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Otovo ASA Expands Share Capital Through Acquisition and Private Placement

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Otovo ASA Expands Share Capital Through Acquisition and Private Placement

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Otovo AS Class A ( (DE:89K) ) has shared an update.

Otovo ASA, a company involved in the renewable energy sector, has announced a significant increase in its share capital following the acquisition of Onvis Inc. and a private placement. The registration of new shares with the Norwegian Register of Business Enterprises marks a strategic expansion for Otovo, potentially enhancing its market position and shareholder value.

More about Otovo AS Class A

Average Trading Volume: 750,675

Current Market Cap: NOK268M

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

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