Company: ALCE
Filing Date: 2025-06-06
Form Type: 10-K
Source: 0001213900-25-052242
Chunk: 593

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-06-06
Form: 10-K
Item: Item 1B
Chunk 593
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 On May 8, 2024 we issued 4,000 shares of restricted common stock valued at $8.75 per share to David Shapiro, CEO of B2i Digital, Inc. in exchange for services.

    (9)
     On August 22, 2024 we issued 200,000 shares of restricted common stock valued at $5.95 per share to Hover Energy LLC in accordance with a Joint Business Venture Heads of Terms Agreement.

    (10)
    On October 1, 2024, the Company issued (a) a senior convertible note in the principal amount of $795,455, bearing a twelve percent (12.0%) original issue discount (the “Convertible Note”), and (b) a warrant (the “Warrant”) to purchase up to 212,784 shares of the Company’s common stock, $0.0001 par value per share (the “Common Stock”), at an exercise price of $2.00 per share (the “Exercise Price”). This warrant was adjusted, and as of December 2, 2024, they are exercisable to purchase up to 425,571 shares at $1.00 per share, pursuant to the Adjustment Notice dated December 2, 2024. We also issued a warrant to purchase 21,278_shares of common stock with an exercise price of $2.20 per share to the placement agent as part of the fees associated with this offering. Pursuant to the said offering, the Company received gross proceeds of $700,000, before fees and other expenses associated with the transaction.

    (11)
    On October 9, 2024 we issued 20,000 shares of restricted common stock valued at $2.675 per share to David Shapiro, CEO of B2i Digital, Inc. in exchange for services.

    (12)
    On October 21, 2024 we issued (a) a senior convertible note in the principal amount of $607,955, bearing a twelve percent (12.0%) original issue discount (the “Convertible Note”), and (b) a warrant (the “Warrant”) to purchase up to 162,628 shares of the Company’s common stock, $0.0001 par value per share (the “Common Stock”), at an exercise price of $2.00 per share (the “Exercise Price”). This warrant was adjusted on December 2, 2024 to purchase up to 325,257 shares at an exercise price of