Alternus Clean Energy issues 14,280 Series F preferred shares in unregistered placement
ALCE•Series F preferred shares issued in private placement
Alternus Clean Energy entered subscription agreements with 15 accredited investors for 14,280 shares of Series F Convertible Preferred Stock.
The Series F issuances carried $14.28 million face value and were issued for debt maturity extensions, advisory or consulting roles, past services and interest waivers.
Each Series F share converts into common stock at a conversion price set at the closing price on the conversion date.
The conversion date is to be determined by the board following conditional listing approval from a national stock exchange.
Total Series F issued reached 15,030 of 15,750 authorized shares, including 750 shares issued on June 30, 2026.
