Dividends & Buybacks ·
Alternus Clean Energy, Inc. effected a 1-for-2,500 reverse stock split of its common stock at 12:01 a.m. Eastern Time…
ALCEDAedis Energy Inc.
Alternus Clean Energy, Inc. effected a 1-for-2,500 reverse stock split of its common stock at 12:01 a.m. Eastern Time on August 20, 2026. This action reduced the number of issued and outstanding shares from approximately 724,658 to approximately 290. The company aims to increase the per-share trading price to meet minimum bid requirements for listing on a national securities exchange and facilitate a $10 million PIPE investment. Stockholders receiving fractional shares were paid cash in lieu thereof. Alternus Clean Energy operates as a renewable energy provider focusing on utility-scale solar parks, microgrids, and battery storage solutions.