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Ocean Power Technologies, Inc. is changing the rules for its shareholders.

New sharesRead the original at sec.gov
Neutral

OPTT approved a 1-for-30 reverse stock split that will cut the share count to about 9.1 million and proportionally adjust rights and option terms; the filing does not change business operations.

OPTT · Ocean Power Technologies, Inc.

AI read · Neutral

The AI's read

OPTT filed to implement a 1-for-30 reverse stock split effective Sept 11, 2026. The filing only changes share counts and adjusts rights and option terms, without changing operations, so I read it as neutral.

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