other_material
confidence high
sentiment neutral
materiality 0.65
Alternus Clean Energy effects 1-for-200 reverse stock split, effective Sept 5, 2025
Alternus Clean Energy, Inc.
- Reverse stock split effective 12:01 a.m. ET on Sept 5, 2025; common stock begins trading on split-adjusted basis at market open.
- Shares outstanding reduced from ~138M to ~690k (no change in authorized shares); fractional shares cashed out.
- CUSIP changed to 02157G 309; trading symbol ALCE unchanged on OTCQB.
- CEO Vincent Browne states split aims to broaden institutional investor appeal and strengthen capital markets profile.
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