Company: ALCE
Filing Date: 2025-01-27
Form Type: S-1
Source: 0001213900-25-007054
Chunk: 19

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-01-27
Form: S-1
Chunk 19
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 payment to the October Convertible Notes (as defined below) originally issued to 3i, L.P., and other senior or pari passu Indebtedness (as defined in the December Purchase Agreement) of the Company. Auditor Appointment. On November 5, 2024, the Company’s Audit Committee approved, and the Company’s Board of Directors (the “ Board”) ratified, the engagement of Kreit & Chiu CPA, LLP (the “ New Auditor”), and appointed the New Auditor as the Company’s independent registered public accounting firm as of November 5, 2024. Prior to the New Auditor’s appointment, on November 5, 2024, the Audit Committee of the Company dismissed Forvis Mazars, LLP (“ Forvis Mazars”) as the Company’s independent registered public accounting firm. From June 1, 2024 through November 5, 2024, the period during which Forvis Mazars was engaged as the Company’s independent registered public accounting firm, there were no disagreements with Forvis Mazars 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 Forvis Mazars, would have caused Forvis Mazars to make reference to the subject matter of the disagreements as defined in Item 304 of Regulation S-K in connection with any reports it would have issued, and there were no “reportable events” as such term is described in Item 304 of Regulation S-K. Forvis Mazars did not issue any reports on the Company’s financial consolidated statements during the period which Forvis Mazars was engaged as the Company’s independent registered public accounting firm. 3 AEA Transaction. On November 5, 2024, the Company entered into a Share Purchase Agreement with Alternus Energy Group Plc., a majority shareholder of the Company, (the “ Buyer”) for the sale of the entire issued share capital of Alternus Energy Americas Inc. (“ AEA”), including all of AEA’s subsidiaries: ALT US 01, LLC; ALT US 02 LLC and its subsidiary Lightwave Renewables LLC; ALT US 03 LLC and its subsidiary Walking Horse LLC; ALT US 04 LLC and its subsidiary Dancing Horse LLC; ALT US 05 LLC; ALT US 06 LLC; ALT US 07 LLC and its subsidiary River Song Solar LLC; ALT US 08 LLC; ALT US AM LLC (the “ Transaction”), for a total consideration of Euro 10.00. Additionally, on November