Paragon calls out opt's shameless and desperate campaign of entrenchment; urges shareholders to carefully evaluate opt's track record of dishonesty

Easton, pa / accesswire / january 25, 2024 / paragon technologies, inc. ("paragon"), a diversified holding company, owning approximately 4.8% of the outstanding shares of ocean power technologies, inc. (nyse american:optt), ("company") ("opt"), is urging shareholders to carefully evaluate opt's track record of dishonesty and vote paragon's blue proxy card to send a message to the opt board. paragon believes that the opt board has conducted the most shameless and desperate campaign of entrenchment, instead of fulfilling their duties to shareholders to conduct a fair and lawful annual meeting.
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