Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Ocean Sun AS ( (DE:OW7) ) just unveiled an update.
Ocean Sun AS has granted 115,000 new share options to Kristin Husby Mørk, the newly appointed Chief Commercial Officer. This move, with a strike price set at a 10% premium, reflects the company’s strategic efforts to incentivize leadership and align with its growth objectives. The options, which constitute 2.52% of the total outstanding shares, are structured to vest over three years, indicating a long-term commitment to enhancing company value.
More about Ocean Sun AS
Ocean Sun is a company that combines Norwegian maritime expertise with photovoltaic knowledge to develop innovative floating solar technology. Their patented system, which involves solar modules mounted on hydro-elastic membranes, offers unique cost and performance advantages. Ocean Sun aims to be a global leader in floating solar technology, with offices in Oslo, Singapore, and Shanghai.
YTD Price Performance: -24.33%
Average Trading Volume: 24,952
Current Market Cap: NOK51.03M
For a thorough assessment of OW7 stock, go to TipRanks’ Stock Analysis page.