Alternus Clean Energy Announces Closing of $2.25 Million Private Placement

Core Viewpoint - Alternus Clean Energy, Inc. has successfully closed a private placement of $2.25 million to support its working capital and general corporate purposes [1][2]. Group 1: Private Placement Details - The offering was structured as an Unsecured 20$2.25 million from a total offering size of $2.81 million [2]. - The company will utilize the net proceeds for working capital and general corporate purposes, with the Note fully repayable in cash upon maturity [2]. - As part of the offering, the purchasers received a total of 1,526,058 shares of the company's common stock, with a par value of$0.0001 per share [3]. Group 2: Regulatory and Compliance Information - The securities were offered in a private placement exempt from registration requirements under Section 4(a)(2) of the Securities Act of 1933 and Regulation D [4]. - The securities cannot be reoffered or resold in the United States unless under an effective registration statement or applicable exemption [4]. Group 3: Company Overview - Alternus Clean Energy, Inc. is a NASDAQ-listed renewable energy company focused on utility-scale projects, including solar parks, microgrids, and battery storage [6]. - The company aims to deliver comprehensive clean energy solutions across Europe and America, positioning itself to lead the transition to a sustainable energy future [6].