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AEDIS ENERGY INC WTS 8-K Filings

ACLEW OTC

Every 8-K that AEDIS ENERGY INC WTS (ACLEW) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow ACLEW and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ACLEW filings page.

Rhea-AI Summary

Alternus Clean Energy, Inc. (Aedis Energy Inc., ALCE) reported two governance-related developments. On September 1, 2026, the company issued an aggregate of 4,000 shares of restricted common stock to members of its Board of Directors as compensation for past Board and committee service, including 1,000 shares each to VestCo I Corp (owned and controlled by Vincent Browne) and John Thomas, and 500 shares each to Rolf Wikborg, Tone Bjornov, Mighty Sky LLC (owned and controlled by Aaron Ratner) and Nicholas Parker. These shares were issued in a private placement relying on Section 4(a)(2) of the Securities Act and Rule 506(b) of Regulation D to accredited investors without general solicitation. The company also disclosed that Chief Legal Officer Taliesin Durant resigned on August 31, 2026, effective September 11, 2026, and will remain available on an as-needed basis for transition, with the company stating her decision was not due to any disagreement over operations, policies or practices.

Rhea-AI Summary

Alternus Clean Energy, Inc. (ACLEW) reported that, effective August 31, 2026, it changed its corporate name to Aedis Energy Inc. via a Certificate of Amendment filed in Delaware. Common stock is temporarily trading under the symbol “ALCED” and is expected to trade under “ADIS” on the OTC Pink marketplace starting September 17, 2026.

The company is rebranding around a strategy focused on onsite energy generation for commercial and industrial customers, shifting away from legacy grid-focused operations. Aedis highlights a platform approach that is technology-agnostic, targeting generation, storage and energy management solutions, including a 51%‑controlled joint venture, EverOn Energy, with Hover Energy for integrated microgrid offerings.

Rhea-AI Summary

Alternus Clean Energy, Inc. (ALCE) approved and implemented a 1-for-2,500 reverse stock split of its common stock effective at 12:01 a.m. Eastern Time on August 20, 2026. Every 2,500 issued and outstanding shares of common stock were automatically combined into one share, with no change to the $0.0001 par value or the total number of authorized shares.

The reverse split reduced issued and outstanding common shares from approximately 724,658 to approximately 290 and was applied proportionately, so ownership percentages remain generally unchanged except where holders receive cash in lieu of fractional shares. Proportional adjustments were made to warrants, convertible preferred stock, other convertible securities and the 2023 Equity Incentive Plan. The stock trades post-split on the OTC Pink/OTC Markets on a split-adjusted basis, using the temporary symbol “ALCED” for 20 trading days before changing to “ADIS,” with a new CUSIP 02157G 408. The company states that the primary goal is to increase the per-share price to meet minimum bid requirements for a potential national exchange listing and to support a committed $10 million PIPE investment and broader investor appeal.

Rhea-AI Summary

Alternus Clean Energy, Inc. amended a prior report to add unaudited pro forma financials for its EverOn Energy LLC joint venture with Hover Energy LLC. On September 30, 2025, Alternus sold a 49% interest in EverOn to Hover and retained 51%, treating the series of agreements as a business acquisition under ASC 805.

As consideration for its 51% interest, Alternus issued 20,000 shares of Series B Convertible Preferred Stock to Hover, preliminarily valued at $1,526 per share (about $30.5 million), and contributed $5.2 million of capitalized project assets plus $0.9 million of software, for total consideration of about $36.5 million. Hover’s 49% non‑controlling interest was preliminarily valued at $20.4 million, implying a joint‑venture enterprise value of roughly $56.9 million.

The purchase price was allocated to identifiable intangibles — including customer relationships, favorable contracts, and software — and $18.96 million of goodwill. Pro forma statements show added MSA service fees and intangible amortization, with a portion of EverOn’s results attributed to Hover as non‑controlling interest.

Rhea-AI Summary

Alternus Clean Energy, Inc. entered subscription agreements with 15 accredited investors on August 5, 2026, issuing 14,280 shares of Series F Convertible Preferred Stock, valued at $1,000 per share, for an aggregate face amount of $14,280,000. Consideration included extensions of promissory note maturities, advisory board appointments, consulting agreements, past advisory services and a waiver of accrued interest on a promissory note.

