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Alternus Clean Energy, Inc. Reports FY 2023 Financial Results

Retrieved on: 
Tuesday, April 16, 2024

FORT MILL, S.C., April 15, 2024 (GLOBE NEWSWIRE) -- Utility-scale transatlantic clean energy independent power producer Alternus Clean Energy, Inc. (NASDAQ: ALCE) (“Alternus” or the “Company”) today announced its audited financial results for the full year 2023 under US GAAP format. The 2023 financial report is included in a Form 10-K filed with the Securities and Exchange Commission. The 2023 financial report is available to view on the Alternus’ website at https://ir.alternusenergy.com/financials-filings/sec-filings.

Key Points: 
  • FORT MILL, S.C., April 15, 2024 (GLOBE NEWSWIRE) -- Utility-scale transatlantic clean energy independent power producer Alternus Clean Energy, Inc. (NASDAQ: ALCE) (“Alternus” or the “Company”) today announced its audited financial results for the full year 2023 under US GAAP format.
  • The 2023 financial report is included in a Form 10-K filed with the Securities and Exchange Commission.
  • The 2023 financial report is available to view on the Alternus’ website at https://ir.alternusenergy.com/financials-filings/sec-filings .
  • We announced our listing on Nasdaq in December 2023 and are now well positioned organisationally to deliver on our goals.

Wolf Popper LLP Announces Investigations on Behalf of Investors in Materially Underperforming Special Purpose Acquisition Companies

Retrieved on: 
Wednesday, April 10, 2024

NEW YORK, April 10, 2024 (GLOBE NEWSWIRE) -- Wolf Popper LLP is investigating potential claims on behalf of investors in the following Special Purpose Acquisition Companies (SPAC).

Key Points: 
  • NEW YORK, April 10, 2024 (GLOBE NEWSWIRE) -- Wolf Popper LLP is investigating potential claims on behalf of investors in the following Special Purpose Acquisition Companies (SPAC).
  • Wolf Popper is investigating whether the SPACs and their executives made materially false or misleading statements or omitted material information regarding the companies’ businesses, operations, and prospects.
  • On May 25, 2021, Dynamics Special Purpose Corp. (NASDAQ: DYNS) held its initial public offering (IPO) at $10.00 per share and raised $200 million.
  • Then on December 20, 2021, Dynamics announced it was engaging in a $601 million de-SPAC transaction with Senti Biosciences, Inc.

Wolf Popper LLP Announces Investigations on Behalf of Investors in Materially Underperforming Special Purpose Acquisition Companies

Retrieved on: 
Thursday, April 4, 2024

NEW YORK, April 04, 2024 (GLOBE NEWSWIRE) -- Wolf Popper LLP is investigating potential claims on behalf of investors in the following Special Purpose Acquisition Companies (SPAC).

Key Points: 
  • NEW YORK, April 04, 2024 (GLOBE NEWSWIRE) -- Wolf Popper LLP is investigating potential claims on behalf of investors in the following Special Purpose Acquisition Companies (SPAC).
  • Wolf Popper is investigating whether the SPACs and their executives made materially false or misleading statements or omitted material information regarding the companies’ businesses, operations, and prospects.
  • On May 25, 2021, Dynamics Special Purpose Corp. (NASDAQ: DYNS) held its initial public offering (IPO) at $10.00 per share and raised $200 million.
  • On February 7, 2022, Aurora Technology Acquisition Corp. (NASDAQ: ATAK) held its IPO at $10.00 per share and raised $200 million.

Alternus Energy Group Plc Completes Business Combination with Clean Earth Acquisitions Corp.

Retrieved on: 
Friday, December 22, 2023

DUBLIN, Ireland, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Transatlantic clean energy independent power producer (“IPP”) Alternus Energy Group Plc (OSE: ALT) (“AEG”) has today completed its previously announced business combination with Clean Earth Acquisitions Corp. (NASDAQ: CLIN) (“Clean Earth”), a special purpose acquisition company. The business combination was approved by Clean Earth shareholders in a Special Meeting of Clean Earth shareholders on December 4, 2023.

Key Points: 
  • • Alternus Energy Group becomes majority shareholder in Alternus Clean Energy Inc.
    DUBLIN, Ireland, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Transatlantic clean energy independent power producer (“IPP”) Alternus Energy Group Plc (OSE: ALT) (“AEG”) has today completed its previously announced business combination with Clean Earth Acquisitions Corp. (NASDAQ: CLIN) (“Clean Earth”), a special purpose acquisition company.
  • The business combination was approved by Clean Earth shareholders in a Special Meeting of Clean Earth shareholders on December 4, 2023.
  • The newly combined company will operate under the name “Alternus Clean Energy Inc.” (“Alternus Clean Energy” or the “Company”).
  • The completion of the business combination with Clean Earth and resultant listing on Nasdaq, is a key strategic pillar in our commitment towards a sustainable future,” commented Alternus Clean Energy CEO, Vincent Browne.

Clean Earth and Alternus Energy Announce Continuation of Business Combination Close Process

Retrieved on: 
Tuesday, December 12, 2023

NEW YORK and DUBLIN, Ireland, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Clean Earth Acquisition Corp. (Nasdaq: CLIN) (“Clean Earth” or the “Company”), announced today that the conditions to closing the business combination (the “Business Combination”) between Clean Earth and Alternus Energy Group Plc, a public limited company incorporated under the laws of Ireland, (OSE: ALT, “Alternus”) have not yet been satisfied and the business combination has not closed, as described in the definitive proxy statement/prospectus filed by the Company with the SEC on November 14, 2023 (the “Proxy Statement/Prospectus”).

Key Points: 
  • NEW YORK and DUBLIN, Ireland, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Clean Earth Acquisition Corp. (Nasdaq: CLIN) (“Clean Earth” or the “Company”), announced today that the conditions to closing the business combination (the “Business Combination”) between Clean Earth and Alternus Energy Group Plc, a public limited company incorporated under the laws of Ireland, (OSE: ALT, “Alternus”) have not yet been satisfied and the business combination has not closed, as described in the definitive proxy statement/prospectus filed by the Company with the SEC on November 14, 2023 (the “Proxy Statement/Prospectus”).
  • The parties are working together to expeditiously satisfy such closing conditions, including obtaining the approval of Nasdaq to list the post-combination company’s common stock following the closing of the business combination.
  • There can be no assurance that the business combination will be consummated within the time period required by Clean Earth’s governing documents, which currently provide that Clean Earth must consummate its initial consummation by May 28, 2024.

Unison Debuts Data Extraction Module, Paving the Way for a New Era in Government Contract Lifecycle Management

Retrieved on: 
Wednesday, July 19, 2023

DULLES, Va., July 19, 2023 /PRNewswire/ -- Unison, a leading provider of software solutions and insights in government acquisitions, today announced the launch of its cutting-edge Data Extraction (DE) Module, a tool designed to enhance the day-to-day operations of government contract professionals.

Key Points: 
  • "Identifying data entry as a substantial bottleneck in contract management, the DE Module harnesses advanced automation to simplify a once daunting task," said Melissa Amdahl, Product Director of Unison Contract Lifecycle Management .
  • "Beyond optimizing operations, the DE Module frees contract professionals from the grind of data management, enabling them to focus their expertise on strategic objectives."
  • Key features of the DE Module include 97% clause data accuracy, 50% faster CLIN extraction, and 90% faster clause extraction.
  • Unison's Data Extraction Module introduces a shift in contract management, making technology a supportive ally rather than a hurdle.

