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Acorn Energy Enters Change in Control Bonus Agreement

Story Highlights
  • Acorn Energy signed a bonus agreement with CFO Tracy Clifford on March 25, 2025.
  • The agreement offers a bonus if a Change in Control occurs and Clifford remains in her role.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Acorn Energy Enters Change in Control Bonus Agreement

Confident Investing Starts Here:

Acorn Energy ( (ACFN) ) has provided an announcement.

On March 25, 2025, Acorn Energy entered into a Change in Control Bonus Agreement with its CFO and COO of its OmniMetrix subsidiary, Tracy Clifford. The agreement stipulates that if a Change in Control occurs within a specified period, and Clifford remains in her role, she will receive a cash bonus based on her service duration since December 1, 2019. This move potentially impacts the company’s executive retention strategy and financial commitments during a change in control scenario.

More about Acorn Energy

YTD Price Performance: -13.80%

Average Trading Volume: 2,364

Technical Sentiment Signal: Sell

Current Market Cap: $39.83M

See more data about ACFN stock on TipRanks’ Stock Analysis page.

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