Form 8-K Ocean Power Technologies For: Jun 29

Go back to Form 8-K Ocean Power Technologies For: Jun 29

Ocean Power Technologies extends its tax benefits preservation plan to 2029

June 29, 2026 9:09 AM EDT

Ocean Power Technologies (NYSE: OPTT) amended and restated its Section 382 Tax Benefits Preservation Plan on June 29, 2026, extending the plan's expiration from June 29, 2026 to June 29, 2029, according to a company statement.

The board of directors unanimously approved the amended plan, which is designed to protect the company's net operating losses and other tax attributes from being limited under... More