Alternus Clean Energy Enhances Governance and Financial Strategy

An announcement from Alternus Clean Energy ( (ALCE) ) is now available.

At a recent virtual annual shareholders’ meeting, a company made several significant decisions with strong shareholder support. Key resolutions included the election of a Class I director, the approval of issuing new shares for a convertible note and warrant, amendments to the corporate charter to increase authorized stock and enable written consent actions, the implementation of a reverse stock split, and an increase in shares for the equity incentive plan. Additionally, the company moved to limit officer liability in compliance with Delaware law and ratified Forvis Mazars, LLP as its independent auditor for the fiscal year. These changes reflect a proactive approach to corporate governance and strategic financial management.

See more data about ALCE stock on TipRanks’ Stock Analysis page.