Rhea-AI Summary
Octave Intelligence (Nasdaq:OCTV) is being spun off from Hexagon via a distribution of all Octave shares to Hexagon shareholders. Octave’s SDRs will list on Nasdaq Stockholm and its class B ordinary shares on Nasdaq New York.
The prospectus is approved in Sweden and the U.S. Form 10 registration is effective. Key dates include May 20, 2026 as the last Hexagon cum-rights trading day, May 22 as record date, and May 28 as the expected first regular-way trading day for OCTV in New York.
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FAQ
What is the current stock price of Octave Intelligence (OCTV)?
Octave Intelligence (OCTV) last closed at $20.04.
What is the market cap of Octave Intelligence (OCTV)?
The market cap of Octave Intelligence (OCTV) is approximately $5.4B.