Alterna Core Capital Assets Fund II Amends Midwest Energy Stake

TL;DR

Alterna Core Capital Assets Fund II filed an amendment to their 13D for Midwest Energy Emissions Corp. on 3/13/24.

AI Summary

Alterna Core Capital Assets Fund II, L.P. has amended its Schedule 13D filing regarding Midwest Energy Emissions Corp. as of March 13, 2024. The filing indicates a change in beneficial ownership, though specific new holdings or dollar amounts are not detailed in this excerpt. This amendment continues the ongoing reporting by Alterna Core Capital Assets Fund II, L.P. concerning their stake in Midwest Energy Emissions Corp.

Why It Matters

This filing signals a potential shift in major shareholder activity for Midwest Energy Emissions Corp., which could influence the company's stock performance and strategic direction.

Risk Assessment

Risk Level: medium — Amendments to Schedule 13D filings often indicate significant changes in a major shareholder's position, which can lead to increased volatility.

Key Players & Entities

• Midwest Energy Emissions Corp. (company) — Subject Company
• Alterna Core Capital Assets Fund II, L.P. (company) — Filing Party
• 20240313 (date) — Filing Date

FAQ

Key Financial Figures

• $0.001 — orp. (Name of Issuer) Common Stock, $0.001 par value (Title of Class of Securiti
• $10 million — ertible note in the principal amount of $10 million (the “ Original Convertible Note
• $3 million — ;), pursuant to which the Issuer made a $3 million payment toward the principal balance of
• $0.50 — iginal Convertible Note was adjusted to $0.50 per share of Common Stock, and (ii) an
• $600,000 — ertible note in the principal amount of $600,000 with a conversion price of $0.50 per sh
• $0.35 — of Common Stock at an exercise price of $0.35 per share of Common Stock (the “
• $9,646,686.08 — r with all accrued interest thereon was $9,646,686.08. On January 28, 2016, the above-refer
• $13,000,000 — dinated note in the principal amount of $13,000,000, and (ii) exercise the Warrants on a ca
• $5,000,000 — the Secured Note in an amount equal to $5,000,000 from the net cash proceeds of the Quali
• $1.20 — 68 shares of Common Stock at a price of $1.20 per share for gross proceeds of $13,457
• $13,457,961.60 — f $1.20 per share for gross proceeds of $13,457,961.60 (the “ Offering ”). AC Midw
• $2,040,000.00 — ring for an aggregate purchase price of $2,040,000.00 (the “ AC Midwest Purchase Price

Filing Documents

• formsc13da.htm (SC 13D/A) — 189KB
• 0001493152-24-009861.txt ( ) — 191KB

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: March 13, 2024 Alterna Capital Partners LLC By: /s/ Earle Goldin Earle Goldin Attorney-in-Fact Alterna General PArtner II LLC By: /s/ Earle Goldin Earle Goldin Attorney-in-Fact Alterna Core Capital Assets Fund II, L.p. By: Alterna General Partner II, LLC Its: General Partner By: /s/ Earle Goldin Earle Goldin Attorney-in-Fact AC Midwest Energy LLC By: /s/ Earle Goldin Earle Goldin Attorney-in-Fact ERIC M. PRESS By: /s/ Earle Goldin Earle Goldin Attorney-in-Fact ROGER P. MILLER By: /s/ Earle Goldin Earle Goldin Attorney-in-Fact EARLE GOLDIN By: /s/ Earle Goldin Earle Goldin Attorney-in-Fact 12

View Full Filing

View this SC 13D/A filing on SEC EDGAR