Form 8-K - Current report
August 22 2024 - 9:50PM
Edgar (US Regulatory)
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0001883984
0001883984
2024-08-16
2024-08-16
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
August 16, 2024
ALTERNUS CLEAN ENERGY, INC.
(Exact name of registrant as specified in its charter)
Delaware |
|
001-41306 |
|
87-1431377 |
(State or other jurisdiction
of Incorporation) |
|
(Commission
File Number) |
|
(IRS Employer
Identification Number) |
360 Kingsley Park Drive, Suite 250
Fort Mill, South Carolina |
|
29715 |
(Address of registrant’s principal executive office) |
|
(Zip code) |
(803) 280-1468
(Registrant’s telephone number, including
area code)
N/A
(Former name or former address, if changed since
last report)
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General
Instruction A.2. below):
☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
|
☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
|
☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
|
☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of
the Act:
Title of each class |
|
Trading
symbol(s) |
|
Name of each exchange on which
registered |
Common Stock, par value $0.0001 per share |
|
ALCE |
|
The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2
of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act.
Item 2.02. Results
of Operations and Financial Condition.
The information included
in Item 4.02 below is incorporated into this Item 2.02 by reference.
Item 4.02(a).
Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review.
On August 16, 2024, the
Audit Committee (the “Committee”) of the Board of Directors of Alternus Clean Energy, Inc. (the “Company”), after
meeting with management to consider the relevant facts and circumstances underlying the matters covered by Item 4.02 of this
Report on Form 8-K, concluded that the Company’s previously issued interim financial statements for the quarterly period ended March
31, 2024 included in its Quarterly Report on Form 10-Q, (the “Restatement Period”) should be restated to correct historical
errors, and should therefore no longer be relied upon. As a result, investors, analysts and all other persons should not rely on the Company’s
previously released financial statements, press releases, earnings releases, investor presentations or other financial information or
communications describing the Company’s consolidated financial statements, that cover any periods during the Restatement Period.
The Company intends to
promptly file restated financial statements for the three months ended March 31, 2024 on Form 10-Q/A. All estimates contained in this
report are subject to change as management completes the Form 10-Q/A.
The Audit Committee has
discussed the matters described in this Form 8-K with its independent registered accounting firm, Forvis Mazars, LLP.
Forward Looking Statements
All statements contained in this Current Report
on Form 8-K other than statements of historical facts, including any information on the Company’s plans or future financial or operating
performance and other statements that express the Company’s management’s expectations or estimates of future performance,
constitute forward-looking statements. Forward-looking statements may be identified by the use of words such as “anticipate,”
“believe,” “continue,” “could,” “estimate,” “expect,” “intend,”
“may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,”
“should,” “would” and similar expressions, as they relate to the Company or its management team. Such forward-looking
statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company’s
management. Such statements are based on a number of estimates and assumptions that are subject to significant business, economic and
competitive uncertainties, many of which are beyond the control of the Company. The Company cautions that such forward-looking statements
involve known and unknown risks and other factors that may cause the actual financial results, performance or achievements of the Company
to differ materially from the Company’s estimated future results, performance or achievements expressed or implied by the forward-looking
statements. These statements should not be relied upon as representing the Company’s assessments of any date after the date of this
Current Report on Form 8-K. The Company undertakes no obligation to update these statements for revisions or changes after the date of
this release, except as required by law.
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: August 22, 2024 |
ALTERNUS CLEAN ENERGY, INC. |
|
|
|
|
By: |
/s/ Vincent Browne |
|
Name: |
Vincent Browne |
|
Title: |
Chief Executive Officer and Chairman of the Board of Directors |
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Aug. 16, 2024 |
Cover [Abstract] |
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Document Type |
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Document Period End Date |
Aug. 16, 2024
|
Entity File Number |
001-41306
|
Entity Registrant Name |
ALTERNUS CLEAN ENERGY, INC.
|
Entity Central Index Key |
0001883984
|
Entity Tax Identification Number |
87-1431377
|
Entity Incorporation, State or Country Code |
DE
|
Entity Address, Address Line One |
360 Kingsley Park Drive
|
Entity Address, Address Line Two |
Suite 250
|
Entity Address, City or Town |
Fort Mill
|
Entity Address, State or Province |
SC
|
Entity Address, Postal Zip Code |
29715
|
City Area Code |
(803)
|
Local Phone Number |
280-1468
|
Written Communications |
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Soliciting Material |
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Pre-commencement Tender Offer |
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Pre-commencement Issuer Tender Offer |
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Title of 12(b) Security |
Common Stock, par value $0.0001 per share
|
Trading Symbol |
ALCE
|
Security Exchange Name |
NASDAQ
|
Entity Emerging Growth Company |
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