Clean Energy Technologies, Inc. 8-K

What Happened

• On January 12, 2026, Clean Energy Technologies, Inc. (CETY) entered into a Note Purchase Agreement to acquire a HK$11,700,000 portion of a convertible bond issued by China Ruifeng Renewable Energy Holdings Limited (ticker 527.HK).
• The sellers are Filled Converge Limited and Li Xiaoguang. The purchase consideration is US$700,000 (paid in HK$ equivalent) plus 1,932,000 shares of CETY common stock. $500,000 of the cash portion is due at closing and the remaining $200,000 is due within 30 days. The agreement is filed as Exhibit 10.1 to the 8-K.

Key Details

• Target asset: HK$11,700,000 portion of a convertible bond with original principal HK$356,375,000 (China Ruifeng).
• Purchase price: US$700,000 cash equivalent + 1,932,000 CETY common shares. Payment schedule: $500,000 at closing; $200,000 within 30 days.
• Filing: Transaction reported under Item 1.01 (Material Definitive Agreement) and Item 3.02 (Unregistered Sales of Equity Securities); Purchase Agreement attached as Exhibit 10.1.

Why It Matters

• The deal gives CETY exposure to a stake in a Hong Kong-listed issuer’s convertible bond, which may affect the company’s investment holdings and potential future income or recoveries from that security.
• The transaction uses both cash and stock: immediate cash outflow ($500,000) plus potential dilution from issuing 1,932,000 shares; shareholders should watch for the effect on CETY’s cash position and share count in future filings.
• Investors should review the attached Purchase Agreement (Exhibit 10.1) and monitor subsequent disclosures for details on the bond’s terms, any restrictions on the issued shares, and how the company accounts for this investment.