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Ocean Power

$6.02

-0.46 (-7.10%)

08:02
10/10/16
10/10
08:02
10/10/16
08:02

Ocean Power files to sell 2.5M shares of common stock

Ocean Power intends to use the net proceeds from this offering for general corporate purposes, which may include additional development, testing and demonstrations of its PowerBuoy system with the goal of furthering and accelerating its commercialization efforts and expanding its sales and marketing functions. Roth Capital Partners, LLC and Maxim Group LLC are acting as representatives of the underwriters.

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