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Clean Energy Technologies, Inc. (NASDAQ:CETY) reported several unregistered sales of equity securities following the conversion of debt and the exercise of warrants, according to a press release statement based on a recent SEC filing. The micro-cap company, currently valued at just $7.15 million with shares trading at $1.21, has been quickly burning through cash with a negative EBITDA of $2.72 million in the last twelve months, according to InvestingPro data.
On or about November 21, 2025, the company issued 152,000 shares of common stock to Mast Hill Fund, L.P. after the conversion of $150,950.59 in principal, interest, and fees from a convertible promissory note dated February 27, 2025.
On or about November 25, 2025, Clean Energy Technologies issued 75,132 shares to Pacific Pier Capital II, LLC, corresponding to the conversion of $72,164.29 in principal, interest, and fees under a note dated April 4, 2025. On the same day, the company also issued 252,884 shares and 90,773 shares to Mast Hill Fund, resulting from the conversion of $242,890.02 and $87,185.92, respectively, under the February 27, 2025 note.
On or about November 26, 2025, the company issued 1,264,420 shares to Mast Hill Fund following the exercise of warrants dated January 16, 2025.
On or about December 1, 2025, Clean Energy Technologies issued 195,867 shares to Mast Hill Fund through the exercise of warrants dated January 16, 2025, and 106,097 shares to Pacific Pier Capital II, LLC after the conversion of $101,904.82 from a note dated April 4, 2025. On the same day, the company also issued 141,009 shares to Mast Hill Fund following the exercise of warrants dated February 28, 2025.
The company stated that these shares were issued under the exemption from registration provided by Section 3(a)(9) of the Securities Act of 1933, as amended, either through debt conversion or cashless warrant exercise, with no additional consideration or remuneration involved.
This information is based on a press release statement and details provided in the company’s SEC filing.
In other recent news, Clean Energy Technologies, Inc. announced it has secured a $10 million Battery Energy Storage System (BESS) project in New York State. This project represents the company’s largest storage initiative to date, featuring a 5MW/20MWh standalone energy storage system designed to enhance grid reliability. The site has the potential to expand its capacity significantly, depending on grid interconnection availability. Additionally, Clean Energy Technologies has signed a Letter of Intent with Lease Advisory Group to act as the Engineering, Procurement, and Construction contractor for multiple BESS projects across New York. These projects will integrate energy storage with rooftop solar and electric vehicle charging infrastructure. In a separate development, the company has regained compliance with Nasdaq’s minimum bid price requirement, maintaining a closing bid price of $1.00 or higher for ten consecutive trading days. Furthermore, Clean Energy Technologies is exploring energy-efficient solutions for AI data centers and cryptocurrency mining operations, including AI-driven energy management systems and cooling technology. These recent developments highlight the company’s strategic initiatives in expanding its energy solutions and maintaining its market presence.
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