Acorn Energy, Inc. Acquires Remaining OMX Interest via Stock Swap

What Happened Acorn Energy, Inc. announced on August 17, 2026 (Form 8‑K) that it entered an agreement with Walter Czarnecki, the former CEO of its OmniMetrix, LLC subsidiary, to exchange the 100 shares of Series A preferred stock of OMX Holdings, Inc. (OMX) held by Mr. Czarnecki for 25,096 newly issued shares of Acorn common stock. OMX is the holding company that owns 100% of OmniMetrix. Following the exchange, Acorn owns 100% of the outstanding shares of OMX.

Key Details

• Transaction date: August 17, 2026 (reported on Form 8‑K).
• Shares exchanged: 100 shares of OMX Series A preferred stock (representing 1% of OMX) for 25,096 newly issued Acorn common shares (approximately 1% of Acorn’s shares outstanding immediately prior to the transaction).
• Counterparty: Walter Czarnecki, former CEO of OmniMetrix.
• Result: Acorn holds 100% of OMX, consolidating ownership of its OmniMetrix subsidiary.

Why It Matters This transaction completes Acorn’s acquisition of the remaining interest in OMX by issuing a modest number of new common shares (25,096). For investors, the deal is a small dilution to Acorn’s share count (about 1% based on pre‑transaction outstanding shares) but simplifies the company’s ownership structure by consolidating control of OmniMetrix under Acorn. The filing is procedural (an 8‑K disclosure of the agreement) and contains no additional financial terms or earnings impacts beyond the share exchange.