Bekanntmachung • Apr 02
Alternus Clean Energy, Inc. announced delayed annual 10-K filing On 04/01/2026, Alternus Clean Energy, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Bekanntmachung • Feb 21
Alternus Clean Energy, Inc. Announces Resignation of David Farrell as Chief Commercial Officer, Effective February 13, 2026 Alternus Clean Energy, Inc. announced on February 13, 2026 David Farrell, the Company’s Chief Commercial Officer, resigned, effective February 13, 2026. Mr. Farrell has advised the Company that his decision to step down from the role of Chief Commercial Officer was not based on any disagreement with the Company on any matter relating to its operations, policies or practices. Bekanntmachung • Nov 18
Alternus Clean Energy, Inc. announced delayed 10-Q filing On 11/17/2025, Alternus Clean Energy, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Bekanntmachung • Aug 16
Alternus Clean Energy Inc. announced delayed 10-Q filing On 08/15/2025, Alternus Clean Energy Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Bekanntmachung • Jul 04
Nasdaq to Delist Common Stock Class A of Alternus Clean Energy The Nasdaq Stock Market announced that it will delist the common stock Class A of Alternus Clean Energy Inc. Alternus Clean Energy’s stock was suspended on February 12, 2025 and has not traded on Nasdaq since that time. Bekanntmachung • Feb 01
Alternus Clean Energy Receives Non-Compliance Letter from Nasdaq Regarding Minimum Bid Price Requirement On January 30, 2025, Alternus Clean Energy Inc., a Delaware corporation (the Company") received a letter (the Minimum Bid Price Deficiency Letter") from the Listing Qualifications Department (the Staff") of The Nasdaq Stock Market LLC (Nasdaq"), notifying the Company that it was not in compliance with Nasdaq Listing Rule 5550(a)(2) which requires listed companies to maintain a minimum bid price of $1.00 per share (the Minimum Bid Price Requirement"). Normally, a company would be afforded a 180-calendar day period to demonstrate compliance with the Minimum Bid Price Requirement. However, pursuant to Listing Rule 5810(c)(3)(A)(iv) the Company is not eligible for any compliance period specified in Rule 5810(c)(3)(A) because the Company has effected a reverse stock split over the prior one-year period or has effected one or more reverse stock splits over the prior two-year period with a cumulative ratio of 250 shares or more to one. The Staff directed the Company to provide the Nasdaq Hearings Panel (the Panel") with information on the Company's plan for compliance with the Minimum Bid Price Requirement and advised that the Panel will consider the submission in their decision regarding the Company's continued listing on The Nasdaq Capital Market. The Company intends to present its views with respect to this additional deficiency to the Panel in writing no later than February 6, 2025. Bekanntmachung • Jan 31
Alternus Clean Energy Inc Announces Board Changes On January 28, 2025, John McQuillan, a Class I director of Alternus Clean Energy Inc. notified the Company that they will resign from the Company’s Board of Directors effective immediately. Mr. McQuillan’s decision to resign from the Board is solely for personal reasons and is not the result of any disagreement with the Company’s operations, policies or procedures, or any disagreements in respect of accounting principles or financial statement disclosure. On January 28, 2025, Rolf S. Wikborg was elected to the Board effective immediately. The Board assessed the independence of Mr. Wikborg under the Company’s Corporate Governance Guidelines and the independence standards under Nasdaq rules and has determined that Mr. Wikborg is independent. Along with their appointment, Mr. Wikborg was appointed to serve on the Audit Committee, as well as the Chair of the Compensation Committee, and as a member of the Nominating and Corporate Governance Committee of the Company, effective immediately. Mr. Wikborg will serve as an independent director until the Company’s 2025 annual meeting of stockholders. Mr, Wikborg has significant experience in renewable energy and energies in general. He is currently Chairman of Norhybrid a Norwegian based manufacturer of vertical industrial wind turbines. He is also chair of Carbon Value Technologies and a Director of a Fintech company, FutureXchange. From 2020 to 2024 he has been a partner with Greenlight Group, a fund that holds a variety of investments in solar, wind, battery management systems, black pellets and biogas. He has also been involved in some of the most CO2 reducing maritime projects with dual fuel, batteries and wind assisted ships.Mr. Wikborg also served, from 2007 to 2015, as Director of a NYSE listed transportation company, DHT, where he was also chair of the compensation committee, and was a Director of an Oslo listed dry cargo transportation company, Western Bulk, from 2012 to 2016. Wikborg lived 16 years in the US from 1986 - 2002, establishing and building up AMA Capital Partners LLC, New York based merchant bankers in M&A, restructuring of debt including bonds and managing equity and debt funds within maritime, transportation and energy. Prior to New York, Wikborg was Managing Director of Fearnleys Mexico. He remained with AMA after moving back to Norway and was involved in restructurings and M&A. From 2004 to 2008 he was an advisor to Kuwait Finance House in the shariah based equity investment in maritime and energy and was a Partner with SinoEnergy Capital in Hong Kong, investing in harsh environment jack up rigs. Mr. Wikborg graduated from University of Manchester Institute of Science & Technology with Honors. He also studied marine law and marine insurance law at the Norwegian Shipping Academy. He is an officer of the Royal Norwegian Navy. Bekanntmachung • Jan 24
