[Update 12/02/2020 10:00AM]:
Tropical Disturbance 1
What we know:
A gale-force, non-tropical low pressure system is centered between the Madeira Islands and the Azores. This system has become less organized during the past 24 hours, and environmental conditions are expected to become less conducive for development as the system moves southwestward during the next day or two. Although subtropical development is now unlikely, this system will continue to produce strong winds and locally heavy rains in the Madeira Islands and the Azores through Wednesday.
What is the likelihood of it gaining strength?
Formation chance through 48 hours: 10 percent (Low).
Formation chance through 5 days: 10 percent (Low).