Alternus Clean Energy Executes 1-for-2,500 Reverse Split to Regain Exchange Listing
ACLEW has more than doubled off its 52-week low of $0.
Summary
Alternus Clean Energy completed a 1-for-2,500 reverse stock split, cutting shares outstanding to about 290 to boost the share price and pursue a national exchange listing and a $10M PIPE.
Key Events · Corporate Governance and Compliance · ACLEW
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Reverse Split Executed
1-for-2,500 reverse stock split effective August 20, 2026, reducing outstanding shares from ~724,658 to ~290.
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Listing Compliance Goal
Split aims to raise per-share price to meet minimum bid requirements for a national securities exchange listing.
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PIPE Investment Contingent
CEO states the split will allow completion of a committed $10 million PIPE investment.
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Trading Symbol Changes
Stock trades under temporary symbol ALCED for 20 days, then changes to ADIS; new CUSIP 02157G 408.
Analysis · ACLEW · Energy & Transportation
The reverse split reduces outstanding shares from roughly 724,658 to about 290, a move aimed at lifting the per-share price to meet national exchange listing requirements. The company's stock trades on OTC Pink at $0.0013, and the split is a prerequisite for a committed $10 million PIPE investment. This is a survival maneuver following going-concern warnings and material internal control weaknesses disclosed in the recent 10-Q.
At the time of this filing, ACLEW was trading at $0.00 on OTC in the Energy & Transportation sector, with a market capitalization of approximately $43.5K. The 52-week trading range was $0.00 to $0.05. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.