OCTV Octave Intelligence Limited
Price Chart
Executive Summary
Octave Intelligence Limited begins trading as a standalone public company following its spin-off from Hexagon AB. Class B ordinary shares will debut on Nasdaq New York on May 28, 2026, and SDRs trade on Nasdaq Stockholm. The separation is now effective, marking Octave's operational independence.
Actionable Insight
Monitor Octave's first trading days for price discovery and liquidity. The spin-off unlocks standalone valuation; watch for initial analyst coverage and any early insider trading patterns. The SDR-to-ordinary-share conversion is free for six months, which may create arbitrage opportunities between the two listings.
Key Facts
- Hexagon AB distributed all shares in Octave to its shareholders on April 24, 2026, with record date May 22, 2026.
- Shareholders received one Octave class A ordinary share for every ten Hexagon Series A shares, and one class B ordinary share for every ten Hexagon Series B shares.
- Octave's SDRs trade on Nasdaq Stockholm under ticker 'OCTV SDB'.
- First day of regular-way trading of Octave class B ordinary shares on Nasdaq New York expected May 28, 2026, under ticker 'OCTV'.
- Octave has chosen Ireland as its Home Member State for regulatory purposes.
- Octave has approximately 7,200 employees in 45 countries.
Financial Impact
Spin-off creates a new publicly traded entity; no financial figures for Octave provided in this release.
Risk Factors
- Spin-off execution risk and operational independence challenges.
- Low initial liquidity on Nasdaq New York until institutional positioning stabilizes.
- Potential divergence between SDR and ordinary share prices during the conversion window.
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3300566 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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Jun 4, 2026
1d ago
|
Press Release
| $19.97 $18.71 | ▼ −6.31% | ▼ −3.74% | $18.71 (−6.31%) |
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Jun 4, 2026
1d ago
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Press Release
| $19.97 $18.71 | ▼ −6.31% | ▼ −3.74% | $18.71 (−6.31%) |
|
May 25, 2026
11d ago
|
Press Release
| — | awaiting T+1 | — | — |
US Market Status
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