DelistedClean Energy

What Happened to Alternus Clean Energy?

Ticker: ALCESPAC Year: 2022Merger: 2023

Return

-100.0%

Current Price

$0

Peak Price

$56800

Trust Size

$5M

Summary

Alternus Clean Energy, Inc. filed its S-1 registration in 2022 and completed its business combination in 2023. The company remains actively traded with 262 SEC filings on record.

What Happened

Alternus Clean Energy, Inc. entered the SPAC market in 2022 with its initial S-1 filing with the SEC, joining the wave of blank check companies seeking acquisition targets.

The company filed a definitive proxy statement (DEFM14A) ahead of its merger vote, completing its de-SPAC transaction in 2023.

SEC records show 262 total filings, including annual (10-K) and quarterly (10-Q) financial reports.

The company was incorporated in Delaware, the preferred jurisdiction for the vast majority of SPACs due to its business-friendly legal framework.

Timeline

2022-01-07

S-1 Registration Filed

2023-11-13

Merger Proxy Filed (DEFM14A)

Risk Indicators

⚠ïļ Reverse Split