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<?xml version="1.0" encoding="windows-1252"?> |
<ownershipDocument> |
| <schemaVersion> X0206 </schemaVersion> |
| <documentType> 3 </documentType> |
| <periodOfReport> 2023-10-30 </periodOfReport> |
| <noSecuritiesOwned> 0 </noSecuritiesOwned> |
| <issuer> |
| | <issuerCik> 0001616736 </issuerCik> |
| | <issuerName> Alpha Investment Inc. </issuerName> |
| | <issuerTradingSymbol> ALPC </issuerTradingSymbol> |
| | </issuer> |
| <reportingOwner> |
| | <reportingOwnerId> |
| | | <rptOwnerCik> 0000029504 </rptOwnerCik> |
| | | <rptOwnerName> OMEGA COMMERCIAL FINANCE CORP </rptOwnerName> |
| | | </reportingOwnerId> |
| | <reportingOwnerAddress> |
| | | <rptOwnerStreet1> 8819 WINSTON FARM LANE </rptOwnerStreet1> |
| | | <rptOwnerStreet2></rptOwnerStreet2> |
| | | <rptOwnerCity> DAYTON </rptOwnerCity> |
| | | <rptOwnerState> OH </rptOwnerState> |
| | | <rptOwnerZipCode> 45458 </rptOwnerZipCode> |
| | | <rptOwnerStateDescription></rptOwnerStateDescription> |
| | | </reportingOwnerAddress> |
| | <reportingOwnerRelationship> |
| | | <isDirector> 0 </isDirector> |
| | | <isOfficer> 0 </isOfficer> |
| | | <isTenPercentOwner> 1 </isTenPercentOwner> |
| | | <isOther> 0 </isOther> |
| | | <officerTitle></officerTitle> |
| | | <otherText></otherText> |
| | | </reportingOwnerRelationship> |
| | </reportingOwner> |
| <nonDerivativeTable> |
| | <nonDerivativeHolding> |
| | | <securityTitle> |
| <value> Common Stock, $0.0001 par value </value> |
| </securityTitle> |
| | | <postTransactionAmounts> |
| <sharesOwnedFollowingTransaction> |
| <value> 1278139 </value> |
| </sharesOwnedFollowingTransaction> |
| </postTransactionAmounts> |
| | | <ownershipNature> |
| <directOrIndirectOwnership> |
| <value> D </value> |
| </directOrIndirectOwnership> |
| </ownershipNature> |
| | | </nonDerivativeHolding> |
| | </nonDerivativeTable> |
| <derivativeTable> |
| | <derivativeHolding> |
| | | <securityTitle> |
| <value> Series AA Convertible Preferred Stock, $0.0001 par value </value> |
| </securityTitle> |
| | | <conversionOrExercisePrice> |
| <footnoteId id="F1"/> |
| </conversionOrExercisePrice> |
| | | <exerciseDate> |
| <footnoteId id="F1"/> |
| </exerciseDate> |
| | | <expirationDate> |
| <footnoteId id="F1"/> |
| </expirationDate> |
| | | <underlyingSecurity> |
| <underlyingSecurityTitle> |
| <value> Common Stock </value> |
| </underlyingSecurityTitle> |
| <underlyingSecurityShares> |
| <value> 729800 </value> |
| </underlyingSecurityShares> |
| </underlyingSecurity> |
| | | <ownershipNature> |
| <directOrIndirectOwnership> |
| <value> D </value> |
| </directOrIndirectOwnership> |
| </ownershipNature> |
| | | </derivativeHolding> |
| | </derivativeTable> |
| <footnotes> |
| | <footnote id="F1"> Each share of Series AA Convertible Preferred Stock is convertible into ten (10) shares of common stock, subject to adjustment for stock splits, stock dividends and similar transactions. </footnote> |
| | </footnotes> |
| <ownerSignature> |
| | <signatureName> /s/ Jon S. Cummings IV </signatureName> |
| | <signatureDate> 2023-11-06 </signatureDate> |
| | </ownerSignature> |
| </ownershipDocument> |