Alternus Clean Energy Inc. filed SEC Form 8-K: Material Modification to Rights of Security Holders, Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Financial Statements and Exhibits
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Item 3.03. Material Modification to Rights of Security Holders.
On March 21, 2025, Alternus Clean Energy, Inc. (the “Company”) filed an Amended and Restated Certificate of Designation, Rights and Preferences of its Series A Super Voting Preferred Stock (the “Series A Preferred Stock”) with the Secretary of State of the state of Delaware, to (i) change its designated from the earlier One (1) share to Ten Thousand (10,000) shares, and (ii) change its voing rights from the earlier percentage proportionality to now holder of each share of the Series A Preferred Stock entitled to have the right to vote in an amount equal to 10,000 votes per share, voting with the common stock on all matters as a single class.
Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
See Item 3.03 above.
Item 9.01. Financial Statements and Exhibits.
Number | Description | |
3.1 | Amended And Restated Certificate of Designation of Rights, Preferences and Privileges of Series A Super Voting Preferred Stock. | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
Forward-Looking Statements
This Current Report on Form 8-K (“Form 8-K”) contains “forward-looking statements” within the meaning of the U.S. federal securities laws. Forward-looking statements can be identified by words such as “projects,” “may,” “will,” “could,” “would,” “should,” “believes,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “potential,” “promise” or similar references to future periods. Forward-looking statements are statements that are not historical facts, nor assurances of future performance. Instead, they are based on the Company’s current beliefs, expectations and assumptions regarding the future of its business, future plans, strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent risks and uncertainties, and actual results may differ materially from those set forth in the forward-looking statements. Important factors that could cause actual results to differ include, without limitation, delisting from Nasdaq may adversely impact trading in the Company’s Common Stock and the Company’s ability to raise financing; the Company has and expects to continue to incur significant losses; the Company’s need for additional funding, which may not be available on reasonable terms or at all; and the other important factors described under the caption “Risk Factors” in the Company’s Annual Report on Form 10-K for the period ended December 31, 2023, filed with the SEC on April 15, 2024, and its other filings with the SEC. Any forward-looking statement made by the Company in this Form 8-K is based only on information currently available and speaks only as of the date on which it is made. Except as required by applicable law, the Company expressly disclaims any obligation to publicly update any forward-looking statements, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: March 27, 2025 | ALTERNUS CLEAN ENERGY, INC. | |
By: | /s/ Vincent Browne | |
Name: | Vincent Browne | |
Title: | Chief Executive Officer, Interim Chief Financial Officer and | |
Chairman of the Board of Directors |
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