Ocean Power Technologies Files 8-K

TL;DR

OPT files 8-K for shareholder vote & financials. Details TBD.

AI Summary

Ocean Power Technologies, Inc. filed an 8-K on August 30, 2024, reporting on the submission of matters to a vote of security holders and financial statements and exhibits. The filing does not contain specific details on the vote or financial figures within the provided text.

Why It Matters

This 8-K filing indicates that Ocean Power Technologies is submitting matters for a security holder vote and providing financial statements, which are key events for transparency and corporate governance.

Risk Assessment

Risk Level: low — The filing is a routine 8-K reporting on standard corporate actions and does not indicate immediate financial distress or significant operational changes.

Key Players & Entities

• Ocean Power Technologies, Inc. (company) — Registrant
• August 30, 2024 (date) — Date of earliest event reported
• 28 Engelhard Drive, Suite B Monroe Township, New Jersey (location) — Business Address

FAQ

Key Financial Figures

• $0.001 — nge on which registered Common Stock, $0.001 Par Value OPTT NYSE American Seri

Filing Documents

• form8-k.htm (8-K) — 40KB
• ex3-1.htm (EX-3.1) — 8KB
• 0001493152-24-034583.txt ( ) — 267KB
• optt-20240830.xsd (EX-101.SCH) — 4KB
• optt-20240830_def.xml (EX-101.DEF) — 29KB
• optt-20240830_lab.xml (EX-101.LAB) — 36KB
• optt-20240830_pre.xml (EX-101.PRE) — 26KB
• form8-k_htm.xml (XML) — 5KB

From the Filing

UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 8-K Current Report Pursuant to Section 13 or 15(d) of the Securities Act of 1934 Date of Report (Date of earliest event reported): August 30, 2024 Ocean Power Technologies, Inc . (Exact name of registrant as specified in its charter) Delaware 001-33417 22-2535818 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 28 Engelhard Drive , Suite B Monroe Township , New Jersey (Address of principal executive offices) 08831 (Zip Code) (609) 730-0400 (Registrant's telephone number, including area code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CRF 240.133-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol (s) Name of each exchange on which registered Common Stock, $0.001 Par Value OPTT NYSE American Series A Preferred Stock Purchase Rights N/A NYSE American Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 5.07 Submission of Matters to a Vote of Security Holders. A Special Meeting of Stockholders (the " Special Meeting ") of Ocean Power Technologies, Inc. (the " Company "), was held on August 30, 2024. The voting results reported herein are the final, certified voting results for each proposal presented at the Special Meeting. At the Special Meeting, the following proposal was voted on by the stockholders of the Company: to approve an amendment to the Company's Certificate of Incorporation to increase the number of authorized shares of common stock, par value $.001 per share, from 100,000,000 to 200,000,000. The results of the voting were as follows: Number of Votes Voted For Number of Votes Voted Against Number of Votes Abstaining 23,072,754 12,195,824 320,826 Item 9.01 Exhibits. 3.1 Certificate of Amendment to Certificate of Incorporation of the Company, filed with the Secretary of State of the State of Delaware on August 30, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: August 30, 2024 OCEAN POWER TECHNOLOGIES, INC. /s/ Philipp Stratmann Philipp Stratmann President and Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR