MoatScopeOctave Intelligence plcOCTV
Spin-off from Hexagon AB (HEXA-B) · May 22, 2026 · Nasdaq Stockholm (US OTC line)
one Octave ordinary share for every ten Hexagon Class B shares (Class A holders received Octave Class A shares pro rata)
Documents
Both companies today
Not in MoatScope's coverage yet — numbers appear once the shares trade and the first filings land.
Moat ratings, quality scores and fair value estimates are MoatScope research opinions and refresh with the data pipeline. Price / FV below 1.00× means the shares trade under our base-case estimate.
What is being separated
Octave Intelligence combines Hexagon's Asset Lifecycle Intelligence, Safety, Infrastructure & Geospatial, ETQ and Bricsys software businesses — engineering, asset-management and design software — as a Stockholm-listed company with a US over-the-counter line. Hexagon keeps its measurement technologies: metrology, reality capture and positioning.
Stated rationaleHexagon says the two businesses will be better positioned to pursue their own missions, adapt to market dynamics and form partnerships as separate companies.
The four questions
Not investment advice. Terms are as stated in the latest filing; spin-off shares are often thinly covered and volatile in their first months.