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Otello Corporation ASA

Regulatory Filings Apr 3, 2025

3704_rns_2025-04-03_48b5f613-3747-442e-ab3d-f776243f345a.html

Regulatory Filings

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Otello announces sale of patents

Otello announces sale of patents

Otello Corporation announced today that it has signed a patent purchase agreement to sell certain patents of a former subsidiary that were transferred to Otello when the subsidiary was wound up. Otello will receive 2.6 MUSD for the patents, divided into an initial payment of 1.95 MUSD and 650 KUSD in fifteen months.

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