Clean Energy Technologies, Inc. (CETY): Entry into a Material Definitive Agreement
Clean Energy Technologies, Inc. (CETY) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. EX-10.2 3 ex10-2.htm EX-10.2 Exhibit 10.2 THE ISSUANCE AND SALE OF THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR APPLICABLE STATE SECURITIES LAWS. THE SECURITIES MAY NOT BE OFFERED FOR SALE, SOLD, TRANSFER
How this was made
The 30-second read
Why it matters
Traders should focus on liquidity and dilution/credit risk from the note’s payment schedule, default interest (22%), and event-of-default provisions tied to conversion and share issuance.
Market read
This is a fresh, company-specific financing disclosure with concrete cash payment terms and default/conversion mechanics that can move risk perception.
What to watch
Key economic impact depends on whether the note is convertible in practice, how often defaults are likely, and whether proceeds fund revenue-generating projects versus near-term obligations.
Background
The SEC 8-K reports CETY’s entry into a material definitive agreement, including issuance of a promissory note and related unregistered equity sale mechanics.
Ticker impact
CETY disclosed an 8-K entry into a material definitive agreement, including a $147,840 promissory note with monthly payments and default terms.
Near-term sentiment likely neutral to negative, with volatility tied to execution risk and potential dilution if conversion is triggered.
The note specifies interest, monthly payment schedule, event-of-default triggers, and conversion-related obligations, which can affect perceived credit risk and equity dilution risk.
Market effects
Adds to the broader risk picture for small-cap clean-energy financings that rely on structured notes and potential equity conversion.
No clear regional spillover beyond US microcap credit/dilution risk.
Limited global relevance; primarily company-specific financing terms.
Counterpoint
The note includes a right to prepay and an acceleration/prepayment framework, which could reduce long-term overhang if CETY can refinance quickly.
Key entities
- issuerClean Energy Technologies, Inc.
Nevada corporation filing the 8-K and issuing the promissory note under a securities purchase agreement.
- lender1800 Diagonal Lending LLC
Virginia LLC holder/payee under the $147,840 promissory note.
