Monitor CETY for potential selling pressure as the holder may convert the note at a discount to market price after February 2027. The company's $11M market cap and need for shareholder approval by November 7, 2026, add overhang risk. Watch for any Nasdaq non-compliance or failure to obtain approval, which would trigger default.
Price Chart
Executive Summary
Clean Energy Technologies issued a $178,410 convertible promissory note to Pacific Pier Capital II, receiving net proceeds of $143,000.80 after fees and OID. The note carries a 12% interest rate, matures in 12 months, and is convertible into common stock at a 15% discount to the lowest VWAP over the prior 10 days, with a 4.99% beneficial ownership cap. The transaction creates a new debt obligation and potential future dilution, with the company required to seek Nasdaq shareholder approval by November 7, 2026, for issuances above 2 million shares.
Key Financial Metrics
Key Facts
- Company issued a $178,410 convertible promissory note to Pacific Pier Capital II, receiving net proceeds of $143,000.80.
- Note carries 12% annual interest, matures 12 months from August 7, 2026.
- Conversion price is 85% of the lowest daily VWAP during the 10 trading days prior to conversion, exercisable after 6 months.
- Holder is limited to 4.99% beneficial ownership cap; note is subject to a 2,000,000-share Exchange Cap until shareholder approval.
- Company must obtain Nasdaq shareholder approval by November 7, 2026, to issue shares above the Exchange Cap.
- Proceeds are restricted to business development and service provider payments, not for insider debt repayment or loans.
- Event of default triggers acceleration at 150% of outstanding principal plus interest.
Financial Impact
Net proceeds of $143,000.80 from a $178,410 principal note; potential dilution from conversion at a 15% discount to market price, capped at 2M shares until shareholder approval.
Risk Factors
- Dilution from note conversion at a 15% discount to market price.
- Failure to obtain Nasdaq shareholder approval by November 7, 2026, constitutes an event of default.
- Company's small market cap ($11M) amplifies impact of any conversion or default.
- Restrictive covenants limit operational flexibility (e.g., asset sales, affiliate transactions).
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001493152-26-038168 |
| Exhibit: ex10-2.htm | 0001493152-26-038168 |
| Document: form8-k.htm | 0001493152-26-038168 |
| Document: 0001493152-26-038168-index-headers.html | 0001493152-26-038168 |
| Document: 0001493152-26-038168-index.html | 0001493152-26-038168 |
| Document: 0001493152-26-038168.txt | 0001493152-26-038168 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 20, 2026 6d ago | 8-K | $0.9650 $0.8900 | ▲ +7.77% | ▲ +6.59% | $0.8250 (+14.51%) |
Aug 14, 2026 10w ago | 8-K | $0.9325 $0.9200 | ▲ +1.34% | ▲ +0.87% | $0.8250 (+11.53%) |
Jul 31, 2026 12w ago | 8-K | $0.9500 $0.9100 | ▲ +4.21% | ▲ +6.01% | $0.8250 (+13.16%) |
Jul 8, 2026 15w ago | 8-K | $0.8400 $0.8520 | ▼ −1.43% | ▼ −1.00% | $0.8250 (+1.79%) |
Jun 30, 2026 16w ago | 8-K | $0.8700 $0.8647 | ▼ −0.61% | ▼ −0.48% | $0.8250 (−5.17%) |
Jun 8, 2026 20w ago | 8-K | $0.7700 $0.8100 | ▼ −5.19% | ▼ −5.49% | $0.8250 (−7.14%) |
Jun 5, 2026 20w ago | 10-Q/A | $0.7599 $0.7700 | ▼ −1.33% | ▼ −1.10% | $0.8250 (−8.57%) |
Jun 5, 2026 20w ago | 10-Q/A | $0.7599 $0.7700 | ▼ −1.33% | ▼ −1.10% | $0.8250 (−8.57%) |
Jun 5, 2026 20w ago | 10-Q/A | $0.7599 $0.7700 | ▼ −1.33% | ▼ −1.10% | $0.8250 (−8.57%) |
Jun 5, 2026 20w ago | 10-K/A | $0.7599 $0.7700 | ▼ −1.33% | ▼ −1.10% | $0.8250 (−8.57%) |
US Market Status
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