# Clean Energy Technologies, Inc. (CETY) — capital_raise/public_offering [announced]
Source: SEC API (secapi.ai) · situation sit_5afaa0cd701268f7269a · retrieved 2026-08-11T15:52:20.385Z

## Overview
Clean Energy Technologies, Inc. is a natural gas distribution company incorporated in Nevada and trading on Nasdaq under the symbol CETY.

Clean Energy Technologies, Inc. entered into a securities purchase agreement with 1800 Diagonal Lending LLC on July 28, 2026, and closed on July 29, 2026, to issue a convertible promissory note with a principal amount of $147,840 (including $15,840 original issue discount) for a purchase price of $132,000. After deducting 1800 Diagonal's legal expenses of $2,500 and a due diligence fee of $4,500, the Company received net funding of $125,000. The note matures on April 30, 2027, accrues a one-time interest charge of 12% on the issuance date, and is payable in nine monthly installments of $18,397.78 beginning August 30, 2026. Following an event of default, the note is convertible into common stock at a conversion price equal to 85% of the lowest closing bid price during the 10 trading days prior to conversion, subject to beneficial ownership limitations of 4.99% and a 19.99% aggregate issuance cap under Nasdaq Rule 5635(d).

## Terms
- Counterparty: 1800 Diagonal Lending LLC · Deal value: $147,840 · Consideration: mixed

## Key dates
- Announced 2026-07-31

## Timeline
- 2026-07-31 · 8-K (0001493152-26-035671): 8-K - Clean Energy Technologies, Inc. — *Clean Energy Technologies, Inc. is a natural gas distribution company incorporated in Nevada and trading on Nasdaq under the symbol CETY.* Clean Energy Technologies, Inc. entered into a securities purchase agreement with 1800 Diagonal Lending LLC on July 28, 2026, and closed on July 29, 2026, to issue a convertible promissory note with a principal amount of $147,840 (including $15,840 original issue discount) for a purchase price of $132,000. After deducting 1800 Diagonal's legal expenses of $2,500 and a due diligence fee of $4,500, the Company received net funding of $125,000. The note matures on April 30, 2027, accrues a one-time interest charge of 12% on the issuance date, and is payable in nine monthly installments of $18,397.78 beginning August 30, 2026. Following an event of default, the note is convertible into common stock at a conversion price equal to 85% of the lowest closing bid price during the 10 trading days prior to conversion, subject to beneficial ownership limitations of 4.99% and a 19.99% aggregate issuance cap under Nasdaq Rule 5635(d).
  https://www.sec.gov/Archives/edgar/data/1329606/0001493152-26-035671.txt

## Citations
- 0001493152-26-035671 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000149315226035671