Ocean Power Technologies Files 8-K

Ticker: OPTT · Form: 8-K · Filed: Oct 17, 2024 · CIK: 1378140

Sentiment: neutral

Topics: 8-K, SEC Filing, Corporate Event

Related Tickers: OPTT

TL;DR

OPT filed an 8-K on 10/14, check for details.

AI Summary

Ocean Power Technologies, Inc. filed an 8-K on October 17, 2024, reporting an event that occurred on October 14, 2024. The filing is a current report pursuant to Section 13 or 15(d) of the Securities Act of 1934, with no specific details on the nature of the event provided in the excerpt.

Why It Matters

This filing indicates a significant event has occurred for Ocean Power Technologies, Inc., requiring disclosure to the SEC and investors.

Risk Assessment

Risk Level: low — The filing is a standard 8-K current report, and the provided excerpt lacks specific details to assess immediate risk.

Key Numbers

Key Players & Entities

FAQ

What specific event triggered this 8-K filing for Ocean Power Technologies, Inc. on October 14, 2024?

The provided excerpt does not specify the nature of the event that triggered the 8-K filing on October 14, 2024.

What is the primary business of Ocean Power Technologies, Inc. based on the SIC code?

Ocean Power Technologies, Inc. is classified under ELECTRIC SERVICES [4911] according to its Standard Industrial Classification code.

In which state was Ocean Power Technologies, Inc. incorporated?

Ocean Power Technologies, Inc. was incorporated in Delaware.

What is the fiscal year end for Ocean Power Technologies, Inc.?

The fiscal year end for Ocean Power Technologies, Inc. is April 30.

What is the principal business address of Ocean Power Technologies, Inc.?

The principal business address is 28 Engelhard Drive, Suite B, Monroe Township, New Jersey 08831.

Filing Stats: 449 words · 2 min read · ~1 pages · Grade level 10.3 · Accepted 2024-10-16 18:39:15

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): October 14, 2024 Ocean Power Technologies, Inc. (Exact name of registrant as specified in its charter) Delaware 001-33417 22-2535818 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) 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 October 14, 2024, Ocean Power Technologies, Inc. (the "Company") issued a press release announcing appointment of an authorized service provider in Kuwait. A copy of the press release is attached hereto as Exhibit 99.1 and is hereby incorporated by reference. On October 16, 2024, the Company issued a press release announcing shipment of a WAM-V Unmanned Surface Vehicle to the UAE. Item 9.01 Financial Statements and Exhibits. Exhibits 99.1 Press release dated October 14, 2024. 99.2 Press release dated October 16, 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: October 17, 2024 /s/ Philipp Stratmann Philipp Stratmann President and Chief Executive Officer

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