Acorn Energy ( (ACFN) ) has provided an announcement.
On March 25, 2025, Acorn Energy entered into a Change in Control Bonus Agreement with its CFO and COO of its OmniMetrix subsidiary, Tracy Clifford. The agreement stipulates that if a Change in Control occurs within a specified period, and Clifford remains in her role, she will receive a cash bonus based on her service duration since December 1, 2019. This move potentially impacts the company’s executive retention strategy and financial commitments during a change in control scenario.
More about Acorn Energy
YTD Price Performance: -13.80%
Average Trading Volume: 2,364
Technical Sentiment Signal: Sell
Current Market Cap: $39.83M
See more data about ACFN stock on TipRanks’ Stock Analysis page.