Company: ALCE
Filing Date: 2025-06-06
Form Type: 10-K
Source: 0001213900-25-052242
Chunk: 153

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-06-06
Form: 10-K
Item: Item 1
Chunk 153
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 public share rights held by CLIN shareholders for Alternus Clean Energy Inc. common stock 
     92,000 
  
    Issuance of Alternus Clean Energy, Inc. common stock to promissory note holders 
     16,000 
  
    Exchange of CLIN Class A common stock held by CLIN Sponsor for Alternus Clean Energy Inc. common stock 
     342,267 
  
    Subtotal - Business Combination, net of redemptions 
     455,353 
  
    Issuance of shares under the FPA 
     59,849 
  
    Shares purchased by the accredited investor under the FPA 
     52,013 
  
    Issuance of Alternus Clean Energy Inc. common stock to Alternus Energy Group Plc. on the Closing Date 
     2,300,000 
  
    Issuance of Alternus Clean Energy Inc. common stock to the CLIN Sponsor as a holder of CLIN convertible notes on the Closing Date 
     9,000 
  
    Total – Alternus Clean Energy Inc. common stock outstanding as a result of the Business Combination, FPA, exchange of Acquired Subsidiaries’ shares for shares of Alternus Clean Energy Inc. and issuance of Alternus Clean Energy Inc. common stock the holder of CLIN convertible notes. 
     2,876,215 

    5.
    Fair Value Measurements

Fair value is defined as the
exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous
market for the asset or liability in an orderly transaction between market participants at the measurement date. Inputs used to measure
fair value are prioritized within a three-level fair value hierarchy. This hierarchy requires entities to maximize the use of observable
inputs and minimize the use of unobservable inputs. The three levels of inputs used to measure fair value are as follows:

Level 1 — Quoted prices in active
markets for identical assets or liabilities.

Level 2 — Observable inputs other
than quoted prices included in Level 1, such as quoted prices for similar assets and liabilities in active markets; quoted prices for
identical or similar assets and liabilities in markets that are not active; or other inputs that are observable or can be corroborated
by observable market data.

Level 3 — Unobservable inputs
that are supported by little or no market activity and that are significant to the fair value of the assets or