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  4. [8-K] Clean Energy Technologies, Inc. Reports Material Event

Clean Energy Technologies (NASDAQ: CETY) appoints Green Growth CPAs as new auditor

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Clean Energy Technologies, Inc. reported a change in its independent auditors. On July 13, 2026, the company dismissed TAAD LLP as its independent registered public accounting firm, a decision approved by the Audit Committee. TAAD LLP’s reports on the financial statements for the years ended December 31, 2025 and 2024 contained an explanatory paragraph noting substantial doubt about the company’s ability to continue as a going concern, but no adverse opinions, disclaimers, or qualifications on accounting principles, scope, or uncertainties.

During the 2025 fiscal year and through July 13, 2026, the company states there were no disagreements with TAAD LLP and no reportable events under Item 304(a)(1)(v) of Regulation S-K. On July 16, 2026, Clean Energy Technologies engaged Green Growth CPAs as its new independent registered public accounting firm and indicates it had not previously consulted this firm on accounting principles, potential audit opinions, or other matters described in Item 304.

Positive

  • None.

Negative

  • Former auditor TAAD LLP’s reports for 2025 and 2024 included a going concern paragraph, citing substantial doubt about Clean Energy Technologies’ ability to continue as a going concern.

Filing Explained

The disclosed auditor transition was completed on July 16, 2026; separately, the latest reported cash balance of $602,461 equaled 30.3 days of the last reported quarterly operating cash use, providing a liquidity measure alongside the prior going-concern paragraph.

Sources and calculations
  • Cash and equivalents vs quarterly operating cash outflow, in days of cash use $602,461 / ($1,791,122 / 90) = [object Object]
Item 4.01 Changes in Registrant's Certifying Accountant Governance
The company changed its independent auditing firm, which may involve disagreements on accounting matters.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Dismissal date of former auditor July 13, 2026 Date TAAD LLP was notified of dismissal as independent registered public accounting firm
Engagement date of new auditor July 16, 2026 Date Green Growth CPAs was engaged as independent registered public accounting firm
Fiscal year-end referenced December 31, 2025 One of the fiscal years covered by TAAD LLP’s reports with a going concern paragraph
Prior fiscal year-end referenced December 31, 2024 Earlier fiscal year also covered by TAAD LLP’s going concern explanatory paragraph
Commission File Number 001-41654 SEC registration file number for Clean Energy Technologies, Inc.
independent registered public accounting firm regulatory
"dismissal as the Company’s independent registered public accounting firm"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
going concern financial
"noted that there was substantial doubt as to the Company’s ability to continue as a going concern"
Going concern is the accounting assumption that a company will keep operating and meeting its obligations for the foreseeable future. The phrase matters most when a company or its auditors disclose substantial doubt about it, a formal warning that the business may not have enough resources to continue without raising money, restructuring, or selling assets. That language in a filing or press release signals elevated financial risk.
reportable events regulatory
"were no reportable events of the kind referenced in Item 304(a)(1)(v)"
Reportable events are significant incidents or changes a company is legally required to disclose to regulators and the public, such as major safety problems, legal actions, financial irregularities, or management changes. They matter to investors because these events can alter a company’s risk profile or future performance, much like a dashboard warning light signals a problem that could affect a car’s safety or reliability. Timely disclosure helps investors make informed decisions and maintain market fairness.
Item 304(a)(1)(v) of Regulation S-K regulatory
"reportable events of the kind referenced in Item 304(a)(1)(v) of Regulation S-K"
Emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What change in auditors did Clean Energy Technologies (CETY) report?
Clean Energy Technologies dismissed TAAD LLP as its independent registered public accounting firm on July 13, 2026, and engaged Green Growth CPAs as its new independent registered public accounting firm on July 16, 2026, following approval by the company’s Audit Committee.

Did TAAD LLP have disagreements with Clean Energy Technologies (CETY)?
The company states there were no disagreements with TAAD LLP during the 2025 fiscal year and through July 13, 2026, on accounting principles, financial statement disclosure, or audit scope, and there were no reportable events of the kind described in Item 304(a)(1)(v) of Regulation S-K.

What did TAAD LLP report about CETY’s ability to continue as a going concern?
TAAD LLP’s audit reports on Clean Energy Technologies’ financial statements for the years ended December 31, 2025 and 2024 included an explanatory paragraph stating there was substantial doubt about the company’s ability to continue as a going concern, although the opinions were not otherwise adverse or qualified.

