Form 25 Filing: Nasdaq Stock Market LLC has submitted a Form 25 to the U.S. Securities and Exchange Commission to remove Alternus Clean Energy, Inc. (ALCE) Class A common stock from listing and/or registration under Section 12(b) of the Exchange Act (Commission File No. 333-261201).
Filing Details:
- Issuer: Alternus Clean Energy, Inc.
- Exchange: Nasdaq Stock Market LLC
- Securities Affected: Class A Common Stock
- Certification: Nasdaq states it has reasonable grounds to believe it meets all requirements for filing Form 25.
- Signature: Aravind Menon, Hearings Advisor, signed on 2025-07-09.
This filing initiates the process to strike ALCE’s Class A shares from Nasdaq listing and/or registration. No additional financial figures, effective dates, or reasons for the removal are disclosed in the document.
This document appears to be a Form 10-Q quarterly report filing for Alternus Clean Energy, Inc. (OTCQB: ALCE) for the period ending March 31, 2025. The filing contains standard SEC reporting sections including financial statements, management discussion and analysis, and risk disclosures.
Key observations from the available content:
- The company is listed on both OTCQB and OTC Pink markets
- It is classified as a smaller reporting company
- The filing includes comparative financial data for Q1 2025 vs Q1 2024
- The company appears to have recently sold Spanish subsidiaries, as indicated by a "Gain on sale of Spanish subsidiaries" line item
The filing contains forward-looking statements and standard cautionary language regarding risks and uncertainties. However, the specific financial figures and detailed analysis sections are not visible in the provided excerpt, limiting a more comprehensive financial analysis.