Ocean Power Technologies Announces $10M Registered Direct Offering

Ocean Power Technologies (OPTT) has announced a registered direct offering of 25 million shares along with common warrants, raising up to $10 million. The funding is intended for general corporate purposes.

By Tiyashi Datta, SA News Editor · Seeking Alpha · June 5, 2026, 12:26 UTC

Ocean Power Technologies Announces $10M Registered Direct Offering

Topics: capital raise equity financing securities purchase agreement

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