Alternus Clean Energy Inc announced that it has received $2.25 million in funding Alternus Clean Energy Inc announced that it has issued unsecured 20% original issue discount promissory note for gross proceeds of $2.25 million on January 22, 2025. New Risk • Jan 03
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 19% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (19% average weekly change). Market cap is less than US$10m (US$2.26m market cap). Bekanntmachung • Dec 13
Alternus Clean Energy Inc (NasdaqCM:ALCE) completed the acquisition of Certain assets of LiiON LLC from LiiON, LLC. Alternus Clean Energy Inc (NasdaqCM:ALCE) entered into a binding head of terms to acquire Certain assets of LiiON LLC from LiiON, LLC for $5 million on November 20, 2024. The total consideration will be in the form of debt and equity payouts, whereby Alternus will issue: (i) a $2 million non-convertible loan note, payable over three years to LiiON, (ii) issue 250,000 restricted shares of common stock of the Company at the time of closing of the definitive agreements, reflecting an underlying share price of $12.00 per common stock, and (iii) enter into exclusive consulting agreements/employment agreements with certain key employees of LiiON’s, pursuant to which the Company will pay an aggregate of $30,000 per month to the 3 key employees of the Company, terms of which shall be mutually agreed. The transaction is subject to approval by regulatory board / committee and approval of merger agreement by target board.
Alternus Clean Energy Inc (NasdaqCM:ALCE) completed the acquisition of Certain assets of LiiON LLC from LiiON, LLC on December 11, 2024. On December 11, 2024, Alternus Clean Energy Inc entered into an asset purchase agreement with LiiON LLC and closed the acquisition of certain assets of LiiON, including its customer base, service agreements and intellectual property. Bekanntmachung • Nov 26
Alternus Clean Energy Inc (NasdaqCM:ALCE) entered into a binding head of terms to acquire Certain assets of LiiON LLC from LiiON, LLC for $5 million on November 20, 2024. Alternus Clean Energy Inc (NasdaqCM:ALCE) entered into a binding head of terms to acquire Certain assets of LiiON LLC from LiiON, LLC for $5 million on November 20, 2024. The total consideration will be in the form of debt and equity payouts, whereby Alternus will issue: (i) a $2 million non-convertible loan note, payable over three years to LiiON, (ii) issue 250,000 restricted shares of common stock of the Company at the time of closing of the definitive agreements, reflecting an underlying share price of $12.00 per common stock, and (iii) enter into exclusive consulting agreements/employment agreements with certain key employees of LiiON’s, pursuant to which the Company will pay an aggregate of $30,000 per month to the 3 key employees of the Company, terms of which shall be mutually agreed. The transaction is subject to approval by regulatory board / committee and approval of merger agreement by target board. New Risk • Oct 10
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: US$7.75m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Market cap is less than US$10m (US$7.75m market cap). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change). Board Change • Oct 04
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Nick Parker was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Bekanntmachung • Sep 23
Alternus Clean Energy Receives Nasdaq Delisting Notice; Intends to Appeal and Regain Compliance Within Timeframes Allowed Alternus Clean Energy Inc. (‘Alternus’, ‘The Company’) received a Delisting Notice from the Listing Qualifications Department of the Nasdaq Stock Market (‘Nasdaq’) informing the Company that Nasdaq has determined the Company had not regained compliance with the minimum closing bid price requirement for continued listing on The Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2). In response, Alternus plans to appeal the decision under Nasdaq rules and intends to file such appeal within the 7-day period allowed. This process should allow the Company sufficient time to complete the necessary steps to ensure continued listing on Nasdaq, which includes, subject to stockholder approval, implementing a reverse stock split of the Company's common stock at a ratio of between 1-for-10 and 1-for-50, as to be determined by the Board of Directors. This plan is included in a Definitive Proxy Statement that was filed with the Securities and Exchange Commission on September 6, 2024 in advance of Alternus' Annual Meeting of Stockholders on September 26, 2024. Alternus Energy Group, PLC, the Company's majority shareholder, has already informed the Company that it will vote for the reverse split. A reverse split does not impact the value of a company, only the number of shares outstanding. Vincent Browne Chief Executive Officer of Alternus stated: ‘Implementing a reverse split is a necessary step to regain compliance with Nasdaq, but it's important to understand that such action does not change the fundamental value of our company or its day-to-day operations. We will continue our ongoing activities to de-lever and improve the balance sheet and also to execute on some of the exciting growth initiatives such as our new joint venture in microgrid solutions. This new segment of the company opens exciting near term growth opportunities beyond our traditional utility-scale business. These projects provide a shorter time to revenue, and subsequent inbound cashflows for the business. With global power demands rapidly increasing, Alternus is well-positioned to meet these needs through both large-scale solar and storage projects plus innovative on-site solutions adding wind and power management. We are confident that our current activities and increasing access to capital will provide a strong foundation for long-term shareholder value. Our next step is to seek the approval of our shareholders for the reverse split, whose support is crucial. We are committed to transparent communication at all times’. Bekanntmachung • Aug 27
