On October 6, Clean Energy Technologies Entered Into A Sales Agreement With Roth Capital Partners, LLC, As Sales Agent Pursuant To Agreement Co May Offer And Sell From Time To Time Up To $25M Of Shares Of Co's Common Stock
Portfolio Pulse from Benzinga Newsdesk
Clean Energy Technologies (CETY) has entered into a sales agreement with Roth Capital Partners, LLC. According to the agreement, CETY may offer and sell up to $25M of its common stock from time to time.
October 13, 2023 | 9:17 pm
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POSITIVE IMPACT
CETY's new sales agreement with Roth Capital Partners allows it to sell up to $25M of its common stock. This could potentially increase liquidity and capital for the company.
The sales agreement allows CETY to sell a significant amount of its common stock, potentially increasing its liquidity and capital. This could be seen as a positive move by investors, potentially leading to a short-term increase in the stock price.
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IMPORTANCE 75
RELEVANCE 100