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OPTT S-1: Shelf registration

Ocean Power Technologies

Filed with the SEC on · accession 0001493152-26-050261

OPTT filed a S-1 (registration (ipo / new shares)) with the SEC on Nov 5, 2026. Ocean Power Technologies entered into a placement agency agreement with D. The stock moved -14.4% by the first close after the filing.

Summary of the filing

Ocean Power Technologies entered into a placement agency agreement with D. Boral Capital LLC to serve as exclusive placement agent for a best-efforts offering of common stock, pre-funded warrants, and common warrants under an existing S-1 registration statement. The placement agent will receive a 6.0% cash fee on gross proceeds.

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Key details

Placement agent cash fee as percentage of gross proceeds$6
IssuerOcean Power Technologies, Inc.
Exclusive placement agentD. Boral Capital LLC
Acting president and chief executive officerTracy Pagliara

How OPTT stock reacted

Close before

$0.44

Nov 4, 2026

First close after

-14.44%

$0.38

5 trading days

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Since filing

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Frequently asked questions

What did OPTT file with the SEC on Nov 5, 2026?

OPTT filed a S-1 (Shelf registration). Ocean Power Technologies entered into a placement agency agreement with D. Boral Capital LLC to serve as exclusive placement agent for a best-efforts offering of common stock, pre-funded warrants, and common warrants under an existing S-1 registration statement. The placement agent will receive a 6.0% cash fee on gross proceeds.

What does a shelf registration mean for OPTT stock?

New shares dilute existing holders and are often sold at a discount to the market price.

How do I read a S-1?

Registers new shares for sale, often for an IPO. Read "Use of proceeds": what the money is for. Check how many new shares there are versus shares outstanding (dilution).

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A S-1 (registration (ipo / new shares)): Registers new shares for sale, often for an IPO.

How did OPTT stock react to this filing?

OPTT closed at $0.44 before the filing and $0.38 on Nov 5, 2026 (-14.44%).

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