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EX-99.1 - EXHIBIT 99.1 - Ocean Power Technologies, Inc.ex99-1.htm

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): March 10, 2016

 

OCEAN POWER TECHNOLOGIES, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware

 

001-33417

 

22-2535818

(State or other Jurisdiction of Incorporation)

 

(Commission File Number)

 

(IRS Employer Identification No.)

 

1590 Reed Road

Pennington, NJ

 

08534

 

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant's telephone number, including area code: (609) 730-0400

 

 

(Former name or former address if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

   
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 
 

 

 

Item 8.01

Other Events

 

On March 10, 2016, Ocean Power Technologies, Inc. issued a press release announcing that it had entered into a letter of intent with Mitsui Engineering and Shipbuilding for application engineering services and potentially its first PowerBuoy® lease. A copy of such press release is filed as Exhibit 99.1 to this Form 8-K.

 

 

 

Item 9.01

Financial Statements and Exhibits

 

(d) Exhibits

 

99.1 Press release issued by the Company dated March 10, 2016.

 

 
 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

OCEAN POWER TECHNOLOGIES, INC.

 

 

 

 

 

 

 

 

 

Date: March 10, 2016 By: /s/MARK A. FEATHERSTONE  
    Mark A. Featherstone  
    Chief Financial Officer