Company: ALCE
Filing Date: 2025-01-27
Form Type: S-1
Source: 0001213900-25-007054
Chunk: 89

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-01-27
Form: S-1
Chunk 89
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arrants”); |

| ● | up to 17,800 shares of common stock issuable upon the exercise of warrants (the “Sponsor Warrants”) with an exercise price of $287.50 issued to Clean Earth Acquisitions Sponsor LLC; |

| ● | up to 12,000 shares of common stock issuable upon the exercise of warrants issued to SCM Tech, LLC with an exercise price of $0.25 per share (the “SCM Tech 1 Warrants”); |

| ● | up to 4,000 shares of common stock issuable upon the exercise of warrants issued to SCM Tech, LLC with an exercise price of $287.50 per share (the “SCM Tech 2 Warrants”); |

| ● | up to 3,600 shares of common stock issuable upon the exercise of warrants issued to SCM Tech, LLC with an exercise price of $0.25 per share (the “SCM Tech 3 Warrants”);  |
| ● | up to 1,155,600 shares of common stock issuable upon the exercise of warrants issued to 3i LP as part of a note issued in April (the “April 3i Warrants”);                |
| ● | up to 9,644 shares of common stock issuable upon the exercise of warrants issued to Maxim with an exercise price of $2.20 per share (the “April Maxim Warrants”);         |
| ● | up to 1,337,505 shares of common stock issuable upon the exercise of warrants issued to 3i LP as part of a note issued in October (the “October 3i Warrants”); and        |
| ● | up to 127,215 shares of common stock issuable upon the exercise of warrants issued to Maxim with an exercise price of $2.20 per share (the “October Maxim Warrants”); and |
| ● | an indeterminate number of shares that may be issued upon full conversion of the April 3i Notes and the October 3i Notes.                                                 |

47 DILUTION Purchasers of our common stock in this offering will experience an immediate and substantial dilution in the pro forma net tangible book value of their shares of common stock. Dilution in pro forma net tangible book value represents the difference between the public offering price per share and the pro forma as adjusted net tangible book value per share of our common stock immediately after the offering. he historical net tangible book value (deficit) of our