Otovo ASA: Notice of Extraordinary General Meeting
Otovo ASA: Notice of Extraordinary General Meeting
Oslo, 14 November 2025
Reference is made to the stock exchange notice sent 6 November 2025 regarding the combination of Otovo ASA (“Otovo” or the “Company”) and Onvis Inc. In this regard, an extraordinary general meeting will be held on Friday 5 December 2025 at 09:00 CET as a digital meeting.
The notice and agenda of the general meeting is attached to this message. The notice and all appendices are also available at: https://investor.otovo.com/reports.
All shareholders wanting to attend and vote at the General Meeting must register their attendance by 3 December 2025 at 16:00 hours (CET). Further information about registration and digital attendance to the meeting is included in the notice.
Furthermore, reference is made to the stock exchange announcement published by Otovo on 6 November 2025 at 16:30, regarding the launch of a private placement at NOK 1.00 per share and the intention to carry out a subsequent repair offering. The Board of Directors of the Company has resolved not to proceed with the subsequent repair offering.
The background for the cancellation of the subsequent repair offering is that the Company's shares have traded at or below the subscription price in the private placement for an extended period of time and at sufficient volumes. Shareholders wishing to reduce the dilutive effect of the private placement have thus had the opportunity to purchase shares in the market at prices at or below the price which would have been the subscription price in the subsequent offering.
This information is subject to disclosure requirements pursuant to §5-12 of the Norwegian Securities Trading Act.
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For further queries, please contact:
Andreas Thorsheim, Chief Executive Officer
Email: [email protected]
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About Otovo: For homeowners, Otovo is the easiest way to get solar panels on the roof, and batteries in the home. Otovo is a marketplace that organises hundreds of local, high quality and qualified energy installers. The company uses its proprietary technology to analyse the potential of any home and finds the best price and installer for customers based on an automatic bidding process between available installers.
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