ALTERNUS CLEAN ENERGY ON Aktie

Alternus Clean Energy issued 14,280 convertible preferred shares, Series F, with a par value of $14.28 million to 15 accredited investors. The shares were granted in exchange for extensions of debt maturities, board appointments, consulting agreements, compensation for past services and waiver of interest. Series F is convertible into common stock, carries no voting or dividend rights and is subject to a 9.99% ownership cap. The transaction comes against the backdrop of significant financial distress at the company (market capitalization about $80,000, current ratio 0.01, total debt approximately $7.5 million and a loss per share of $26.19 over the last twelve months). Since June, 15,030 of the 15,750 authorized Series F shares have already been issued. » Altro su de.investing.com

Alternus Clean Energy A released results for the most recent quarter and recorded a loss per share of $14.48. For comparison: in the year-ago quarter the report showed -$164,000 per share. » Altro su finanzen.net

Alternus Clean Energy announced the resignation of sales chief David Farrell effective February 13, 2026. Farrell stressed that his resignation was not due to disagreements over business practices or policy; no details on his successor were provided. The departure comes against the backdrop of significant operational problems and an almost 100% loss in the company’s share value last year. » Altro su de.investing.com