Ocean Power Technologies Prices $3 Million Public Offering

• Ocean Power Technologies priced a best-efforts public offering of 6,000,000 common shares, expecting gross proceeds of $3 million before fees and expenses.
• The offering includes common warrants to purchase up to 6,000,000 common shares.
• Warrants carry an exercise price of $0.50 per share and expire five years from issuance.
• Closing is expected on or about November 16, 2026, subject to customary closing conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ocean Power Technologies Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611130827PRIMZONEFULLFEED9877186) on November 13, 2026, and is solely responsible for the information contained therein.