Clean Energy Technologies, Inc. (CETY) - 8-K Summary
Business Context and Reporting Period
This Form 8-K, dated September 26, 2025, reports a material modification to the rights of security holders for Clean Energy Technologies, Inc. The filing details the implementation of a 1-for-15 reverse stock split approved by the Board of Directors and filed with the State of Nevada.
Key Financial Metrics
The filing does not provide revenue, profit, cash flow, margin, debt, or liquidity figures. The document focuses exclusively on capitalization changes resulting from the reverse stock split.
- Pre-Split Outstanding Shares: 69,726,161 (as of September 22, 2025)
- Post-Split Outstanding Shares: Approximately 4,648,521
- Pre-Split Authorized Shares: 2,000,000,000
- Post-Split Authorized Shares: 133,333,333
- Preferred Stock: 20,000,000 authorized shares (unchanged)
Material Changes
The primary material change is the reduction of the Company's authorized and outstanding common stock by a ratio of 1-for-15. This action was taken to restore compliance with Nasdaq's $1.00 minimum bid price requirement. The par value of the common stock remains unchanged. Options, warrants, and convertible securities will be adjusted by dividing the share count by 15 and multiplying the exercise/conversion price by 15.
Outlook, Risks, and Unusual Items
Effective Date: The reverse stock split is expected to become effective at the open of business on October 6, 2025.
Trading Details: Shares will continue to trade under the symbol "CETY" on the Nasdaq Stock Market but will utilize a new CUSIP Number: 18452H305.
Fractional Shares: No fractional shares will be issued. Shareholders entitled to a fractional share will receive one whole share (rounded up) instead of cash consideration.
Shareholder Approval: No shareholder vote was required under Nevada law as the split proportionally reduced authorized and outstanding shares without adversely affecting other classes of stock or paying cash for fractional shares.
Investor Verification Checklist
- Verify the new CUSIP Number (18452H305) with your brokerage firm prior to the October 6, 2025 effective date.
- Confirm that your brokerage account reflects the 1-for-15 adjustment automatically if shares are held in electronic form.
- Review the adjustment terms for any outstanding options, warrants, or convertible securities held.
- Monitor the stock price post-split to ensure compliance with Nasdaq listing standards is maintained.