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Ocean Power Technologies Files Prospectus Registering Resale Of 366,162 Shares Issued In June 2026 Acquisition

Benzinga·09/25/2026 20:49:33
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OCEAN POWER TECHNOLOGIES, INC.

 

 

 

 

366,162 Shares of Common Stock

 

 

 

 

The selling stockholders identified in this prospectus (which term as used in this prospectus includes their respective partners, pledgees, donees (including charitable organizations), transferees or other successors-in-interest) may offer this common stock from time to time through public or private transactions at prevailing market prices, at prices related to prevailing market prices or at privately negotiated prices.

 

The shares of common stock registered under the registration statement of which this prospectus forms a part include 366,162 shares issued as consideration in an acquisition in June 2026.

 

Although we will incur expenses in connection with the registration of the securities, we will not receive any of the proceeds from the sale of the shares of common stock by the selling stockholders.

 

Our common stock is quoted on the NYSE American under the symbol "OPTT." The last reported sale price of our common stock on September 22, 2026 was $2.12 per share.