---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-26-006603"
form_type: "8-K"
ticker: "CPWR"
cik: "0000827099"
company_name: "Ocean Thermal Energy Corp"
filed_at: "2026-07-10T12:31:40+00:00"
generated_at: "2026-07-10T12:35:05.433549+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Ocean Thermal Energy sells two Series E Preferred shares for $20k, authorizes up to 150 shares

## Summary
- Sold two Series E Preferred shares at $10,000 each to two private investors, exempt under Section 4(a)(2) and Regulation D.
- Board authorized up to 150 Series E Preferred shares with $10,000 liquidation value and 8% cumulative dividend payable in cash or common stock.
- Conversion triggers: PPA or commercial contract, change of control, or significant public offering; conversion at 0.5x 10-day VWAP.
- Company may redeem Preferred Shares after two years; limited voting rights on senior shares, term changes, redemption, or bankruptcy.
- Proceeds to fund operations and strengthen balance sheet.

## SEC filing metadata
- accession: 0001654954-26-006603
- form_type: 8-K
- ticker: CPWR
- cik: 0000827099
- company_name: Ocean Thermal Energy Corp
- filed_at: 2026-07-10T12:31:40+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 3.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/827099/000165495426006603/0001654954-26-006603-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/827099/000165495426006603/cpwr_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-26-006603
- JSON: https://secwatch.observer/filing/0001654954-26-006603.json
- Plain text: https://secwatch.observer/filing/0001654954-26-006603.txt

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