---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-020665"
form_type: "8-K"
ticker: "OPTT"
cik: "0001378140"
company_name: "Ocean Power Technologies, Inc."
filed_at: "2023-06-09T23:59:59+00:00"
generated_at: "2026-06-14T03:38:23.005654+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-23-020665
- form_type: 8-K
- ticker: OPTT
- cik: 0001378140
- company_name: Ocean Power Technologies, Inc.
- filed_at: 2023-06-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1378140/000149315223020665/0001493152-23-020665-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1378140/000149315223020665/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-020665
- JSON: https://secwatch.observer/filing/0001493152-23-020665.json
- Plain text: https://secwatch.observer/filing/0001493152-23-020665.txt

## Key facts
- Governance Changes
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1378140/000149315223020665/0001493152-23-020665-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.