---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-017184"
form_type: "8-K"
ticker: "OPTT"
cik: "0001378140"
company_name: "Ocean Power Technologies, Inc."
filed_at: "2025-10-07T23:59:59+00:00"
generated_at: "2026-05-17T04:25:02.847262+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Ocean Power Technologies issues additional $6.5M in convertible notes

## Summary
- On Oct 7, 2025, issued $6.5M in additional Series B Convertible Notes under existing Securities Purchase Agreement.
- Total principal issued to date under the $25M facility is $16.5M ($10M in May + $6.5M).
- Notes are convertible into common stock (OPTT) at terms described in the earlier agreement.
- Notes sold in a takedown from effective shelf registration statement (File No. 333-275843).

## SEC filing metadata
- accession: 0001493152-25-017184
- form_type: 8-K
- ticker: OPTT
- cik: 0001378140
- company_name: Ocean Power Technologies, Inc.
- filed_at: 2025-10-07T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1378140/000149315225017184/0001493152-25-017184-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1378140/000149315225017184/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-017184
- JSON: https://secwatch.observer/filing/0001493152-25-017184.json
- Plain text: https://secwatch.observer/filing/0001493152-25-017184.txt

## Key facts
- Debt Financings
  Ocean Power Technologies, Inc. incurred convertible notes of $6,500,000 of additional Notes with certain institutional investors.
  - Instrument: convertible notes
  - Principal: $6,500,000 of additional Notes
  - Counterparty: certain institutional investors
  - Event: incurrence
  source text: On October 7, 2025, the Company issued and sold to the Investors $6,500,000 of additional Notes.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1378140/000149315225017184/0001493152-25-017184-index.htm

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