Alternus Clean Energy Inc, Annual General Meeting, Sep 26, 2024 Alternus Clean Energy Inc, Annual General Meeting, Sep 26, 2024. Bekanntmachung • May 09
Alternus Clean Energy Receives Notice from Nasdaq Regarding Non-Compliance with the Minimum Market Value of Listed Securities Requirement Pursuant to Nasdaq Listing Rule 5550(b)(2) On May 6, 2024, Alternus Clean Energy Inc. (the ‘Company’) received a letter from the listing qualifications department staff of The Nasdaq Stock Market (‘Nasdaq’) notifying the Company that for the last 30 consecutive business days, the Company’s minimum Market Value of Listed Securities (‘MVLS’) was below the minimum of $35 million required for continued listing on the Nasdaq Capital Market pursuant to Nasdaq listing rule 5550(b)(2). The notice has no immediate effect on the listing of the Company’s common stock, and the Company’s common stock continues to trade on the Nasdaq Capital Market under the symbol ‘ALCE.’ In accordance with Nasdaq listing rule 5810(c)(3)(C), the Company has 180 calendar days, or until November 4, 2024, to regain compliance. The notice states that to regain compliance, the Company’s MVLS must close at $35 million or more for a minimum of ten consecutive business days (or such longer period of time as the Nasdaq staff may require in some circumstances, but generally not more than 20 consecutive business days) during the compliance period ending November 4, 2024. The Company believes that it can also regain compliance by meeting the continued listing standard of a minimum stockholders’ equity of at least $2.5 million. If the Company does not regain compliance by November 4, 2024, Nasdaq staff will provide written notice to the Company that its securities are subject to delisting. At that time, the Company may appeal any such delisting determination to a Hearings Panel. The Company intends to actively monitor the Company’s MVLS between now and November 4, 2024 and may, if appropriate, evaluate available options to resolve the deficiency and regain compliance with the MVLS rule. While the Company is exercising diligent efforts to maintain the listing of its common stock on Nasdaq, there can be no assurance that the Company will be able to regain or maintain compliance with Nasdaq listing standards. Bekanntmachung • Mar 21
Alternus Clean Energy Receives Letter from the Nasdaq Stock Market Regarding Minimum Bid Price Requirement On March 20, 2024, Alternus Clean Energy Inc. received a letter (the “Notice”) from The Nasdaq Stock Market notifying the Company that, because the closing bid price for its common stock has been below $1.00 per share for 30 consecutive business days, it no longer complies with the minimum bid price requirement for continued listing on The Nasdaq Capital Market. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share (the “Minimum Bid Price Requirement”), and Listing Rule 5810(c)(3)(A) provides that a failure to meet the Minimum Bid Price Requirement exists if the deficiency continues for a period of 30 consecutive business days. The Notice has no immediate effect on the listing of the Company’s common stock on The Nasdaq Capital Market. Pursuant to Nasdaq Marketplace Rule 5810(c)(3)(A), the Company has been provided an initial compliance period of 180 calendar days, or until September 16, 2024 to regain compliance with the Minimum Bid Price Requirement. During the compliance period, the Company’s shares of common stock will continue to be listed and traded on The Nasdaq Capital Market. To regain compliance, the closing bid price of the Company’s common stock must meet or exceed $1.00 per share for a minimum of 10 consecutive business days during the 180 calendar day grace period. In the event the Company is not in compliance with the Minimum Bid Price Requirement by September 16, 2024 the Company may be afforded a second 180 calendar day grace period. To qualify, the Company would be required to meet the continued listing requirements for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the Minimum Bid Price Requirement. In addition, the Company would be required to provide written notice of its intention to cure the minimum bid price deficiency during this second 180-day compliance period by effecting a reverse stock split, if necessary. The Company intends to actively monitor the bid price for its common stock between now and September 16, 2024 and will consider available options to regain compliance with the Minimum Bid Price Requirement. Bekanntmachung • Feb 23
Stichting Theia acquired 13.6 MW Solar Farm Project in Rotterdam Airport from Alternus Clean Energy Inc (NasdaqGM:ALCE). Stichting Theia executed a definitive agreement to acquire 13.6 MW Solar Farm Project in Rotterdam Airport from Alternus Clean Energy Inc (NasdaqGM:ALCE) for €2.8 million on December 28, 2023. The purchase price will be used to pay down debt. The is subject to various closing conditions. Completion will occur once all conditions precedent have been met and is anticipated to occur during Q1 2024. Ernst & Young Global Limited acted as financial advisor to Alternus Energy Group.
Stichting Theia completed the acquisition of 13.6 MW Solar Farm Project in Rotterdam Airport from Alternus Clean Energy Inc (NasdaqGM:ALCE) on February 22, 2024.