Eco Wave Power Global AB (publ) (WAVE) company profile

Eco Wave Power Global AB (publ) develops wave energy conversion technology designed to generate clean electricity from ocean and sea waves. Unlike traditional offshore installations, its proprietary onshore and nearshore systems capture energy from incoming wave motion. Alongside its core energy conversion systems, the company provides ancillary technology services, including feasibility studies for prospective clients, and is developing wave power verification software to monitor and verify production in real time. The company targets agreements with countries, states, and private customers transitioning to renewable energy sources, as well as collaborating research institutions.

The company operates with its principal executive offices located in Tel Aviv, Israel, and maintains incorporation in Sweden. Its operations and project pipeline encompass activities and collaborative agreements across international jurisdictions, including Israel, Europe, the United States, and China, while its securities are traded on the Nasdaq Capital Market in the United States.

Summary of the business section of Eco Wave Power Global AB (publ)'s latest annual report, written by StockData.

“The initial public offering price is $8.00 per ADS.”

Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.

“December 31, 2023, we had 13 full-time employees.”