Company: ALCE
Filing Date: 2025-06-30
Form Type: 10-Q
Source: 0001213900-25-059349
Chunk: 320

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-06-30
Form: 10-Q
Item: Part I, Item 3
Chunk 320
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, 2025, the Company entered into a Settlement
Agreement and Stipulation (the “Agreement”) with Southern Point Capital Corporation (“SPC”), pursuant to which
the Company agreed to issue Common Stock to SPC in exchange for the settlement of an aggregate of $4,242,963.60 (the “Settlement
Amount”) to resolve outstanding overdue liabilities with different vendors. on May 2, 2025, the Company issued 4,000,000 shares
of Common Stock to SPC as a settlement fee.

On May 1, 2025 the Company issued 1,000,000 shares of restricted
common stock to Assure Power, LLC for services pursuant to a consulting agreement, valued at $43,000.

On May 20, 2025 the Company issued 8 million shares of restricted
common stock to a related party, Alternus Energy Group PLC, for services rendered, valued at $224,000.

Issuer Purchases of Equity Securities

None.

54

Item 3. Defaults Upon Senior Securities.

None

Item 4. Mine Safety Disclosures.

Not applicable.

Item 5. Other Information.

None 

Item 6. Exhibits 

    Exhibit No.
     
    Description
  
    3.1
     
    Third Amended and Restated Certificate of Incorporation of Alternus Clean Energy, Inc. (incorporated by reference to Exhibit 3.1 to the Registrant’s Current Report on Form 8-K (File No. 001-41306), filed with the Securities and Exchange Commission on October 9, 2024 
  
    3.2
     
    Amended and Restated Bylaws of Alternus Clean Energy, Inc. (incorporated by reference to Exhibit 3.2 to the Registrant’s Current Report on Form 8-K (File No. 001-41306), filed with the Securities and Exchange Commission on December 22, 2023)
  
    3.3
     
    Amended And Restated Certificate of Designation of Rights, Preferences and Privileges of Series A Super Voting Preferred Stock (incorporated by reference to Exhibit 3.1 to the Registrant’s Current Report on Form 8-K (File No. 001-41306), filed with the Securities and Exchange Commission on March 27, 2025)
  
    4.1
     
    Form of Warrant Certificate that was issued