Octave Intelligence spin-off from Hexagon set for May 22 distribution after SEC approval
Octave Intelligence plc filed an 8-K saying the SEC declared its Form 10 registration effective on May 12, 2026. Hexagon AB plans to distribute all of Octave's shares to Hexagon shareholders, with the distribution expected on May 22, 2026. The filing gives no financial results, so shareholders can judge the separation mainly from the share distribution terms and trading schedule.
Key points
- Distribution ratio: one Octave Class A share for every ten Hexagon Class A shares, and one Octave Class B share for every ten Hexagon Class B shares, held on the May 22, 2026 record date
- Non-affiliate Hexagon Class B holders receive Octave SDRs on Nasdaq Stockholm, each representing one Octave Class B share
- Expected trading: when-issued on Nasdaq New York May 21, 2026; regular-way on Nasdaq Stockholm May 25, 2026; regular-way on Nasdaq New York May 28, 2026
- Businesses being separated include Asset Lifecycle Intelligence, Safety, Infrastructure & Geospatial, ETQ and Bricsys
The filing
Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 12, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.