---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-007377"
form_type: "8-K"
ticker: null
cik: "0001883984"
company_name: "Alternus Clean Energy, Inc."
filed_at: "2026-03-09T23:59:59+00:00"
generated_at: "2026-05-15T18:11:54.756296+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Alternus Clean Energy raises $1M via 20% OID notes; issues 5,775 Series C shares at $0.10 conversion

## Summary
- Issued $1.25M principal secured notes with 20% OID; net proceeds $1M in tranches tied to Nasdaq listing and 2025 audit.
- Issued 5,775 shares of Series C Convertible Preferred Stock (value $1,000/share) convertible at $0.10 after one year.
- Settled $2.75M in promissory notes with 2,750 Series C shares and $1.2M payable with 400 Series C shares.
- Series C anti-dilution: conversion price reduces to lowest per-share price in any dilutive issuance through Dec 2028.
- Series C holders capped at 19.99% beneficial ownership; monthly resale limited to prior month's average daily volume.

## SEC filing metadata
- accession: 0001437749-26-007377
- form_type: 8-K
- cik: 0001883984
- company_name: Alternus Clean Energy, Inc.
- filed_at: 2026-03-09T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1883984/000143774926007377/0001437749-26-007377-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1883984/000143774926007377/alce20260304_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-007377
- JSON: https://secwatch.observer/filing/0001437749-26-007377.json
- Plain text: https://secwatch.observer/filing/0001437749-26-007377.txt

## Source-grounded claims
- claim_id: b2f16e4462fc5f3316c615365753c834e1959c22
  claim: Alternus Clean Energy, Inc. incurred senior notes of $1,250,000 with certain investors (the "Purchasers") at 20% original issue discount. No interest shall accrue on the Notes. maturing upon the earlier of i) six months from the Issue Date, or ii) the date on which proceeds from a capital raise equals or exceeds $5,000,000.
  evidence_excerpt: Alt Alliance LLC (“AltA”), sold in a private placement (the “Offering”), unsecured 20% original issue discount secured promissory notes with an aggregate principal amount of $1,250,000 (the “Notes”). The Subscription Agreements also provide for the issuance of an aggregate of 2,625 shares of the Company’s Series C Convertible Preferred Stock, convertible into
  evidence_url: https://www.sec.gov/Archives/edgar/data/1883984/000143774926007377/0001437749-26-007377-index.htm
- claim_id: 39cb2190945eea177003cbb206d1663ec33739dd
  claim: Alternus Clean Energy, Inc.: Established Series C Convertible Preferred Stock through filing of Certificate of Designation with Delaware Secretary of State (effective 2026-03-03).
  evidence_excerpt: On March 3, 2026, the board of directors (the “Board”) of the Company declared the formation of an aggregate of up to 12,000 shares of Series C Convertible Preferred Stock, par value $0.0001 per share (“Series C”). The Company has filed a certificate of designation (the “Certificate of Designation”) with the Secretary of State of the State of Delaware therein establishing the Series C Convertible Preferred Stock and describing the rights, obligations and privileges of the Series C.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1883984/000143774926007377/0001437749-26-007377-index.htm
- claim_id: 292c3fd467c59b9af4260450407c08c1a3d50a1e
  claim: Alternus Clean Energy, Inc. entered into Subscription Agreements with certain investors (the "Purchasers") valued at aggregate gross proceeds to the Company were $1,000,000 (effective 2026-03-03).
  evidence_excerpt: On March 3, 2026, Alternus Clean Energy, Inc., a Delaware corporation (the “Company”) entered into subscription agreements (the “Subscription Agreements”) with certain investors (the “Purchasers”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1883984/000143774926007377/0001437749-26-007377-index.htm
- claim_id: 9032aa577bc2923aefb5cd5e878d587305d8486e
  claim: Alternus Clean Energy, Inc. entered into unsecured 20% original issue discount secured promissory notes with certain investors (the "Purchasers") valued at aggregate principal amount of $1,250,000 (effective 2026-03-03).
  evidence_excerpt: sold in a private placement (the “Offering”), unsecured 20% original issue discount secured promissory notes with an aggregate principal amount of $1,250,000 (the “Notes”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1883984/000143774926007377/0001437749-26-007377-index.htm

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