Company: ALCE
Filing Date: 2025-06-06
Form Type: 10-K
Source: 0001213900-25-052242
Chunk: 60

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-06-06
Form: 10-K
Item: Item 1
Chunk 60
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 comparison of our financial statements with another public company which is neither an emerging growth company
nor an emerging growth company which has opted out of using the extended transition period difficult or impossible because of the potential
differences in accounting standards used.

35

As an emerging growth
company, we may also take advantage of certain exemptions from various reporting requirements that are applicable to other public companies
that are not emerging growth companies including, but not limited to, not being required to obtain an assessment of the effectiveness
of our internal controls over financial reporting from our independent registered public accounting firm pursuant to Section 404 of the
Sarbanes-Oxley Act, reduced disclosure obligations regarding executive compensation in our periodic reports and proxy statements and exemptions
from the requirements of holding a nonbinding advisory vote on executive compensation and stockholder approval of any golden parachute
payments not previously approved. We cannot predict if investors will find our shares of common stock less attractive because we will
rely on these exemptions. If some investors find our shares of common stock less attractive as a result, there may be a less active market
for our shares of common stock and our share price may be more volatile.

Additionally, we qualify
as a “smaller reporting company” as defined in Item 10(f)(1) of Regulation S-K. Smaller reporting companies
may take advantage of certain reduced disclosure obligations, including, among other things, providing only two years of audited financial
statements. We expect that we will remain a smaller reporting company until the last day of any fiscal year for so long as either (a) the
market value of our common stock held by non-affiliates does not equal or exceed $250 million as of the end of that year’s
second quarter, or (b) our annual revenues did not equal or exceed $100 million during such completed fiscal year and the market value
of our common stock held by non-affiliates did not equal or exceed $700 million as of the end of that year’s second quarter. To
the extent we take advantage of such reduced disclosure obligations, it may also make comparison of our financial statements with other
public companies difficult or impossible.

Our stock price
may be volatile and may decline regardless of our operating performance.

The market price of our
common stock may fluctuate significantly in response to numerous factors and may continue to fluctuate for these and other reasons, many
of which are beyond our control, including, but not limited to:

    ●
    actual or