Recent Updates — CETY
On July 29, 2026, Clean Energy Technologies, Inc. entered into a securities purchase agreement with 1800 Diagonal Lending LLC to sell a convertible promissory note with a principal amount of $147,840 for a purchase price of $132,000. After deducting $2,500 in legal expenses and a $4,500 due diligence fee, the Company received net funding of $125,000 to be used for general working capital purposes. The note matures on April 30, 2027, accrues a one-time interest charge of 12%, and requires nine monthly payments of $18,397.78 beginning August 30, 2026. It is convertible into common stock at the holder's election following default at a price equal to 85% of the lowest closing bid price over the prior ten trading days, subject to beneficial ownership and Nasdaq Rule 5635(d) limitations. Clean Energy Technologies, Inc. operates in the environmental technology sector, providing air pollution control systems.
Clean Energy Technologies, Inc. dismissed TAAD LLP as its independent registered public accounting firm on July 13, 2026, following reports that included an explanatory paragraph regarding substantial doubt about the company's ability to continue as a going concern. The company engaged Green Growth CPAs as its new independent registered public accounting firm on July 16, 2026. Clean Energy Technologies, Inc. operates in the clean energy technology sector and provides renewable energy solutions.
Clean Energy Technologies, Inc. entered into a securities purchase agreement with Coventry Enterprises LLC on July 1, 2026, for the sale of a $166,500 convertible promissory note. The company received net funding of $141,000 after deducting legal and broker-dealer fees. The note matures on May 1, 2027, and is convertible into common stock at a conversion price equal to 85% of the lowest closing bid price during the ten trading days prior to conversion. Clean Energy Technologies, Inc. develops and provides clean energy technology solutions.
Clean Energy Technologies, Inc. appointed Ruoxin (Skyler) Wang and Zhang Zhixiang as new members of the Board of Directors, effective June 21, 2026. Mr. Zhang is the current CEO of China Ruifeng New Energy Holdings Limited and has extensive experience in banking and asset management. Ms. Wang, an investment professional with institutional experience, will serve as a qualified independent director under Nasdaq rules. The company operates in the clean energy technology sector.
Clean Energy Technologies, Inc. entered into a short-term secured cash advance loan agreement with Agile Capital Funding, LLC on May 27, 2026, borrowing approximately $260,000. The total amount due under the Subordinated Secured Promissory Note is approximately $389,740, which is to be repaid over approximately 32 weeks.