Clean Energy Technologies Secures $260K High-Cost Loan Amidst Delisting Threats
CETY sits 53% above its 52-week low of $0.463.
Summary
Clean Energy Technologies obtained a $260,000 high-interest, secured loan with a 1.499x repayment multiplier over 32 weeks, providing essential working capital but underscoring severe financial distress and delisting risks.
Key Events · Financing and Capital Events · CETY
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Secured High-Cost Loan
The company borrowed $260,000 from Agile Capital Funding, LLC via a short-term secured cash advance loan on May 27, 2026.
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Exorbitant Repayment Terms
The loan requires a total repayment of $389,740 over approximately 32 weeks, representing a 49.9% effective interest rate over the loan term.
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Critical Working Capital
Net proceeds of $225,453.36 will be used for general business requirements and to repay a prior loan from the same lender, providing a short-term lifeline.
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Assets Pledged as Collateral
The loan is secured by substantially all of the company's assets, including accounts, equipment, inventory, and intellectual property.
Analysis · CETY · Energy & Transportation
Clean Energy Technologies, Inc. has secured a $260,000 short-term secured loan with extremely high costs, requiring a total repayment of $389,740 over 32 weeks. This financing provides critical, albeit expensive, working capital for a company facing multiple Nasdaq delisting notices, restated financials, and a 'going concern' warning. The unfavorable terms highlight the company's desperate need for liquidity and limited access to conventional financing, further burdening its already precarious financial position.
At the time of this filing, CETY was trading at $0.71 on NASDAQ in the Energy & Transportation sector, with a market capitalization of approximately $9.2M. The 52-week trading range was $0.46 to $5.01. This filing was assessed with negative market sentiment and an importance score of 9 out of 10.