Alternus Clean Energy creates Series A Super Voting Preferred Stock granting 51% voting power to single share

Alternus Clean Energy, Inc.

1 share of Series A issued on Feb 18, 2025, with 51% of total voting rights; common and other shares split remaining 49%.
Series A carries no dividend or liquidation preference and is non-convertible with no stated maturity.
Board approved creation on Feb 14; Certificate of Designation filed with Delaware Secretary of State.
Issuance materially alters voting control; single holder can dominate shareholder votes.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Alternus Clean Energy, Inc.: Creation and issuance of Series A Super Voting Preferred Stock via a Certificate of Designation, establishing voting rights, dividend rights, and liquidation preferences (effective 2025-02-18).

Change: charter amendment
Effective: 2025-02-18

Exact text from the filing

On February 18, 2025, the Company filed a certificate of designation (the “Certificate of Designation”) with the Secretary of State of the State of Delaware therein establishing the Series A Super Voting Preferred Stock and describing the rights, obligations and privileges of the Series A Super Voting Preferred Stock.

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Alternus Clean Energy, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-25-015756

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