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Ocean Power Technologies (NASDAQ: OPTT) details Q1 update and new U.S. partnership

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Ocean Power Technologies, Inc. filed a current report to share two recent announcements. The company issued a press release with its financial results for the fiscal first quarter ended July 31, 2025, which is furnished as Exhibit 99.1 and not treated as filed under securities laws. On the same date, the company also announced a new U.S. strategic partnership in a separate press release, furnished as Exhibit 99.2. Together, these items update investors on recent operating performance and a new strategic relationship without changing the company’s existing reporting obligations.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

Form 8-K

 

Current Report Pursuant to Section 13 or 15(d) of
the Securities Act of 1934

 

Date of Report (Date of earliest event reported): September 15, 2025

 

Ocean Power Technologies, Inc.
(Exact name of registrant as specified in its charter)

 

Delaware

  001-33417  

22-2535818

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

28 Engelhard Drive, Suite B

Monroe Township, New Jersey

 

08831

(Address of principal executive offices)  

(Zip Code)

 

(609) 730-0400
(Registrant’s telephone number, including area code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
     
  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
     
  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14-2(b))
     
  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CRF 240.133-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol (s)   Name of each exchange on which registered
Common Stock, $0.001 Par Value   OPTT   NYSE American
Series A Preferred Stock Purchase Rights   N/A   NYSE American

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐

 

 

 

 

 

 

Item 2.02. Results of Operations and Financial Condition.

 

On September 15, 2025, Ocean Power Technologies, Inc. (the “Company”) issued a press release announcing its financial results for its fiscal first quarter ended July 31, 2025. A copy of the press release is furnished as Exhibit 99.1 to this report and is incorporated herein by reference.

 

In accordance with General Instruction B.2 of Form 8-K, the information set forth in Item 2.02 and in the attached Exhibit 99.1 shall be deemed to be “furnished” and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended.

 

Item 8.01 Other Events.

 

On September 15, 2025, the Company issued a press release announcing a new U.S. strategic partnership. A copy of the press release is attached hereto as Exhibit 99.2 and is hereby incorporated by reference.

 

Item 9.01 Financial Statements and Exhibits.

 

Exhibit Number   Description
     
*99.1   Press release dated September 15, 2025 regarding fiscal first quarter earnings.
*99.2   Press release dated September 15, 2025 regarding a strategic partnership.
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

*Furnished herewith.

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: September 16, 2025

 

  OCEAN POWER TECHNOLOGIES, INC.
   
  /s/ Philipp Stratmann
  Philipp Stratmann
  President and Chief Executive Officer

 

 

 

FAQ

What did Ocean Power Technologies (OPTT) report in this 8-K?

Ocean Power Technologies reported that it issued two press releases: one with financial results for its fiscal first quarter ended July 31, 2025 (Exhibit 99.1), and another announcing a new U.S. strategic partnership (Exhibit 99.2).

Which period do the latest Ocean Power Technologies results cover?

The financial results discussed in the press release furnished with this report cover Ocean Power Technologies’ fiscal first quarter ended July 31, 2025.

How are the earnings details treated for regulatory purposes in this OPTT filing?

The information in Item 2.02 and Exhibit 99.1 is deemed “furnished” rather than “filed” under Section 18 of the Securities Exchange Act of 1934, which affects how liability standards apply.

What is the strategic partnership mentioned by Ocean Power Technologies?

The report states that Ocean Power Technologies announced a new U.S. strategic partnership in a press release dated September 15, 2025, which is included as Exhibit 99.2. Specific terms are not detailed in this excerpt.

Who signed the Ocean Power Technologies 8-K?

The report was signed on behalf of Ocean Power Technologies, Inc. by Philipp Stratmann, the company’s President and Chief Executive Officer.

Where is Ocean Power Technologies headquartered?

Ocean Power Technologies’ principal executive offices are located at 28 Engelhard Drive, Suite B, Monroe Township, New Jersey 08831.

Ocean Power Tech

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