Business Context and Reporting Period
Company: Ocean Power Technologies, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: June 23, 2021
Reporting Period: Event date of June 23, 2021
Key Financial Metrics
This filing is a current report regarding a corporate event and does not contain financial statements. The filing text does not provide values for revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes
The material change reported is the Company's addition to the Russell Microcap Index, effective after the stock market opens on June 28, 2021.
Guidance, Outlook, and Risks
Management Commentary: The Company issued a press release (Exhibit 99.1) announcing the index inclusion.
Guidance and Risks: The filing text does not provide updated financial guidance, outlook, specific risk factors, or contingencies beyond the index addition event.
Investor Verification Checklist
- Verify the effective date of the Russell Microcap Index inclusion (June 28, 2021).
- Review the full text of the press release filed as Exhibit 99.1 for additional context.
- Confirm the Company's current trading symbol (OPTT) on the NYSE American.