Ocean power technologies board postpones annual meeting after failing to obtain enough shareholder support to achieve a quorum; vote paragons' blue proxy now to save opt

Easton, pa / accesswire / february 1, 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"), today issues the following statement to opt shareholders: this morning, opt postponed its annual meeting due to opt's inability to obtain a quorum. opt's failure to obtain a quorum for its "2023" annual meeting reflects disapproval from shareholders related to opt's financial results and board actions.
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