---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-084847"
form_type: "8-K"
ticker: "ALCE"
cik: "0001883984"
company_name: "Alternus Clean Energy, Inc."
filed_at: "2024-10-03T23:59:59+00:00"
generated_at: "2026-05-30T21:43:38.807046+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Alternus issues up to $2.5M senior convertible notes; initial $700K to repay prior defaults

## Summary
- Issued initial $795,455 face value convertible note with 10% OID, netting $700K gross proceeds.
- Notes bear 7% interest (18% on default), mature Oct 1, 2025; convertible at $0.08/share (floor $0.03).
- Warrants to purchase up to 5,319,602 shares at $0.08, exercisable for 5.5 years.
- Proceeds used to repay late fees/default interest on $2.16M prior note and for working capital.
- Forbearance agreement waives existing defaults on prior note; parent (67% owner) to vote for shareholder approval if needed.

## SEC filing metadata
- accession: 0001213900-24-084847
- form_type: 8-K
- ticker: ALCE
- cik: 0001883984
- company_name: Alternus Clean Energy, Inc.
- filed_at: 2024-10-03T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1883984/000121390024084847/0001213900-24-084847-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1883984/000121390024084847/ea0216621-8k_alternus.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-084847
- JSON: https://secwatch.observer/filing/0001213900-24-084847.json
- Plain text: https://secwatch.observer/filing/0001213900-24-084847.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.