Ocean Power Technologies, Inc. — Form S-1
Filed August 25, 2026 · analyzed by the Registration Agent
S-1
— Neutral
significance 58/100
What the filing says
Ocean Power Technologies acquired certain assets from Columbia Power Technologies, Inc. on July 22, 2026, issuing 10,984,848 shares of common stock as consideration. The seller, Columbia Power Acquisition, Inc., now owns 4.0% of OPTT's 270.1M outstanding shares (valued at ~$2.07M at the $0.1885 August 20, 2026 closing price). This Form S-1 registers those shares for resale; OPTT receives no proceeds and bears registration costs (~$56K).
Why this rating
Meaningful 4% equity dilution to existing shareholders in a micro-cap; asset acquisition is real but modest relative to company size and no cash outlay. Going-concern risk noted in audit opinion is more material than this deal.
Extracted items
- 2.02 results / earnings
- 7.01 Reg FD disclosure
- 9.01 exhibits
See more from August 25, 2026.
EDGAR·FLOW summarizes public SEC EDGAR filings with automated analysis. Materiality scores and stock-impact predictions are algorithmically generated and are not investment advice. Always verify against the source filing on SEC.gov.