Ocean power enters into $10 mln common stock purchase agreement with aspire capital fund

Ocean power technologies enters into $10 million common stock purchase agreement with aspire capital fund.ocean power technologies - executed agreement with aspire capital fund to sell up to $10 million in common stock to aspire capital over term of 30 months.ocean power technologies inc - proceeds will be used by opt to build additional pb3 powerbuoys to meet potential market demand.
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