MarketPR

ALCE's 1-for-2,500 reverse split leaves approximately 290 shares outstanding as Alternus targets national exchange listing

8/20/2026

In focus for $ALCE: a 1-for-2,500 reverse stock split that became effective at 12:01 a.m.

Eastern on August 20, 2026, compressing Alternus Clean Energy's (OTC: ALCE, ACLEW) shares outstanding from approximately 724,658 to approximately 290.

The split's stated goal is meeting the minimum bid price requirement for listing on a national securities exchange.

The next confirmable milestone is completion of a committed $10 million PIPE investment, which Chief Executive Vincent Browne said depends on that uplisting.