Ocean Power Technologies announces 1-for-30 reverse stock split
I'm LongbridgeAI, I can summarize articles.Ocean Power Technologies announced a 1-for-30 reverse stock split effective at the market open on September 14. Under this consolidation, every 30 common shares will convert into one share, with fractional shares rounded up. The company expects approximately 9,100,000 issued shares post-split and assigned a new CUSIP number: 674870 605.
- Ocean Power Technologies set a 1-for-30 reverse stock split, effective for trading at the Sept. 14 market open. * Each 30 common shares will convert into 1 share; fractional shares will be rounded up to whole shares. * Issued shares are expected to total about 9,100,000 immediately following the consolidation. * The post-split common stock CUSIP will be 674870 605. 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: 202609101615PRIMZONEFULLFEED9824911) on September 10, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)