Company: ALCE
Filing Date: 2025-06-06
Form Type: 10-K
Source: 0001213900-25-052242
Chunk: 15

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-06-06
Form: 10-K
Item: Item 1
Chunk 15
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 Factors.

Investing in us involves
a high degree of risk. Before you invest in us, you should carefully consider the following risks, as well as general economic and business
risks, and all of the other information contained in this Annual Report on Form 10-K. Any of the following risks could have
a material adverse effect on our business, operating results and financial condition and cause the trading price of our common stock to
decline, which would cause you to lose all or part of your investment. When determining whether to invest, you should also refer to the
other information contained in this Annual Report on Form 10-K, including our financial statements and the related notes thereto, and
the other financial information concerning us included elsewhere in this Annual Report on Form 10-K.

We cannot assure
you that we will achieve or maintain profitability and our auditor has expressed substantial doubt about our ability to continue as a
going concern.

We will need to raise
additional working capital to continue our normal and planned operations. We will need to generate and sustain significant revenue levels
in future periods in order to become profitable, and, even if we do, we may not be able to maintain or increase our level of profitability.
In addition, as a public company, we will incur accounting, legal and other expenses. These expenditures will make it necessary for us
to continue to raise additional working capital. Our efforts to grow our business may be costlier than we expect, and we may not be able
to generate sufficient revenue to offset our increased operating expenses. We may incur significant losses in the future for a number
of reasons, including unforeseen expenses, difficulties, complications and delays and other unknown events. Accordingly, substantial doubt
exists about our ability to continue as a going concern and we cannot assure you that we will achieve sustainable operating profits as
we continue to expand our business, and otherwise implement our growth initiatives.

The financial statements
included with this Annual Report have been prepared on a going concern basis. We may not be able to generate profitable operations in
the future and/or obtain the necessary financing to meet our obligations and pay liabilities arising from normal business operations when
they come due. The outcome of these matters cannot be predicted with any certainty at this time. These factors raise substantial doubt
that we will be able to continue as a going concern. We plan to continue to provide for our capital needs through sales of our securities
and/or other financing activities. Our financial statements do not include any adjustments to the amounts and