secwatch.observer — SEC 8-K summary
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Issuer:     Ocean Power Technologies, Inc. (OPTT)
CIK:        0001378140
Form:       8-K
Filed at:   2026-07-27T21:28:24+00:00
Accession:  0001493152-26-034862
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ocean Power Technologies enters $20M at-the-market equity offering with H.C. Wainwright
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- Up to $20M of common stock may be sold at market prices through H.C. Wainwright as sales agent.
- Commission of 3.0% of gross proceeds; Wainwright reimbursed up to $50K in expenses.
- Shares sold under existing S-3 shelf registration (File No. 333-275843) effective Dec 12, 2023.
- No obligation to sell; sales at the Company's discretion based on market conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1378140/000149315226034862/0001493152-26-034862-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1378140/000149315226034862/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-034862

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer