Alternus Clean Energy files amended 8-K with unaudited pro forma financials for EverOn-Hover JV deal
Reuters2026/08/11 13:27Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Alternus Clean Energy filed an amended current report to revise its unaudited pro forma condensed combined financial information tied to the Sept. 30, 2025 EverOn joint venture transaction with Hover Energy.
- The amendment restates the illustrative income statement impact of treating the deal as a business combination under ASC 805, reflecting an enterprise value of about USD 56.9 million for the JV.
- The filing shows total consideration of USD 36.5 million for a 51% interest, including 20,000 shares of Series B Convertible Preferred Stock valued at about USD 30.5 million.
- It also reports a preliminary fair value of USD 20.4 million for Hover’s 49% non-controlling interest, with USD 19 million recorded as goodwill.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alternus Clean Energy Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-026870), on August 11, 2026, and is solely responsible for the information contained therein.
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