(Note: Clean Energy Technologies, Inc. (CETY) announced the pricing of its public offering/ NASDAQ uplisting deal on Thursday, March 23, 2023 – in line with the terms in its prospectus: 975,000 shares priced at $4.00 – the bottom of its $4.00-to-$5.00 price range – to raise $3.9 million. The IPO was priced Wednesday night, March 22, 2023. Clean Energy Technologies’ stock is expected to start NASDAQ trading today – Thursday, March 23, 2023 – under “CETY” – bringing its symbol to the NASDAQ from the OTCQB Market.)

(Note: This is NOT an IPO. This is a NASDAQ uplisting from the OTCQB Market, where the company’s stock trades under the symbol “CETY”. In an S-1/A filing dated March 20, 2023, Clean Energy Technologies cut the size of its planned public offering/NASDAQ uplisting by 12.3 percent to 975,000 shares – down from 1.1 million shares – and kept the price range at $4.00 to $5.00 – to raise $4.39 million ($4,387,500).)

We develop renewable energy products and solutions and establish partnerships in renewable energy that make environmental and economic sense. Our mission is to be a leader in the “Zero Emission Revolution” by offering recyclable energy solutions, clean energy fuels and alternative electric power for small and mid-sized projects in North America, Europe, and Asia. We target sustainable energy solutions that are profitable for us, profitable for our customers and represent the future of global energy production.

Waste Heat Recovery Solutions – We recycle wasted heat produced in manufacturing, waste to energy and power generation facilities using our patented Clean Cycle^TM generator to create electricity which can be recycled or sold to the grid.

Waste to Energy Solutions – We convert waste products created in manufacturing, agriculture, wastewater treatment plants and other industries to electricity, renewable natural gas (“RNG”), hydrogen and bio char which are sold or used by our customers.

Engineering, Consulting and Project Management Solutions – We have expanded our legacy electronics and manufacturing business and plan to manufacture component parts for our Waste Heat Recovery and Waste to Energy business and to provide consulting services to municipal and industrial customers and Engineering, Procurement and Construction (EPC) companies so they can identify, design and incorporate clean energy solutions in their projects.

CETY HK

Clean Energy Technologies (H.K.) Limited (“CETY HK”) consists of two business ventures in mainland China:

(i) our natural gas (“NG”) trading operations sourcing and supplying NG to industries and municipalities. The NG is principally used for heavy truck refueling stations and urban or industrial users. We purchase large quantities of NG from large wholesale NG depots at fixed prices which are prepaid for in advance at a discount to market. We sell the NG to our customers at prevailing daily spot prices for the duration of the contracts; and

(ii) our planned joint venture with a large state-owned gas enterprise in China called Shenzhen Gas (Hong Kong) International Co. Ltd. (“Shenzhen Gas”), acquiring natural gas pipeline operator facilities, primarily located in the southwestern part of China. Our planned joint venture with Shenzhen Gas plans to acquire, with financing from Shenzhen Gas, natural gas pipeline operator facilities with the goal of aggregating and selling the facilities to Shenzhen Gas in the future. According to our Framework Agreement with Shenzhen Gas, we will be required to contribute $8  million to the joint venture which plans to raise in future rounds of financing. The terms of the joint venture are subject to the execution of definitive agreements.

**Note: Revenue and net loss figures are for the 12 months that ended Sept. 30, 2022.

(Note: Clean Energy Technologies, Inc. filed an S-1/A dated March 1, 2023: 1.11 million shares (1,111,112 shares) of common stock at the assumed IPO price of $4.50 – the mid-point of its $4.00-to-$5.00 price range – to raise $5.0 million – the same terms as before, under its previous S-1/A in February. Selling stockholders have registered to offer 2.92 million shares (2,916,909 shares) – issuable upon conversion of convertible promissory notes and exercise of common stock purchase warrants. The company will NOT receive any proceeds from the sale of the selling stockholders’ shares.)

(Previous SEC Filings: In an S-1/A filing dated Feb. 14, 2023, Clean Energy Technologies cut the size of its planned public offering/NASDAQ uplisting in half – to 1.1 million shares – down from 2.2 million shares – and kept the price range at $4.00 to $5.00 to raise $5.0 million. In an S-1/A filing dated Nov. 23, 2022, Clean Energy Technologies Inc. disclosed terms for its uplisting/public offering – 2.2 million shares at $4.00 to $5.00 to raise $10.0 million – and filed updated financial statements for the nine-month period that ended Sept. 30, 2022.)

(Note: In an S-1/A filing dated Jan. 30, 2023, Clean Energy Technologies Inc. added R.F. Lafferty & Co. as a joint book-runner, teamed with Craft Capital Management.)

(Note: The Street hears that the pricing date is “to be determined” for the public offering/NASDAQ uplisting of Clean Energy Technologies, Inc. (CETY proposed), as of March 1, 2023. This offering was tentatively scheduled for pricing on Feb. 28, 2023, to trade on March 1, 2023, but that did not happen.)