Company: ALCE
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001213900-25-105077
Chunk: 191

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 8
Chunk 191
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 expense was recorded in connection with the April issuance.

Warrants

As of June 30, 2024, warrants
to purchase up to 8,313 shares of common stock were issued and outstanding. These warrants were related to financing activities. During
the six months ended June 30, 2024, the Company issued 5,844 additional warrants; during the six months ended June 30, 2025, the Company
issued 382 additional warrants exercisable at $81.18 per share with a five-year term to Maxim as compensation for placement agent services
related to the January 21, 2025 financing, and the Company issued 170,000 warrants exercisable at $6.00 per share with a 5.5 year term
to 3i as part of a financing activity. As of June 30, 2025, warrants to purchase up to 185,717 shares of common stock were issued and
outstanding.

     Warrants   Weighted Average Exercise Price   Weighted Average Remaining Contractual Term (Years)   Outstanding - January 1, 2024   2,469   $56,100    4.93   Issued during the period   5,844    216    1.82   Expired during the period   -    -    -   Outstanding – June 30, 2024   8,313    9,214    4.58   Exercisable – June 30, 2024   8,313   $9,214    4.58  

28

     Warrants   Weighted Average Exercise Price   Weighted Average Remaining Contractual Term (Years)   Outstanding – January 1, 2025   15,335   $9,214    4.58   Issued during the period   170,382         2.18   Expired during the period   -    -    -   Outstanding – June 30, 2025   185,717    766.49    6.76   Exercisable – June 30, 2025   185,717   $766.49    6.76  

2023 Equity Incentive Plan

As of