Clean Energy Technologies Implements Reverse Stock Split to Support Continued Nasdaq Listing and Growth Plans

Core Points - Clean Energy Technologies, Inc. (CETY) announced a 1-for-15 reverse stock split approved by its Board of Directors on September 19, 2025, aimed at restoring compliance with Nasdaq's listing standards and minimum bid price requirement [1][4] - The reverse stock split will reduce the number of outstanding shares from approximately 69.7 million to about 4.65 million, effective before market open on October 6, 2025 [2][3] - Following the reverse stock split, the number of authorized shares will decrease from 2 billion to 133.33 million [1][2] Company Overview - CETY is a clean energy technology company focused on providing power generation, waste-to-energy, battery storage, and heat-to-power solutions [1] - The company aims to deliver affordable, scalable, and eco-friendly energy solutions for a sustainable future, targeting small and mid-sized projects in North America, Europe, and Asia [4] - CETY's principal products include Waste Heat Recovery Solutions and Waste to Energy Solutions, utilizing patented technologies to convert waste into electricity and BioChar [4]