AI brief of an SEC Form 8-K · Clean Energy Technologies, Inc. (CETY)

Clean Energy Technologies sells $500,000 convertible note to Falcon Venture Limited

Mixed Impact 3 of 5 financing Written later

Clean Energy Technologies, Inc. (CETY) issued a $500,000 convertible promissory note to Falcon Venture Limited on October 18, 2026, for a purchase price of $500,000 that the company had already received. The note matures October 18, 2027, carries 8% annual interest, and can convert into common stock at 85% of the lowest traded price over the prior ten trading days, which could dilute existing shareholders.

Key points

  • Note principal and purchase price: $500,000, issued October 18, 2026 to Falcon Venture Limited
  • Maturity October 18, 2027; interest 8% per annum; convertible six months after issuance
  • Conversion price equals 85% of the lowest traded price in the ten trading days before conversion
  • Conversion capped at 9.99% beneficial ownership and at 2,432,004 shares absent Nasdaq Rule 5635(d) shareholder approval

The filing

CompanyClean Energy Technologies, Inc. (CETY)
Form8-K, current report
Filed with the SECOct 20, 2026, 6:09 PM ET
Accession number0001493152-26-047803

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation3.02 Unregistered Equity Sale

Read the filing on SEC.gov ↗

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 October 20, 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.