Alternus Clean Energy effects 1-for-2,500 reverse stock split on OTC Markets
Reuters2026/08/19 20:35Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Alternus Clean Energy will execute a 1-for-2,500 reverse stock split effective Aug. 20, 2026.
- OTC trading shifts to post-split basis at the Aug. 20 open, pending Depository Trust Company and FINRA confirmation.
- Ticker changes to ALCED for 20 trading days, then to ADIS.
- Share count expected to drop to about 290 from about 724,658; authorized shares unchanged.
- No fractional shares; cash paid for fractional interests based on the prior session’s OTC close.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alternus Clean Energy Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608191635PRIMZONEFULLFEED9813121) on August 19, 2026, and is solely responsible for the information contained therein.
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