georgie18
3 days ago
ALCE...75...Hit $1.19 in the A/H...🥳Accumulating dips...
georgie18
Member Level
Re: georgie18 post# 53
Wednesday, January 08, 2025 1:48:54 PM
Post#
56
of 60
ALCE....65...Loading here...🥳Been accumulating from .65/to $1.16...
georgie18
Member Level
Re: georgie18 post# 387840
Thursday, January 02, 2025 11:01:07 AM
Post#
387873
of 388290
ALCE...91...🥳...Loading the dip...
georgie18
Member Level
Re: georgie18 post# 50
Thursday, January 02, 2025 9:21:33 AM
Post#
52
of 52
ALCE...$1.31...🥳...Been Accumulating in the .80 to $1.16 range...
georgie18
Member Level
Re: georgie18 post# 386938
Wednesday, December 18, 2024 1:56:02 PM
Post#
387179
of 387838
ALCE...81...Added on the .76 Dip...🥳
georgie18
Member Level
Re: georgie18 post# 46
Friday, December 13, 2024 11:43:02 AM
Post#
49
of 49
ALCE...added here on the .80 range dip...🥳...Accumulating this tine floater...
georgie18
Member Level
Re: georgie18 post# 386790
Tuesday, December 10, 2024 2:02:55 PM
Post#
386804
of 386937
ALCE...$1.16...🥳...Psar flipped Bullish...
georgie18
Member Level
Re: georgie18 post# 44
Tuesday, December 10, 2024 11:53:04 AM
Post#
45
of 45
ALCE...$1.10...added here...🥳
georgie18
Member Level
Re: georgie18 post# 386216
Friday, December 06, 2024 1:20:50 PM
Post#
386648
of 386789
ALCE...$1...Scaled in today with a starter...🥳Been watching for a week or so...Will add up or down...
georgie18
Member Level
Re: None
Thursday, November 28, 2024 11:51:06 AM
Post#
43
of 43
ALCE...$1.24...🥳... https://schrts.co/FNucUsut ...500K Float Post Split...86% Insider Owned...No position...Will watch for Entry on this Energy Play...
https://www.newsfilecorp.com/release/231276/Alternus-Clean-Energy-Announces-Binding-Terms-for-Acquisition-of-Leading-Storage-and-Solution-Provider-LiiON-LLC
georgie18
3 days ago
ALCE....65...Loading here...🥳Been accumulating from .65/to $1.16...
georgie18
Member Level
Re: georgie18 post# 387840
Thursday, January 02, 2025 11:01:07 AM
Post#
387873
of 388290
ALCE...91...🥳...Loading the dip...
georgie18
Member Level
Re: georgie18 post# 50
Thursday, January 02, 2025 9:21:33 AM
Post#
52
of 52
ALCE...$1.31...🥳...Been Accumulating in the .80 to $1.16 range...
georgie18
Member Level
Re: georgie18 post# 386938
Wednesday, December 18, 2024 1:56:02 PM
Post#
387179
of 387838
ALCE...81...Added on the .76 Dip...🥳
georgie18
Member Level
Re: georgie18 post# 46
Friday, December 13, 2024 11:43:02 AM
Post#
49
of 49
ALCE...added here on the .80 range dip...🥳...Accumulating this tine floater...
georgie18
Member Level
Re: georgie18 post# 386790
Tuesday, December 10, 2024 2:02:55 PM
Post#
386804
of 386937
ALCE...$1.16...🥳...Psar flipped Bullish...
georgie18
Member Level
Re: georgie18 post# 44
Tuesday, December 10, 2024 11:53:04 AM
Post#
45
of 45
ALCE...$1.10...added here...🥳
georgie18
Member Level
Re: georgie18 post# 386216
Friday, December 06, 2024 1:20:50 PM
Post#
386648
of 386789
ALCE...$1...Scaled in today with a starter...🥳Been watching for a week or so...Will add up or down...
georgie18
Member Level
Re: None
Thursday, November 28, 2024 11:51:06 AM
Post#
43
of 43
ALCE...$1.24...🥳... https://schrts.co/FNucUsut ...500K Float Post Split...86% Insider Owned...No position...Will watch for Entry on this Energy Play...
https://www.newsfilecorp.com/release/231276/Alternus-Clean-Energy-Announces-Binding-Terms-for-Acquisition-of-Leading-Storage-and-Solution-Provider-LiiON-LLC
georgie18
1 week ago
ALCE...91...🥳...Loading the dip...
