---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-086402"
form_type: "8-K"
ticker: "ALCE"
cik: "0001883984"
company_name: "Alternus Clean Energy, Inc."
filed_at: "2024-10-09T23:59:59+00:00"
generated_at: "2026-05-30T17:29:43.808125+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Alternus Clean Energy to effect 1-for-25 reverse stock split on Oct 11, 2024 to meet Nasdaq bid price rule

## Summary
- 1-for-25 reverse stock split effective Oct 11, 2024; reduces outstanding shares from ~87.3M to ~3.5M.
- Split aims to regain compliance with Nasdaq $1.00 minimum bid price rule (Listing Rule 5550(a)(2)).
- Authorized share count unchanged; fractional shares paid in cash based on 5-day pre-split average.
- Stockholders approved reverse split at Sept 26, 2024 annual meeting; Board set ratio at 1:25.
- CEO Vincent Browne says split is required but does not change fundamental value, supports growth strategy.

## SEC filing metadata
- accession: 0001213900-24-086402
- form_type: 8-K
- ticker: ALCE
- cik: 0001883984
- company_name: Alternus Clean Energy, Inc.
- filed_at: 2024-10-09T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 3.03, 8.01, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1883984/000121390024086402/0001213900-24-086402-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1883984/000121390024086402/ea0217120-8k_alternus.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-086402
- JSON: https://secwatch.observer/filing/0001213900-24-086402.json
- Plain text: https://secwatch.observer/filing/0001213900-24-086402.txt

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