Clean Energy Technologies announces 1-for-15 reverse stock split

IRVINE, CA - Clean Energy Technologies, Inc. (Nasdaq:CETY), currently trading at $0.20 with a market capitalization of $19.55 million, announced Wednesday that its Board of Directors has approved a 1-for-15 reverse stock split of the company’s common stock, scheduled to take effect before market open on October 6, 2025. According to InvestingPro analysis, the stock has fallen over 70% in the past year.

The reverse split will automatically convert every 15 shares of CETY common stock into one new share, reducing the company’s outstanding shares from approximately 69.7 million to 4.65 million. Fractional shares resulting from the split will be rounded up to the nearest whole share on a per-shareholder basis.

As part of the restructuring, CETY will also decrease its authorized shares from 2 billion to approximately 133.3 million. The company’s common stock will continue trading under the same symbol with a new CUSIP number: 18452H305.

CEO Kam Mahdi stated the reverse split aims to restore compliance with Nasdaq’s minimum bid price requirement of $1.00 per share.

Clean Energy Technologies, headquartered in Irvine, California, focuses on waste heat recovery solutions, waste-to-energy technologies, and engineering consulting services for clean energy projects.

The information in this article is based on a company press release statement issued October 1, 2025.

In other recent news, Clean Energy Technologies, Inc. completed a 1-for-15 reverse stock split, consolidating every 15 existing shares into one new share. This move, accepted by the State of Nevada, affects both the company’s authorized and outstanding common stock. Additionally, Clean Energy Technologies has successfully delivered heat recovery systems to Sagacity as part of a strategic agreement. The delivery included Clean Cycle II Organic Rankine Cycle (ORC) units and necessary engineering support, fulfilling commitments made earlier this year.

In legislative developments, Clean Energy Technologies’ products are set to continue benefiting from federal clean energy tax incentives. Following the enactment of the One Big Beautiful Bill Act, the company’s technologies remain eligible for Investment Tax Credits of up to 30% and Production Tax Credits of up to 1.5 cents per kilowatt-hour. These incentives apply provided the technologies meet specific requirements for zero greenhouse gas emissions and adhere to labor standards.

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