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Friday, 06/30/2023 12:17:35 PM

Friday, June 30, 2023 12:17:35 PM

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Link to Form 8-A: https://www.sec.gov/Archives/edgar/data/1378140/000149315223023009/form8-a12b.htm

Item 1. Description of Registrant’s Securities to be Registered.

On June 29, 2023, the Board of Directors (the “Board”) of Ocean Power Technologies, Inc., a Delaware corporation (the “Company”), approved and adopted a Section 382 Tax Benefits Preservation Plan, dated as of June 29, 2023, by and between the Company and Computershare Trust Company, N.A., a federally chartered trust company, as Rights Agent (the “Tax Benefits Preservation Plan” or the “Plan”). Pursuant to the Tax Benefits Preservation Plan, the Board declared a dividend of one preferred share purchase right (each, a “Right”) for each outstanding share of common stock, par value $0.001, of the Company (the “Common Stock”). The dividend is distributable to stockholders of record as of the close of business on July 11, 2023 (the “Record Date”).

Click above link to read the rest of the filing…

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