Clean Earth Acquisitions Rise 9.8% on Business Combination Approval

Dow Jones

2023/12/06

By Denny Jacob

Clean Earth Acquisitions shares rose 9.8% to $6.97 following its approved business combination.

The stock is down about 31% on the year.

The special purpose acquisition company's shareholders on Monday approved its previously disclosed business combination between Clean Earth and Alternus Energy Group, among other proposals related to the combination.

The company will be renamed Alternus Clean Energy upon the close of the transaction. An application for listing on the Nasdaq Global Market of the combined company's common stock and warrants under the new ticker symbols ALCE and ALCEW, respectively, is expected to be effective upon the close of the business combination.

Clean Earth entered into a definitive business combination agreement with Alternus, a clean energy independent power producer, and Clean Earth Acquisitions Sponsor LLC on Oct. 12, 2022.

Wednesday's stock gains come days after shares dropped to a 52-week low on news it extended its deadline to consummate a business combination by six months.

Write to Denny Jacob at denny.jacob@wsj.com

(END) Dow Jones Newswires

December 06, 2023 10:32 ET (15:32 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

应版权方要求，你需要登录查看该内容

登录 / 注册

免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。

热议股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hans","ssrTDKData":{"titleTemplate":"%s - 老虎证券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎证券,老虎证券开户,老虎券商,老虎证券官网,老虎证券app,tigertrade老虎证券,股票,炒股,新加坡股票交易平台,投资,投资理财","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hans/news/2389513840"},"companyName":"老虎证券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2389513840\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2389513840?lang=zh_CN&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-12-06 23:32","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2389513840","market":"fut","top_or_hot":-1,"title":"Clean Earth Acquisitions Rise 9.8% on Business Combination Approval","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Denny Jacob \n</p>\n<pre>\n \n</pre>\n<p>\n  Clean Earth Acquisitions shares rose 9.8% to $6.97 following its approved business combination. \n</p>\n<p>\n  The stock is down about 31% on the year. \n</p>\n<p>\n  The special purpose acquisition company's shareholders on Monday approved its previously disclosed business combination between Clean Earth and Alternus Energy Group, among other proposals related to the combination. \n</p>\n<p>\n  The company will be renamed Alternus Clean Energy upon the close of the transaction. An application for listing on the Nasdaq Global Market of the combined company's common stock and warrants under the new ticker symbols ALCE and ALCEW, respectively, is expected to be effective upon the close of the business combination. \n</p>\n<p>\n  Clean Earth entered into a definitive business combination agreement with Alternus, a clean energy independent power producer, and Clean Earth Acquisitions Sponsor LLC on Oct. 12, 2022. \n</p>\n<p>\n  Wednesday's stock gains come days after shares dropped to a 52-week low on news it extended its deadline to consummate a business combination by six months. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Denny Jacob at denny.jacob@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 06, 2023 10:32 ET (15:32 GMT)\n</p>\n<p>\n  Copyright (c) 2023 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Clean Earth Acquisitions Rise 9.8% on Business Combination Approval</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nClean Earth Acquisitions Rise 9.8% on Business Combination Approval\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-12-06 23:32</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Denny Jacob \n</p>\n<pre>\n \n</pre>\n<p>\n  Clean Earth Acquisitions shares rose 9.8% to $6.97 following its approved business combination. \n</p>\n<p>\n  The stock is down about 31% on the year. \n</p>\n<p>\n  The special purpose acquisition company's shareholders on Monday approved its previously disclosed business combination between Clean Earth and Alternus Energy Group, among other proposals related to the combination. \n</p>\n<p>\n  The company will be renamed Alternus Clean Energy upon the close of the transaction. An application for listing on the Nasdaq Global Market of the combined company's common stock and warrants under the new ticker symbols ALCE and ALCEW, respectively, is expected to be effective upon the close of the business combination. \n</p>\n<p>\n  Clean Earth entered into a definitive business combination agreement with Alternus, a clean energy independent power producer, and Clean Earth Acquisitions Sponsor LLC on Oct. 12, 2022. \n</p>\n<p>\n  Wednesday's stock gains come days after shares dropped to a 52-week low on news it extended its deadline to consummate a business combination by six months. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Denny Jacob at denny.jacob@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 06, 2023 10:32 ET (15:32 GMT)\n</p>\n<p>\n  Copyright (c) 2023 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2389513840","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2389513840","pubTimestamp":1701876720,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Clean Earth Acquisitions shares rose 9.8% to $6.97 following its approved business combination.The stock is down about 31% on the year.The special purpose acquisition company's shareholders on Monday approved its previously disclosed business combination between Clean Earth and Alternus Energy Group, among other proposals related to the combination.The company will be renamed Alternus Clean Energy upon the close of the transaction. An application for listing on the Nasdaq Global Market of the combined company's common stock and warrants under the new ticker symbols ALCE and ALCEW, respectively, is expected to be effective upon the close of the business combination.Clean Earth entered into a definitive business combination agreement with Alternus, a clean energy independent power producer, and Clean Earth Acquisitions Sponsor LLC on Oct. 12, 2022.Wednesday's stock gains come days after shares dropped to a 52-week low on news it extended its deadline to consummate a business combination ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"清洁地球收购因业务合并批准增长9.8%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CLIN":0.9},"content_text":"By Denny Jacob \n\n\n \n\n\n  Clean Earth Acquisitions shares rose 9.8% to $6.97 following its approved business combination. \n\n\n  The stock is down about 31% on the year. \n\n\n  The special purpose acquisition company's shareholders on Monday approved its previously disclosed business combination between Clean Earth and Alternus Energy Group, among other proposals related to the combination. \n\n\n  The company will be renamed Alternus Clean Energy upon the close of the transaction. An application for listing on the Nasdaq Global Market of the combined company's common stock and warrants under the new ticker symbols ALCE and ALCEW, respectively, is expected to be effective upon the close of the business combination. \n\n\n  Clean Earth entered into a definitive business combination agreement with Alternus, a clean energy independent power producer, and Clean Earth Acquisitions Sponsor LLC on Oct. 12, 2022. \n\n\n  Wednesday's stock gains come days after shares dropped to a 52-week low on news it extended its deadline to consummate a business combination by six months. \n\n\n \n\n\n  Write to Denny Jacob at denny.jacob@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 06, 2023 10:32 ET (15:32 GMT)\n\n\n  Copyright (c) 2023 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}