Company: ALCE
Filing Date: 2025-04-14
Form Type: DEF 14C
Source: 0001213900-25-031333
Chunk: 7

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-04-14
Form: DEF 14C
Chunk 7
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 at 300,000,000. The following table summarizes, for illustrative purposes only, the anticipated effects of a Reverse Stock Split on our shares available for issuance based on information as of the Record Date (unless otherwise noted below) and without giving effect to the treatment of fractional shares. Assuming this Proposal Is Implemented by the Board:

| Status                         |     |   Number of 
   Shares of 
      Common 
       Stock 
  Authorized |     |   Number of 
   Shares of 
      Common 
       Stock 
      Issued 
         and 
 Outstanding |     |   Number of 
   Shares of 
      Common 
       Stock 
    Reserved 
  for Future 
 Issuance(1) |     |   Number of 
   Shares of 
      Common 
       Stock 
  Authorized 
         but 
    Unissued 
         and 
  Unreserved |     | Hypothetical 
 Initial      
 Market       
 Value of     
 Shares of    
 Common       
 Stock        
 Authorized   
 but          
 Unissued     
 and          
 Unreserved*  |           |
|:-------------------------------|:----|------------:|:----|------------:|:----|------------:|:----|------------:|:----|:-------------|----------:|
| Pre-Reverse Stock Split        |     | 300,000,000 |     |   9,898,354 |     |   6,279,809 |     | 283,821,837 |     | $            | 8,514,655 |
| Post-Reverse Stock Split 1:2   |     | 300,000,000 |     |   4,949,177 |     |   3,139,904 |     | 291,910,919 |     | $            | 8,757,328 |
| Post-Reverse Stock Split 1:500 |     | 300,000,000 |     |      19,796 |     |      12,559 |     | 299,967,645 |     | $            | 8,999,029 |

____________ *Based on a hypothetical post -splitstock price calculated by multiplying the closing stock price on March 21, 2025 of $0.03 by the split ratio. (1)Includes shares of common stock reserved for issuance (i) upon the exercise of currently exercisable warrants, (ii) upon exercise of convertible notes, and (iii) under the 2023 Plan. A Reverse Stock Split