Cyber Enviro-Tech Finalizes Deeply Discounted Reg A Offering, Raising $137K
Summary
Cyber Enviro-Tech, Inc. filed an exit report for its Regulation A offering, disclosing the sale of 29 million shares at an average price of $0.00472 per share, raising $137,191.60 for the company.
Key Events
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Offering Concluded
The company filed an exit report for its Regulation A offering, which commenced on January 9, 2026.
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Capital Raised
The offering generated $137,191.60 in gross proceeds for the company.
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Shares Issued
A total of 29,047,900 shares were sold in the offering.
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Deep Discount Pricing
The average price per share sold was approximately $0.00472, significantly below the current market price of $0.06.
Analysis
This filing marks the conclusion of Cyber Enviro-Tech's Regulation A offering. While the company successfully raised capital, the average price per share sold was significantly below the current market price, indicating a highly dilutive transaction. The company only sold a small fraction of the shares it was qualified to offer, suggesting limited investor demand. The capital raised, though modest, provides some working capital for the micro-cap company, but the terms reflect challenges in securing financing.
At the time of this filing, CETI was trading at $0.06 on OTC in the Manufacturing sector, with a market capitalization of approximately $7.7M. The 52-week trading range was $0.00 to $0.75. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.