Otovo Completes European Merger to Create First Global Home Energy Service Provider
United States, Dec. 5 -- Otovo USA, a leading home and business energy service provider, today announced it has completed a merger with Otovo ASA, a European leader in residential power, to form a global home and business services company with an AI-driven service platform. The newly combined company, Otovo, has a footprint that extends across Europe and parts of the United States with a home and business energy offering that unites retail power, repair service, and grid trading.Shares of Otovo will continue to trade on the Euronext Oslo Stock Exchange (OSL) in the local currency, Norwegian Krone (NOK), under the ticker symbol "OTOVO." The Company expects to pursue a dual listing on a U.S. exchange in the near future.As part of the transact...
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