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Otovo and Onvis Transaction Alters Major Shareholdings

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Otovo and Onvis Transaction Alters Major Shareholdings

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Otovo AS Class A ( (DE:89K) ) just unveiled an update.

Otovo AS has completed a significant transaction with Onvis Inc, resulting in changes to its major shareholders’ stakes. Jackson Leigh Ventures has increased its holdings to over 23%, while Å Energi Invest and AxSol AB have seen their stakes diluted below key thresholds. This transaction impacts the company’s shareholder structure and could influence its strategic direction.

More about Otovo AS Class A

Otovo is a marketplace that simplifies the process for homeowners to install solar panels and home batteries. The company connects customers with local, high-quality energy installers using proprietary technology to analyze home potential and facilitate competitive bidding for the best price and installer.

Average Trading Volume: 674,176

Current Market Cap: NOK187.6M

Learn more about 89K stock on TipRanks’ Stock Analysis page.

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