Welcome to our dedicated page for Ocean Power Technologies SEC filings (Ticker: OPTT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Ocean Power Technologies filings document material events for an operating company commercializing marine power, data, autonomous surface vessel and maritime domain awareness systems. Recent 8-K reports cover securities purchase agreements for convertible notes, product and program updates involving PowerBuoy® and WAM-V® systems, preliminary operating results, Regulation FD communications, and press releases tied to government and commercial maritime deployments.
The filing record also includes governance and capital-structure disclosures, including equity incentive plan amendments, annual meeting voting results, common stock issuance mechanics, note conversion terms, covenants, interest provisions and beneficial ownership caps. These documents formalize OPTT disclosures on financing, stockholder votes, executive-compensation plans, operational updates, customer programs, and public-company reporting obligations.
Ocean Power Technologies, Inc. filed a current report describing three recent company announcements. On August 14, 2025, management provided testimony before the New Jersey Legislature, and the company issued a press release about this appearance.
On August 18, 2025, the company announced the opening of a new office in Washington, D.C., reflecting an expansion of its physical presence. On August 19, 2025, it issued another press release about an upgrade to one of its products. Copies of all three press releases are included as exhibits to the report.
Ocean Power Technologies entered an at-the-market sales agreement with Ladenburg Thalmann to offer up to $40,000,000 of common stock. Ladenburg will act as sales agent, executing sales consistent with the companys instructions and market conditions and receiving a 3.00% commission on gross proceeds; it is not obligated to buy shares as principal. Shares will be issued under the companys effective Form S-3 shelf registration and a prospectus supplement was filed in connection with the program.
The company terminated its prior ATM agreement with A.G.P./Alliance Global Partners; under that prior program it sold approximately $18 million of common stock and the termination carried no penalties. The arrangement provides a flexible mechanism to raise capital, while actual proceeds will depend on market conditions and the companys capital needs.
Ocean Power Technologies, Inc. (OPTT) filed a prospectus supplement dated August 8, 2025 to sell up to $40,000,000 of common stock through an at-the-market program with Ladenburg Thalmann & Co. Inc. The offering may be conducted from time to time at prevailing market prices; Ladenburg will act as sales agent for a 3.0% commission. The last reported sale price on the NYSE American was $0.52 per share on August 5, 2025.
The company says net proceeds may be used for sales and marketing, product development, corporate development including M&A, working capital, capital expenditures, and debt repayment, although management retains broad discretion. Pro forma figures show net tangible book value rising to $0.24 per share after the offering, which would increase existing stockholders' net tangible book value by $0.12 per share while new investors would incur immediate dilution of $0.28 per share.