ALCE Class A Shares Set for Removal as Nasdaq Submits Form 25
Rhea-AI Filing Summary
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.
Positive
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Negative
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Insights
TL;DR: Nasdaq filed Form 25 to delist ALCE Class A shares; negative for liquidity and visibility.
Nasdaq’s Form 25 filing is a formal step toward removing Alternus Clean Energy’s Class A common stock from exchange listing and registration. The absence of supplemental information such as effective dates or rationale limits context, yet delisting typically curtails trading volume, analyst coverage, and institutional ownership. Investors should monitor subsequent SEC notices for final effectiveness and any issuer response.