Clean Energy Technologies enters USD 166,500 convertible note deal with Coventry Enterprises

Clean Energy Technologies, Inc.

Clean Energy Technologies, Inc.

CETY

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  • Clean Energy Technologies entered a securities purchase agreement with Coventry Enterprises on July 1, 2026 for a $166,500 convertible promissory note.
  • Coventry funded $150,000 at closing; net proceeds to the company were $141,000 after $3,000 legal fees and $6,000 broker-dealer payment.
  • Note matures May 1, 2027; includes a one-time 12% interest charge; repaid in 10 monthly payments of $18,648 starting Aug. 7, 2026.
  • Following a default, holder can convert at 85% of the lowest closing bid price in the prior 10 trading days, subject to ownership limits.
  • Proceeds earmarked for general working capital.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Clean Energy Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-032551), on July 08, 2026, and is solely responsible for the information contained therein.

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