| Offering Information |
| Expected Date | - |
| Proposed Exchange/Ticker |
Nasdaq: OPTT |
| Security Type |
Common Stock |
| Lead Underwriter |
UBS Investment Bank Banc of America Securities LLC Bear Stearns & Co Inc |
| Days In Registration |
162 |
| Date Filed |
13-Nov-2006 |
| Form Filed | S-1 |
Fundamentals
(Year Ending December 2008) |
| Industry |
Co-generation |
| Business Description |
Ocean Power Technologies Inc, located in Pennington, New Jersey, develops and commercializes proprietary systems that generate electricity by harnessing the renewable energy of ocean waves; They currently offer two products as part of their line of PowerBuoy systems: a utility PowerBuoy system and an autonomous PowerBuoy system. Founded in 1994. |
| Revenue |
$2.5M |
| Net Income |
-$9.6M |
| Shares Outstanding (post-offering) |
10.18M |
| Contact |
- |
| Number of Employees |
- |
|
| Original Filing Information |
| US |
| Shares Filed |
5.0M |
| Secondary Shares Filed | - |
| · As a Percent |
- |
| Primary Shares Filed |
5.0M |
| · As a Percent |
100.0 |
| Overallotment Shares Filed |
750.0K |
| File Amount |
$105.0M |
| File Price Range |
$22.00 - $20.00 |
| File Mid Price |
$21.00 |
Current Filing Information
(Amended 23-Apr-2007) |
|
US |
|
Shares Filed |
5.0M |
| Secondary Shares Filed |
- |
| · As a Percent |
- |
| Primary Shares Filed |
5.0M |
| · As a Percent |
100.0 |
| Overallotment Shares Filed |
- |
| File Amount |
$105.0M |
| · % Change from Original |
0.0 |
| File Price Range |
$22.00 - $20.00 |
| File Mid Price |
$21.00 |
|
