secwatch.observer — SEC 8-K summary
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Issuer:     Ocean Power Technologies, Inc. (OPTT)
CIK:        0001378140
Form:       8-K
Filed at:   2025-05-01T23:59:59+00:00
Accession:  0001641172-25-008095
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OPT shareholders approve share increase to 300M; ships WAM-V for Indo-Pacific and Merrows PowerBuoy
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- Shareholders approved increase in authorized common shares from 200M to 300M; 48.1M for, 23.9M against, 1.3M abstain.
- Shipped a WAM-V 22' autonomous vessel for Indo-Pacific operations after a successful 3-day continuous survey demo.
- Shipped a Merrows PowerBuoy for defense/security applications under a teaming agreement with a major international defense contractor.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1378140/000164117225008095/0001641172-25-008095-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1378140/000164117225008095/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-008095

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