Alternus Clean Energy will implement a 1-for-2,500 reverse stock split at 12:01 a.m. Eastern Time on August 20, 2026. Trading on the OTC Markets is expected to begin on a post-split basis at the market open, pending confirmation by the Depository Trust Company and FINRA (U.S. financial industry regulator). The stock will trade under ALCED for 20 trading days before changing to ADIS, and will receive CUSIP 02157G 408. The company said the split is intended to raise its per-share price to meet the minimum bid requirement for a national securities exchange and attract more institutional and long-term investors. Shares outstanding are expected to fall from approximately 724,658 to approximately 290, while authorized shares and the $0.0001 par value will remain unchanged. Alternus said the move supports its effort to relist, complete a committed $10 million PIPE investment (private investment in public equity), and expand its shareholder base. The company also highlighted progress at EverOn Energy LLC, its 51%-owned joint venture with Hover Energy LLC, which is developing Wind Powered Microgrids for large corporate clients and expects to announce its first UK clients shortly.