debt
confidence high
sentiment negative
materiality 0.65
Alternus Clean Energy completes $2.25M private placement with 20% OID notes
Alternus Clean Energy, Inc.
- Sold unsecured 20% OID promissory notes, aggregate principal $2.81M; gross proceeds $2.25M.
- Issued 1,526,058 shares of common stock to investors; registration rights for resale.
- Notes mature April 23, 2025, or earlier upon certain capital raises; proceeds for working capital.
- Maxim Group received 8% fee and warrants for 76,303 shares at $0.4059 as placement agent.
- $580k released at close; remaining in escrow pending Nasdaq extension or registration filing.