{"filing":{"accession_number":"0001493152-26-038739","cik":"0001378140","ticker":"OPTT","company_name":"Ocean Power Technologies, Inc.","form":"8-K","filing_date":"2026-08-17","report_date":"2026-08-17","primary_document":"form8-k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1378140/000149315226038739/form8-k.htm"},"events":[{"id":28237,"run_id":25818,"accession_number":"0001493152-26-038739","anchor_item_number":"8.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.85,"summary":"Ocean Power Technologies announced that its Board of Directors has initiated a review of strategic alternatives with the goal of maximizing stockholder value, retaining Bowen, Inc. as financial advisor. The press release explicitly states the Board will \"consider a full range of potential alternatives\" including those that could \"accelerate growth, expand market access and strengthen financial position.\" While no definitive transaction has been approved, the initiation of a formal strategic review process—particularly one involving a financial advisor and explicitly contemplating M\u0026A-type alternatives—constitutes a material disclosure of potential M\u0026A activity that would affect a reasonable investor's assessment of the company's future direction and value.","company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","filing_date":"2026-08-17","form":"8-K","submitted_at":null,"items":[{"id":30115,"accession_number":"0001493152-26-038739","item_number":"8.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.85,"reasoning":"Ocean Power Technologies announced that its Board of Directors has initiated a review of strategic alternatives with the goal of maximizing stockholder value, retaining Bowen, Inc. as financial advisor. The press release explicitly states the Board will \"consider a full range of potential alternatives\" including those that could \"accelerate growth, expand market access and strengthen financial position.\" While no definitive transaction has been approved, the initiation of a formal strategic review process—particularly one involving a financial advisor and explicitly contemplating M\u0026A-type alternatives—constitutes a material disclosure of potential M\u0026A activity that would affect a reasonable investor's assessment of the company's future direction and value.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-17T20:07:10.487136+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":30115,"accession_number":"0001493152-26-038739","item_number":"8.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.85,"reasoning":"Ocean Power Technologies announced that its Board of Directors has initiated a review of strategic alternatives with the goal of maximizing stockholder value, retaining Bowen, Inc. as financial advisor. The press release explicitly states the Board will \"consider a full range of potential alternatives\" including those that could \"accelerate growth, expand market access and strengthen financial position.\" While no definitive transaction has been approved, the initiation of a formal strategic review process—particularly one involving a financial advisor and explicitly contemplating M\u0026A-type alternatives—constitutes a material disclosure of potential M\u0026A activity that would affect a reasonable investor's assessment of the company's future direction and value.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-17T20:07:10.487136+00:00","company_name":"Ocean Power Technologies, Inc.","ticker":"OPTT","filing_date":"2026-08-17"}]}