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ACORN ENERGY, INC. (ACFN) Create: Alert

All | News | Filings
Date FiledTypeDescription
07/01/2019 8-K Asset disposition
Docs: "Acorn Completes $2.4M Rights Offering and Repurchases 19% Stake in its OmniMetrix™ Remote Monitoring and Control Subsidiary, Raising its Ownership to 99% Wilmington, DE – July 1, 2019 – Acorn Energy, Inc. , a provider of remote monitoring and control systems and services for generators, pipelines, air compressors and other industrial equipment, today announced that it has successfully completed its Rights Offering, raising $2.4 million in gross proceeds. Acorn also announced that it has utilized a portion of the rights offering proceeds to complete the planned reacquisition of a 19% interest in its OmniMetrix, LLC subsidiary for $1.273 million. The purchase price was based on terms established in November 2015 at the time of the original investment. The purchase raises Acorn’ s OmniM..."
02/14/2018 8-K Asset disposition
Docs: "Acorn Energy Completes DSIT Sale; Providing Funding for Focused IoT Wireless Remote Monitoring and Control Business Acorn to Host Investor Call Thursday, February 15th at 10:00 am ET Wilmington, DE, February 14, 2018 – Acorn Energy, Inc. , announced today that it has completed the sale of its remaining 41.15% interest in DSIT Solutions Ltd. for $5.8 million, before fees and taxes, to an Israeli investor group. Acorn will host a conference call on Thursday, February 15th at 10:00 am ET to review the transaction and the outlook for the Company. Acorn is now a debt-free focused provider of high growth, wireless remote monitoring and control services for critical industrial assets. Net of estimated expenses, including withholding taxes, and the repayment of existing director loans and amounts ..."
10/17/2011 8-K Form 8-K - Current report
09/02/2011 8-K Form 8-K - Current report

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