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An update from Otovo AS Class A ( (DE:89K) ) is now available.
Otovo ASA held an extraordinary general meeting on December 5, 2025, where all agenda proposals were adopted, including the issuance of up to 235,000,000 new shares. Onvis Inc. is set to subscribe for 234,438,180 of these shares, with no withdrawals from investors. This decision reflects Otovo’s strategic move to expand its shareholder base and potentially enhance its market position in the renewable energy sector.
More about Otovo AS Class A
Otovo is a marketplace that facilitates the installation of solar panels and home batteries for homeowners. It connects customers with local, high-quality energy installers using proprietary technology to analyze home potential and secure the best prices through an automatic bidding process.
Average Trading Volume: 750,675
Current Market Cap: NOK268M
For a thorough assessment of 89K stock, go to TipRanks’ Stock Analysis page.