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Acorn Energy acquires remaining stake in OMX Holdings via share swap
Acorn Energy acquired the remaining 1% of OMX Holdings’ shares through a share swap and is now the 100% owner of OMX, the parent company of OmniMetrix. Walter Czarnecki exchanged 100 series A preferred shares of OMX for 25,096 newly issued common shares of Acorn Energy, roughly 1% of Acorn’s previously outstanding shares. Acorn Energy also reported a net income of USD 294,000 for Q2 2026 on a 29.4% decline in revenue, while gross margin increased to 82.4%; the company remains focused on go-to-market efforts for new products. » More on de.investing.com
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