Who approved the dismissal of TAAD LLP at Clean Energy Technologies (CETY)?
The dismissal of TAAD LLP as Clean Energy Technologies’ independent registered public accounting firm was approved by the company’s Audit Committee, indicating the decision came through the board’s formal oversight process rather than solely from management.

Did Clean Energy Technologies (CETY) consult Green Growth CPAs before hiring them?
Clean Energy Technologies reports it did not consult Green Growth CPAs during its two most recent fiscal years or the interim period through July 16, 2026, regarding accounting principles, potential audit opinions, disagreements, or reportable events as defined under Item 304 of Regulation S-K.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): July 13, 2026

 

Clean Energy Technologies, Inc.

 

(Exact name of registrant as specified in its charter)

 

001-41654   20-2675800

(Commission

File Number)

  

(IRS Employer

Identification Number)

 

1340 Reynolds Avenue, Unit 120

Irvine, CA

92614
(Address of Principal Executive Offices)   (Zip Code)

 

(949) 273-4990

(Registrant’s telephone number, including area code)

 

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR240.14d-2(b))
   
☐  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of Each Class   Trading Symbol(s)   Name of Each Exchange on Which Registered
Common Stock, par value $0.001   CETY   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 4.01. Changes In Registrant’s Certifying Accountant.

 

Previous Certifying Accounting Firm

 

(i) On July 13, 2026, Clean Energy Technologies, Inc. (the “Company”) notified TAAD LLP (the “Former Accounting Firm”) of its dismissal as the Company’s independent registered public accounting firm.

 

(ii) The reports of the Former Accounting Firm on the Company’s financial statements as of and for the fiscal years ended December 31, 2025 and 2024, contained no adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope, or accounting principles except as set forth in subparagraph (iii) below.

 

(iii) The reports of the Former Accounting Firm on the Company’s financial statements as of and for the years ended December 31, 2025 and 2024, contained an explanatory paragraph which noted that there was substantial doubt as to the Company’s ability to continue as a going concern.

 

(iv) The Company’s Audit Committee approved the dismissal of the Former Accounting Firm.

 

(v) During the fiscal year ending December 31, 2025, and during the interim period through July 13, 2026, there (i) have been no disagreements with the Former Accounting Firm on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of the Former Accounting Firm, would have caused the Former Accounting Firm to make reference to the subject matter of such disagreements in its reports on the financial statements for such years, and (ii) were no reportable events of the kind referenced in Item 304(a)(1)(v) of Regulation S-K.

 

(vi) The Company provided the Former Accounting Firm a copy of this Current Report on Form 8-K and requested that the Former Accounting Firm furnish it with a letter addressed to the Securities and Exchange Commission stating whether it agrees with the disclosures the Company is making in response to Item 304(a) of Reg. S-K, and, if not, stating the respects in which it does not agree. A copy of the letter from the Former Accounting Firm is attached hereto as Exhibit 16.1 to this Current Report on Form 8-K.

 

New Independent Accountants

 

On July 16, 2026, the Company engaged Green Growth CPAs (the “New Accounting Firm”) as its independent registered public accounting firm. The Company has not consulted with the New Accounting Firm during our two most recent fiscal years or during the subsequent interim period through July 16, 2026, regarding (i) the application of accounting principles to a specified transaction, either completed or proposed; (ii) the type of audit opinion that might be rendered on our financial statements, and neither a written report was provided to us nor oral advice was provided that the New Accounting Firm concluded was an important factor considered by the Company in reaching a decision as to an accounting, auditing or financial reporting issue; or (iii) any matter that was either the subject of disagreement (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions) or a reportable event (within the meaning of Item 304(a)(1)(v) of Regulation S-K).

 

Item 9.01. Financial Statements and Exhibits.

 

The exhibits listed in the following exhibit index are filed as part of this Current Report on Form 8-K:

 

(d) Exhibits

 

Exhibit No.   Description of Exhibit
16.1   Letter from Former Accounting Firm
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunder duly authorized.

 

  CLEAN ENERGY TECHNOLOGIES, INC.
     
Dated: July 16, 2026 By: /s/ Kambiz Mahdi
    Kambiz Mahdi
    Chief Executive Officer

 

 

 

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

6 documents

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