Company: ALCE
Filing Date: 2025-06-06
Form Type: 10-K
Source: 0001213900-25-052242
Chunk: 351

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-06-06
Form: 10-K
Item: Item 1A
Chunk 351
---
 remedial measures, we cannot guarantee
that those internal controls and disclosure controls that we put in place will prevent all possible errors, mistakes or all fraud.

If our financial statements are not accurate,
investors may not have a complete understanding of our operations. Likewise, if our financial statements are not filed on a timely basis,
we could be in violation of covenants contained in the agreements governing our debt. We could also be subject to sanctions or investigations
by the stock exchange on which our shares are listed, the SEC or other regulatory authorities, which could result in a material adverse
effect on our business. These outcomes could subject us to litigation, civil or criminal investigations or enforcement actions requiring
the expenditure of financial resources and diversion of management time, could negatively affect investor confidence in the accuracy and
completeness of our financial statements and could also adversely impact our stock price and our access to the capital markets. 

Our internal controls over financial reporting
may not be effective and our independent registered public accounting firm may not be able to certify as to their effectiveness, which
could have a significant and adverse effect on our business and reputation.

We are required to comply with the SEC’s
rules implementing Sections 302 and 404 of the Sarbanes-Oxley Act, which require management to certify financial and other information
in our quarterly and annual reports and provide an annual management report on the effectiveness of controls over financial reporting.
When we are no longer an emerging growth company, our independent registered public accounting firm may be required to audit the effectiveness
of our internal controls over financial reporting pursuant to Section 404 in future Form 10-K filings. Our independent registered public
accounting firm may issue a report that is adverse in the event that it is not satisfied with the level at which our controls are documented,
designed or operating. 

Further, we may need to undertake various actions,
such as implementing additional internal controls and procedures and hiring additional accounting or internal audit staff. Testing and
maintaining internal controls can divert our management’s attention from other matters that are important to the operation of our
business. If we identify material weaknesses in our internal controls over financial reporting or are unable to comply with the requirements
of Section 404 or assert that our internal controls over financial reporting are effective, or if our independent registered public accounting
firm is unable to express an opinion as to the effectiveness of our internal controls over financial reporting, investors may lose confidence
in the accuracy and completeness of our financial reports and the market price of our common