Sichenzia Ross Ference Carmel LLP Represents Alternus Clean Energy, Inc. in a $2.16 Million Private Placement

New York, NY – April 24, 2024 – Sichenzia Ross Ference Carmel LLP announced that it has represented Alternus Clean Energy, Inc. (NASDAQ: ALCE) (“Alternus” or the “Company”), a transatlantic clean energy independent power producer, in the closing of a $2.16 million private placement of convertible notes and warrants. 

The investment is in the form of a Senior Unsecured Original Issue 8% Discount Convertible Note, resulting in proceeds before expenses to Alternus of $2.0 million.

Maxim Group LLC acted as the exclusive placement agent for the private placement.

The SRFC team was led by partners Ross Carmel, Jeff Wofford and associate Mohit Agrawal.