AdColony payment
Reference is made to the announcement on August 30, 2021 regarding the settlement of AdColony earnout. The second installment of $100 million has been received by Otello today. The final payment of the already fixed earn-out amount of $204.5 million is scheduled for January 15, 2022.
Petter Lade, CFO
Phone: +47 91143878
E-mail: petterl@otellocorp.com