Ocean Power Technologies amends bylaws, corrects advance notice period for 2023 annual meeting

Ocean Power Technologies, Inc.

Bylaws amended effective June 9, 2023; enhanced disclosure requirements for stockholder nominations and proposals, including security clearance checks.
Advance notice period for 2023 annual meeting corrected: must be received between August 16 and September 15, 2023 (not prior erroneous August 10–September 12).
New bylaws incorporate Rule 14a-19 universal proxy requirements; non-compliant nominations will be disregarded.
Removed AIM market notice provision as common stock no longer listed on that exchange.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Ocean Power Technologies, Inc.: Board approved amendments to restate the By-Laws, enhancing procedural mechanics for stockholder nominations and proposals, adding disclosure requirements, questionnaires, and representation agreements (effective 2023-06-09).

Change: bylaw amendment
Effective: 2023-06-09

Exact text from the filing

On June 9, 2023, and immediately effective as of such date, the Board of Directors (the “ Board ”) of Ocean Power Technologies, Inc., a Delaware corporation (the “ Company ”), approved amendments to amend and restate the Company’s By-Laws

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Ocean Power Technologies, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-23-020665

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