Alternus Clean Energy, Inc. (ALCE): Nasdaq/NYSE listing notice — Alternus Clean Energy receives Nasdaq delisting notice; trading suspended Feb 12, 2025

Alternus Clean Energy, Inc.

Nasdaq panel determined to delist ALCE for non-compliance with market value of listed securities (MVLS) rule.
Trading in common stock will be suspended at the opening on February 12, 2025.
Company also violated bid price requirement (Listing Rule 5550(a)(2)), considered by panel.
Company has 15 days to request a review by the Listing Council, which would stay the Form 25-NSE filing.
Stock may become eligible for OTC trading, but no assurance of admission to any OTC market.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Alternus Clean Energy, Inc. received a nasdaq delisting notice notice regarding market value (rules 5550(b)(2), 5550(a)(2)).

Exchange: nasdaq
Notice: delisting notice
Deficiency: market value
Rules: 5550(b)(2), 5550(a)(2)

Exact text from the filing

February 10, 2025, the Company received a determination letter (the “Delisting Notification”) from the Nasdaq Hearings Advisor stating that the Panel has determined to delist the Company’s common stock, par value $0.0001

View on SEC.gov

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Alternus Clean Energy, Inc. received a nasdaq delisting notice notice regarding market value (rules 5550(b)(2), 5550(a)(2)).

Exchange: nasdaq
Notice: delisting notice
Deficiency: market value
Rules: 5550(b)(2), 5550(a)(2)

Exact text from the filing

February 10, 2025, the Company received a determination letter (the “Delisting Notification”) from the Nasdaq Hearings Advisor stating that the Panel has determined to delist the Company’s common stock, par value $0.0001 per share (the “Common Stock”) from the Nasdaq Capital Market, and Nasdaq will accordingly suspend trading in the Company’s Common Stock, effective at the opening of trading on February 12, 2025, because the Company has not demonstrated compliance with the MVLS Rule, nor does it meet any of the alternative requirements under Nasdaq Listing Rule 5550(b) and has failed to demons

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Alternus Clean Energy, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-25-012325

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