Clean Energy Technologies sells $166,500 convertible note to Walnut Capital for $150,000
Clean Energy Technologies received $150,000 in net funding from Walnut Capital through a convertible promissory note with a $166,500 principal amount, closed September 9, 2026. The note matures September 8, 2027, carries a one-time 12% interest charge, and can convert into common stock after default at 85% of the lowest closing bid price over the prior ten trading days, which could add dilution for shareholders.
Key points
- Principal amount of $166,500 for a purchase price of $150,000, closed September 9, 2026
- Note matures September 8, 2027, with a one-time 12% interest charge and 10 monthly payments of $18,648 starting December 8, 2026
- Conversion after default at 85% of the lowest closing bid price in the prior ten trading days; holder fees of $1,500 deducted per conversion
- Proceeds required to be used for general working capital; note sold without registration under Section 4(a)(2)
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 14, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.