Company: ALCE
Filing Date: 2025-01-27
Form Type: S-1
Source: 0001213900-25-007054
Chunk: 28

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-01-27
Form: S-1
Chunk 28
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 required to be sold, and we 
 may not raise the amount of capital we believe is required for our business.               |

| ● | Our                                                            
 use of proceeds may not increase the value of your investment. |

| ● | The                                                                              
 Warrants may not be exercised until we receive the Warrant Stockholder Approval. |

| ● | You                                                                                         
 will experience immediate and substantial dilution in the net tangible book value per share 
 of the common stock included in the Common Units and the Pre-Funded Units.                  |

| ● | You                                                                                            
 should consult your own independent tax advisor regarding any tax matters arising with respect 
 to the securities offered in connection with this offering.                                    |

| ● | We                                                               
 are an “emerging growth company” and “smaller reporting company” 
 within the meaning of the Securities Act.                        |

| ● | Our                                                                                           
 stock price is subject to volatility, which could have a material adverse impact on investors 
 and employee retention.                                                                       |

| ● | Our                                                               
 management team has limited experience managing a public company. |

| ● | We                                                                                            
 are not in compliance with the Nasdaq continued listing requirements. If we are unable to     
 comply with the continued listing requirements of The Nasdaq Capital Market, our Common Stock 
 could be delisted, which could affect our Common Stock’s market price and liquidity           
 and reduce our ability to raise capital.                                                      |

| ● | Future                                                                           
 sales of shares by existing stockholders could cause our stock price to decline. |

| ● | We                                                                                            
 may issue additional shares of common stock or other equity securities without your approval, 
 which would dilute your ownership interests and may depress the market price of our common    
 stock.                                                                                        |

| ● | We                                                         
 do not intend to pay dividends for the foreseeable future. |

| ● | We                                                                                
 will incur increased costs and obligations as a result of being a public company. |

| ● | We                                                                                          
 identified material weaknesses in our internal control over financial reporting which, if   
 not remediated appropriately or timely, could result in the loss of investor confidence and 
 adversely impact our business operations and our stock price.                               |

| ● | As                                                                                               
 a public reporting company, we are subject to filing deadlines for reports that we file pursuant 
 to the Exchange Act, and our failure to timely file such reports may have material adverse       
 consequences on our business.                                                                    |

Inflation Risk We donot believe that inflation has had a material effect on our business, results of operations, or