Alternus clean energy receives nasdaq delisting notice; intends to appeal and regain compliance within timeframes allowed

Fort mill, south carolina--(newsfile corp. - september 20, 2024) - alternus clean energy inc. (nasdaq: alce) ("alternus", "the company") received a delisting notice from the listing qualifications department of the nasdaq stock market ("nasdaq") informing the company that nasdaq has determined the company had not regained compliance with the minimum closing bid price requirement for continued listing on the nasdaq capital market under nasdaq listing rule 5550(a)(2). in response, alternus plans to appeal the decision under nasdaq rules and intends to file such appeal within the 7-day period allowed.
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