georgie18
Member Level
Re: georgie18 post# 50
Thursday, January 02, 2025 9:21:33 AM
Post#
52
of 52
ALCE...$1.31...🥳...Been Accumulating in the .80 to $1.16 range...
georgie18
Member Level
Re: georgie18 post# 386938
Wednesday, December 18, 2024 1:56:02 PM
Post#
387179
of 387838
ALCE...81...Added on the .76 Dip...🥳
georgie18
Member Level
Re: georgie18 post# 46
Friday, December 13, 2024 11:43:02 AM
Post#
49
of 49
ALCE...added here on the .80 range dip...🥳...Accumulating this tine floater...
georgie18
Member Level
Re: georgie18 post# 386790
Tuesday, December 10, 2024 2:02:55 PM
Post#
386804
of 386937
ALCE...$1.16...🥳...Psar flipped Bullish...
georgie18
Member Level
Re: georgie18 post# 44
Tuesday, December 10, 2024 11:53:04 AM
Post#
45
of 45
ALCE...$1.10...added here...🥳
georgie18
Member Level
Re: georgie18 post# 386216
Friday, December 06, 2024 1:20:50 PM
Post#
386648
of 386789
ALCE...$1...Scaled in today with a starter...🥳Been watching for a week or so...Will add up or down...
georgie18
Member Level
Re: None
Thursday, November 28, 2024 11:51:06 AM
Post#
43
of 43
ALCE...$1.24...🥳... https://schrts.co/FNucUsut ...500K Float Post Split...86% Insider Owned...No position...Will watch for Entry on this Energy Play...
https://www.newsfilecorp.com/release/231276/Alternus-Clean-Energy-Announces-Binding-Terms-for-Acquisition-of-Leading-Storage-and-Solution-Provider-LiiON-LLC
georgie18
1 week ago
ALCE...$1.31...🥳...Been Accumulating in the .80 to $1.16 range...
georgie18
Member Level
Re: georgie18 post# 386938
Wednesday, December 18, 2024 1:56:02 PM
Post#
387179
of 387838
ALCE...81...Added on the .76 Dip...🥳
georgie18
Member Level
Re: georgie18 post# 46
Friday, December 13, 2024 11:43:02 AM
Post#
49
of 49
ALCE...added here on the .80 range dip...🥳...Accumulating this tine floater...
georgie18
Member Level
Re: georgie18 post# 386790
Tuesday, December 10, 2024 2:02:55 PM
Post#
386804
of 386937
ALCE...$1.16...🥳...Psar flipped Bullish...
georgie18
Member Level
Re: georgie18 post# 44
Tuesday, December 10, 2024 11:53:04 AM
Post#
45
of 45
ALCE...$1.10...added here...🥳
georgie18
Member Level
Re: georgie18 post# 386216
Friday, December 06, 2024 1:20:50 PM
Post#
386648
of 386789
ALCE...$1...Scaled in today with a starter...🥳Been watching for a week or so...Will add up or down...
georgie18
Member Level
Re: None
Thursday, November 28, 2024 11:51:06 AM
Post#
43
of 43
ALCE...$1.24...🥳... https://schrts.co/FNucUsut ...500K Float Post Split...86% Insider Owned...No position...Will watch for Entry on this Energy Play...
https://www.newsfilecorp.com/release/231276/Alternus-Clean-Energy-Announces-Binding-Terms-for-Acquisition-of-Leading-Storage-and-Solution-Provider-LiiON-LLC
georgie18
3 weeks ago
ALCE...81...Added on the .76 Dip...🥳
georgie18
Member Level
Re: georgie18 post# 46
Friday, December 13, 2024 11:43:02 AM
Post#
49
of 49
ALCE...added here on the .80 range dip...🥳...Accumulating this tine floater...
georgie18
Member Level
Re: georgie18 post# 386790
Tuesday, December 10, 2024 2:02:55 PM
Post#
386804
of 386937
ALCE...$1.16...🥳...Psar flipped Bullish...
georgie18
Member Level
Re: georgie18 post# 44
Tuesday, December 10, 2024 11:53:04 AM
Post#
45
of 45
ALCE...$1.10...added here...🥳
georgie18
Member Level
Re: georgie18 post# 386216
Friday, December 06, 2024 1:20:50 PM
Post#
386648
of 386789
ALCE...$1...Scaled in today with a starter...🥳Been watching for a week or so...Will add up or down...
