Ocean Power Technologies issues $6.5 million in new convertible notes

Investing.comTuesday, October 7, 2025 at 10:24:02 AM
Ocean Power Technologies issues $6.5 million in new convertible notes
Ocean Power Technologies has announced the issuance of $6.5 million in new convertible notes, a move that signals confidence in their innovative approach to harnessing ocean energy. This funding is crucial as it will support the company's ongoing projects and research, potentially leading to advancements in renewable energy solutions. Investors are likely to view this as a positive step towards sustainable energy development.
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