHIC) — 76KB
- ex10-3_003.jpg (GRAPHIC) — 80KB
- 0001493152-24-050262.txt ( ) — 21158KB
- cety-20241211.xsd (EX-101.SCH) — 3KB
- cety-20241211_lab.xml (EX-101.LAB) — 33KB
- cety-20241211_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: December 16, 2024