Clean Energy Technologies enters USD 166,500 convertible note financing with Walnut Capital
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CETY• Convertible note financing with Walnut Capital
- Clean Energy Technologies entered a securities purchase agreement with Walnut Capital for a USD 166,500 convertible promissory note.
- Walnut funded USD 150,000 on Sept. 9, 2026; proceeds earmarked for general working capital.
- The note matures Sept. 8, 2027; carries a 12% one-time interest charge; and is repaid in 10 monthly installments of USD 18,648 starting Dec. 8, 2026.
- Following default, Walnut can convert at 85% of the lowest closing bid in the prior 10 trading days, subject to ownership limits.
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Clean Energy Technologies enters USD 166,500 convertible note financing with Walnut Capital - CETY News | Rallies