Ocean Power Technologies Files 8-K

Ticker: OPTT · Form: 8-K · Filed: Sep 30, 2024 · CIK: 1378140

Sentiment: neutral

Topics: 8-K, filing, corporate-event

Related Tickers: OPTT

TL;DR

OPT files 8-K - check for new events/exhibits.

AI Summary

Ocean Power Technologies, Inc. filed an 8-K on September 25, 2024, reporting an "Other Events" and "Financial Statements and Exhibits" filing. The company, incorporated in Delaware with its principal executive offices in Monroe Township, New Jersey, is involved in the electric services industry.

Why It Matters

This filing indicates a significant corporate event or financial disclosure by Ocean Power Technologies, Inc., requiring investor attention.

Risk Assessment

Risk Level: low — This is a routine filing of corporate information and does not inherently present new risks.

Key Numbers

Key Players & Entities

FAQ

What specific 'Other Events' are being reported by Ocean Power Technologies, Inc. in this 8-K filing?

The provided text does not detail the specific 'Other Events' but indicates their reporting under Item Information.

What financial statements or exhibits are included with this 8-K filing?

The filing indicates 'Financial Statements and Exhibits' are included, but their specific content is not detailed in the provided text.

When was the earliest event reported in this 8-K filing?

The earliest event reported was on September 25, 2024.

Where are the principal executive offices of Ocean Power Technologies, Inc. located?

The principal executive offices are located at 28 Engelhard Drive, Suite B, Monroe Township, New Jersey, 08831.

What is the IRS Employer Identification Number for Ocean Power Technologies, Inc.?

The IRS Employer Identification Number is 22-2535818.

Filing Stats: 479 words · 2 min read · ~2 pages · Grade level 10.1 · Accepted 2024-09-30 16:05:25

Key Financial Figures

Filing Documents

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): September 25, 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 08831 (Address of principal executive offices) ( 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 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-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 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). 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 8.01 Other Events. On September 25, 2024, Ocean Power Technologies, Inc. (the "Company") issued a press release announcing a Memorandum of Understanding with Servio Nacional de Aprendizagem Industrial. A copy of the press release is attached hereto as Exhibit 99.1 and is hereby incorporated by reference. On September 27, 2024, the Company issued a press release announcing that it has shipped multiple WAM-V on a previously announced sole source contract to a department of the U.S. Government. A copy of the press release is attached hereto as Exhibit 99.2 and is hereby incorporated by reference. Item 9.01 Financial Statements and Exhibits. Exhibits 99.1 Press release dated September 25, 2024. 99.2 Press release dated September 27, 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 thereunto duly authorized. Ocean Power Technologies, Inc. Dated: September 30, 2024 /s/ Philipp Stratmann Philipp Stratmann President and Chief Executive Officer

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