Alternus Clean Energy effects 1-for-2,500 reverse stock split; shares drop to ~290

Alternus Clean Energy, Inc.

Reverse split effective Aug 20, 2026; every 2,500 shares become 1; outstanding shares fall from ~724,658 to ~290.
Trades under 'ALCED' for 20 days, then symbol changes to 'ADIS'; new CUSIP 02157G 408.
Goal: meet minimum bid price for national exchange listing and complete committed $10M PIPE investment.
CEO Vincent Browne cites EverOn Energy JV progress; expects first UK clients shortly.

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