Clean Energy Technologies to execute 1-for-15 reverse stock split
Clean Energy Technologies, Inc. (NASDAQ: CETY) completed a 1-for-15 reverse stock split of its authorized and outstanding common stock shares. The company filed a Certificate of Change with the State of Nevada, which was accepted for filing on September 26, 2025.
The reverse stock split affects both the company's authorized shares of common stock and its issued and outstanding shares of common stock. Under the split, every 15 existing shares will be consolidated into one new share.
According to the company's statement, the reverse stock split was implemented to restore compliance with Nasdaq Stock Market's continued listing standards, specifically the exchange's $1.00 minimum bid price requirement.
The information is based on a press release statement from Clean Energy Technologies.
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