Otello Corporation ASA ( (GB:0FI5) ) has shared an update.
Otello Corporation ASA has entered into a patent purchase agreement to sell certain patents from a former subsidiary. The transaction will bring Otello a total of 2.6 million USD, with an initial payment of 1.95 million USD and a subsequent payment of 650,000 USD in fifteen months, potentially impacting its financial position positively.
More about Otello Corporation ASA
YTD Price Performance: 5.79%
Average Trading Volume: 676
Technical Sentiment Signal: Strong Sell
Current Market Cap: NOK693.6M
For a thorough assessment of 0FI5 stock, go to TipRanks’ Stock Analysis page.