Including 750 shares issued on June 30, 2026, 15,030 of 15,750 authorized Series F shares are now issued. The board approved an amended and restated certificate of designation that removes the prior December 31, 2026 maturity date and revises automatic conversion to occur on a board-selected date 5–10 business days before an uplist, using a $1,000 per-share value divided by the common stock closing price. Series F has no general voting or dividend rights, but majority Series F consent is required for specified corporate actions, is subject to a 9.99% beneficial ownership conversion cap, and receives liquidation distributions only after Series B–E preferred and common stock.

Rhea-AI Summary

Alternus Clean Energy, Inc. entered into a private placement on March 27, 2026, selling 2,150 shares of Series D Convertible Preferred Stock for aggregate gross proceeds of $1,000,000 to an accredited investor. The company plans to use the cash for working capital and general corporate purposes.

The investor also received a one-year put option allowing it to require repurchase of up to 1,150 Series D shares at $1,000 per share after the company raises at least $8 million in new equity. On March 31, 2026, the company further issued 7,583 Series D and 684 Series E Convertible Preferred shares in full repayment of about $8.267 million of promissory note debt. New Series D and Series E designations authorize up to 20,000 shares each, with a stated value of $1,000 per share and initial conversion price of $0.10 per common share, subject to anti-dilution adjustments, ownership caps and, for Series E, piggyback registration rights.

Rhea-AI Summary

Alternus Clean Energy, Inc. entered into subscription agreements for a private placement of unsecured 20% original issue discount secured promissory notes with an aggregate principal amount of $1,250,000, generating $1,000,000 in gross proceeds. A wholly owned subsidiary pledged 100% of its membership interests as collateral.

The notes have no interest, mature in six months or upon a capital raise of at least $5,000,000, and include standard events of default. Investors also received 2,625 shares of new Series C Convertible Preferred Stock, while existing creditors accepted 3,150 Series C shares in full repayment of about $3,950,000 of obligations.

The Board created a new Series C class with 12,000 shares authorized and 5,775 issued, each valued at $1,000 and convertible into common stock at $0.10 per share after one year, subject to anti-dilution, a 19.99% beneficial ownership cap, volume limits on monthly sales, full voting rights on an as-converted basis, no dividends, and pari passu liquidation rights with common stock. Net proceeds are earmarked for working capital and general corporate purposes.

Rhea-AI Summary

Alternus Clean Energy, Inc. reported that David Farrell resigned as Chief Commercial Officer, effective immediately on February 13, 2026. The company stated that Mr. Farrell’s decision was not based on any disagreement with Alternus regarding its operations, policies, or practices.

Rhea-AI Summary

Alternus Clean Energy, Inc. filed a Form 8-K reporting several material transactions dated September 30, 2025. The filing lists a Certificate of Designation of Series B Convertible Preferred Stock, a Joint Venture Operating Agreement between Alternus Clean Energy Inc. and Hover Energy LLC, a Securities Purchase Agreement, and a Settlement Agreement. The exhibits indicate the company completed corporate and financing actions on that date and furnished an Inline XBRL cover page. The document identifies Vincent Browne as Chief Executive Officer, Interim Chief Financial Officer and Chairman of the Board.

The filing was made public on October 6, 2025 and the company's common stock trades under the symbol ACLEW on the OTCQB Market. The listed exhibits signal a mix of governance (preferred stock designation), a strategic partnership structure (joint venture), and financing/settlement arrangements, each of which can affect capitalization and contractual obligations.

Rhea-AI Summary

Alternus Clean Energy, Inc. entered into two Note Purchase Agreements with accredited investors, issuing 20% original issue discount unsecured convertible promissory notes maturing in December 2025. Each 2025 Note has a principal amount of $312,500, providing combined net proceeds of $500,000 to the company for working capital. If the notes are not repaid at maturity or certain defaults occur, the 20% discount increases by 5% each month until full repayment. After the maturity date, each note is convertible at the holder’s option into common stock at 90% of the volume-weighted average price based on the three trading days immediately prior to conversion. The 2025 Notes are senior direct obligations ranking pari passu with other notes but subordinated to existing Senior Convertible Notes held by 3i, LP, and were issued in a private placement relying on Section 4(a)(2) and Rule 506(b) of Regulation D.