Unison Marketplace Launches New Automation Capabilities and User-Friendly Features to Save Contracting Officers' Hours of Work

Retrieved on: 
Thursday, July 13, 2023

DULLES, Va., July 13, 2023 /PRNewswire/ -- Unison, a leading provider of software solutions and insights in government acquisitions, has released new features for its Marketplace suite. Unison Marketplace is an all-encompassing online acquisition platform that assists Buyers in purchasing the goods and services needed to fulfill their procurement strategies. These new features' purpose is to make buying easier for federal professionals—saving hours of work with an improved request for information (RFI) and Sources Sought workflows for faster, more comprehensive market research, a new contract line item number (CLIN) price comparison tool, and automation of the DoD Abstract of Quotes document.

Key Points: 
  • Unison Marketplace partnered with its customers to understand the challenges 1102s experience throughout the acquisition lifecycle and developed new easy-to-use features to save buyers hours on market research and documentation.
  • DULLES, Va., July 13, 2023 /PRNewswire/ -- Unison , a leading provider of software solutions and insights in government acquisitions, has released new features for its Marketplace suite.
  • Unison Marketplace is an all-encompassing online acquisition platform that assists Buyers in purchasing the goods and services needed to fulfill their procurement strategies.
  • June 5th marked the new features' production release, and users have already expressed the ease of use and time-saving capabilities.

Zymeworks Announces Positive Topline Data in the Pivotal HERIZON-BTC-01 Trial of Zanidatamab

Retrieved on: 
Monday, December 19, 2022

The safety profile of zanidatamab in this trial was consistent with that observed in previously reported monotherapy studies, with no new safety signals identified.

Key Points: 
  • The safety profile of zanidatamab in this trial was consistent with that observed in previously reported monotherapy studies, with no new safety signals identified.
  • Full results from the pivotal trial are expected to be presented at a medical meeting in 2023.
  • Zymeworks is developing zanidatamab in multiple Phase 1, Phase 2, and pivotal clinical trials globally as a targeted treatment option for patients with solid tumors that express HER2.
  • Zymeworks continues to enroll subjects in the Phase 3 randomized clinical trial, HERIZON-GEA-01, evaluating zanidatamab in combination with chemotherapy plus or minus tislelizumab for HER2-expressing GEA.

Alternus Energy Group plc Announces Altnua, a Dedicated Clean Energy Development Business to Drive Organic Growth into the Future

Retrieved on: 
Monday, October 17, 2022

I am confident as part of Alternus, Altnua has the right foundation, resources, and expertise to create an industry leading development business.

Key Points: 
  • I am confident as part of Alternus, Altnua has the right foundation, resources, and expertise to create an industry leading development business.
  • Establishing a specialist development business led by an experienced team is the next logical step for Alternus as we continue in our current growth path.
  • Clean Earth and Alternus Energy anticipate that subsequent events and developments will cause Clean Earths and Alternus Energys assessments to change.
  • Neither Clean Earth nor Alternus anticipate that subsequent events and developments will cause Clean Earths and Alternus assessments to change.

Alternus Energy Group Plc Announces Business Combination Agreement with Clean Earth Acquisitions Corp.

Retrieved on: 
Wednesday, October 12, 2022

Alternus Energy Group Plc ("Alternus" or the "Company") (OSE: ALT) and Clean Earth Acquisitions Corp. (NASDAQ: CLIN) (Clean Earth), a climate technology and energy transition-focused special purpose acquisition company, today announced the execution of a definitive business combination agreement.

Key Points: 
  • Alternus Energy Group Plc ("Alternus" or the "Company") (OSE: ALT) and Clean Earth Acquisitions Corp. (NASDAQ: CLIN) (Clean Earth), a climate technology and energy transition-focused special purpose acquisition company, today announced the execution of a definitive business combination agreement.
  • JonesTrading Institutional Services acted as financial advisor to Clean Earth and supported Clean Earth in this Business Combination.
  • Clean Earth and Alternus Energy anticipate that subsequent events and developments will cause Clean Earths and Alternus Energys assessments to change.
  • However, while Clean Earth and Alternus Energy may elect to update these forward-looking statements at some point in the future, Clean Earth and Alternus Energy specifically disclaim any obligation to do so.