Alternus Clean Energy (ALCE) Announces Pricing of $2.25 Million Private Placement
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Alternus Clean Energy Announces Pricing of $2.25 Million Private Placement
January 22, 2025 8:33 AM ESTNew York, New York--(Newsfile Corp. - January 22, 2025) - Alternus Clean Energy, Inc. (NASDAQ: ALCE) ("ALCE", "Alternus" or the "Company") a renewable energy company, today announced the pricing of an approximately $2.25 million private placement round pursuant to the terms of a securities purchase agreement, dated January 21, 2025, with several institutional investors (the "Purchasers"). The closing of the current private placement round is expected to occur on or about January 23, 2025, subject to the satisfaction of customary closing conditions.
The offering is in the form of an Unsecured 20% Original Issue Discount Promissory Note (the "Note"), resulting in... More