georgie18
Member Level
Re: None
Thursday, November 28, 2024 11:51:06 AM
Post#
43
of 43
ALCE...$1.24...🥳... https://schrts.co/FNucUsut ...500K Float Post Split...86% Insider Owned...No position...Will watch for Entry on this Energy Play...
https://www.newsfilecorp.com/release/231276/Alternus-Clean-Energy-Announces-Binding-Terms-for-Acquisition-of-Leading-Storage-and-Solution-Provider-LiiON-LLC
georgie18
4 weeks ago
ALCE...added here on the .80 range dip...🥳...Accumulating this tine floater...
georgie18
Member Level
Re: georgie18 post# 386790
Tuesday, December 10, 2024 2:02:55 PM
Post#
386804
of 386937
ALCE...$1.16...🥳...Psar flipped Bullish...
georgie18
Member Level
Re: georgie18 post# 44
Tuesday, December 10, 2024 11:53:04 AM
Post#
45
of 45
ALCE...$1.10...added here...🥳
georgie18
Member Level
Re: georgie18 post# 386216
Friday, December 06, 2024 1:20:50 PM
Post#
386648
of 386789
ALCE...$1...Scaled in today with a starter...🥳Been watching for a week or so...Will add up or down...
georgie18
Member Level
Re: None
Thursday, November 28, 2024 11:51:06 AM
Post#
43
of 43
ALCE...$1.24...🥳... https://schrts.co/FNucUsut ...500K Float Post Split...86% Insider Owned...No position...Will watch for Entry on this Energy Play...
https://www.newsfilecorp.com/release/231276/Alternus-Clean-Energy-Announces-Binding-Terms-for-Acquisition-of-Leading-Storage-and-Solution-Provider-LiiON-LLC
georgie18
1 month ago
ALCE...$1.16...🥳...Psar flipped Bullish...
georgie18
Member Level
Re: georgie18 post# 44
Tuesday, December 10, 2024 11:53:04 AM
Post#
45
of 45
ALCE...$1.10...added here...🥳
georgie18
Member Level
Re: georgie18 post# 386216
Friday, December 06, 2024 1:20:50 PM
Post#
386648
of 386789
ALCE...$1...Scaled in today with a starter...🥳Been watching for a week or so...Will add up or down...
georgie18
Member Level
Re: None
Thursday, November 28, 2024 11:51:06 AM
Post#
43
of 43
ALCE...$1.24...🥳... https://schrts.co/FNucUsut ...500K Float Post Split...86% Insider Owned...No position...Will watch for Entry on this Energy Play...
https://www.newsfilecorp.com/release/231276/Alternus-Clean-Energy-Announces-Binding-Terms-for-Acquisition-of-Leading-Storage-and-Solution-Provider-LiiON-LLC
Enterprising Investor
3 months ago
Alternus Clean Energy, Inc. Announces 1-for-25 Reverse Stock Split as Part of Nasdaq Compliance Plan (10/09/24)
Fort Mill, South Carolina--(Newsfile Corp. - October 9, 2024) - Alternus Clean Energy Inc. (NASDAQ: ALCE) ("Alternus"), a leading utility-scale transatlantic, clean energy independent power producer (IPP), today announced that it will effect a 1-for-25 reverse stock split of its common stock. The reverse stock split will become effective at 12:01 a.m. Eastern Time on Friday, October 11, 2024, and the Company's common stock will commence trading on the Nasdaq Capital Market on a post-split basis at the opening of the market on October 11, 2024, pending confirmation by the Depository Trust Company and the Nasdaq. The Company's common stock will continue to trade on the Nasdaq Capital Market under the Company's existing trading symbol, "ALCE," and a new CUSIP number 02157G 200 has been assigned as a result of the reverse stock split.
The Company expects that the reverse stock split, which was approved by the Company's stockholders at the Annual Meeting of Stockholders held on September 26, 2024, will increase the price per share of the Company's common stock, and is part of the Company's strategy to regain compliance with the $1.00 minimum bid price requirement of the Nasdaq Capital Market.
At the effective time of the reverse stock split, each twenty-five (25) shares of the Company's issued and outstanding common stock will be automatically converted into one (1) issued and outstanding share of common stock without any change in the par value of $0.0001 per share or the total number of authorized shares. The reverse stock split will reduce the Company's number of shares outstanding common stock from approximately 87,288,070 shares to approximately 3,491,522 shares. No fractional shares of common stock will be issued in connection with the reverse stock split, and stockholders who would otherwise be entitled to receive a fractional share will receive a cash payment in lieu thereof.
