Mergers & Acquisitions ·
On August 17, 2026, Acorn Energy, Inc. entered into an agreement to acquire the remaining 1% of OMX Holdings, Inc.…
ACFNAcorn Energy, Inc.
On August 17, 2026, Acorn Energy, Inc. entered into an agreement to acquire the remaining 1% of OMX Holdings, Inc., thereby achieving 100% ownership of its subsidiary OmniMetrix, LLC. The transaction involved exchanging 100 shares of Series A preferred stock held by former CEO Walter Czarnecki for 25,096 newly issued shares of Acorn Energy common stock, representing approximately 1% of the company's outstanding shares immediately prior to the deal. This acquisition consolidates full control over OmniMetrix. The company operates in the energy sector.