Stockholders of record as of October 10th, 2024, will be receiving information regarding their share ownership following the reverse stock split from the Company's transfer agent, Equiniti Trust Company, LLC (formerly known as American Stock Transfer & Trust Company). Equiniti can be reached at (833) 656-0637. Additional information about the reverse stock split can be found in the Company's definitive proxy statement on Schedule 14A, filed with the U.S. Securities and Exchange Commission (the "SEC") on September 6, 2024, and available free of charge at the SEC's website sec.gov.
Vincent Browne, Chief Executive Officer of Alternus: "Effecting this 1-for-25 reverse split was required to regain compliance with Nasdaq. This capital restructuring does not change the fundamental value of the Company, but along with recent actions to de-lever our balance sheet, it does increase our access to the capital we need to execute our long-term growth strategies. These strategies include partnerships and acquisitions to build our presence in high growth renewable energy segments that will complement our existing utility-scale solar IPP business. Our recent announcement of binding terms for a JV with Hover Energy, LLC is an example of this strategy. We are targeting additional joint ventures and investments in other energy segments that are accretive to the group both operationally and financially. We are confident that executing these strategies will provide a strong foundation for long-term shareholder value."
About Alternus Clean Energy:
Alternus is a transatlantic clean energy independent power producer. Headquartered in the United States, we currently develop, install, own, and operate utility scale solar parks in North America and Europe. Our highly motivated and dynamic team at Alternus have achieved rapid growth in recent years. Building on this, our goal is to reach 3GW of operating projects within five years through continued organic development activities and targeted strategic opportunities. Our vision is to become a leading provider of 24/7 clean energy delivering a sustainable future of renewable power with people and planet in harmony.
https://www.newsfilecorp.com/release/226118
Enterprising Investor
3 months ago
Alternus Sheds $100 Million of Debt and Payables, Improves Shareholder Equity Position By Circa $45 Million From Disposal Of Certain Subsidiaries (10/08/24)
Fort Mill, South Carolina--(Newsfile Corp. - October 8, 2024) - Alternus Clean Energy, Inc. (NASDAQ: ALCE) ("Alternus"), announces that on October 3, 2024, by mutual agreement and in furtherance of the Company's balance sheet improvement activities, Solis Bond Company DAC ("Solis"), a company formed under the laws of Ireland and an indirect wholly owned subsidiary of the Company, was sold, along with its subsidiaries in Romania, to Solis Trustee Special Vehicle Limited, the Solis Bondholders' ownership vehicle, for one Euro (€1.00) in accordance with the terms of the Solis Bonds, as amended.
As a result of the sale, Alternus has removed approximately $100 million in debt and payables related to Solis activities and will improve shareholders equity by approximately $45 million. Solis accounted for 98% of group revenues for the six months ended June 30, 2024. Alternus will record the sale as discontinued activities as it has no business activities in Romania.
Vincent Browne, Chief Executive Officer of Alternus, stated: "The sale of Solis aligns with our on-going activities to significantly reduce debt and strengthen our balance sheet as we reposition the business from an exclusive focus on utility scale solar to that of a more comprehensive energy provider going forward. Our recent announcement of binding terms to establish a joint venture with Hover Energy to deliver state-of-the-art clean energy microgrids, is the first such example of entering additional exciting high-value complementary segments to our existing utility activities."
"We are also at advanced discussions in acquiring battery storage capabilities and customer base to strengthen both our utility and microgrid businesses and are targeting additional joint ventures and investments in other energy segments that are accretive to the group both operationally and financially in the short and long term and supporting our wider energy provision growth strategy."
About Alternus Clean Energy Inc.
Alternus is a transatlantic clean energy independent power producer. Headquartered in the United States, we currently develop, install, own, and operate utility scale solar parks in North America and Europe. Our highly motivated and dynamic team at Alternus have achieved rapid growth in recent years. Building on this, our goal is to reach 3GW of operating projects within five years through continued organic development activities and targeted strategic opportunities. Our vision is to become a leading provider of 24/7 clean energy delivering a sustainable future of renewable power with people and planet in harmony.
https://www.newsfilecorp.com/release/225974/Alternus-Sheds-100-Million-of-Debt-and-Payables-Improves-Shareholder-Equity-Position-By-Circa-45-Million-From-Disposal-Of-Certain-Subsidiaries
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