{"url_path":"/sec/optt/8-k/2026-06-29/item-5-03","section_key":"item-5-03","section_title":"Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-29","source_url":"https://www.sec.gov/Archives/edgar/data/1378140/0001493152-26-030434-index.html","accession_number":"0001493152-26-030434","cik":"0001378140","ticker":"OPTT","issuer_name":"Ocean Power Technologies, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1378140/0001493152-26-030434-index.html","primary_entity_key":"0001378140","primary_entity_name":"Ocean Power Technologies, Inc."},"word_count":143,"has_tables":true,"body_markdown":"**Item\n5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.**\n\n \n\nIn\nconnection with the adoption of the Amended and Restated Tax Benefits Preservation Plan described in Item 1.01 above, on June 29, 2026,\nthe Board approved and adopted an Amended and Restated Series A Certificate of Designations to amend and restate the terms of the Series\nA Participating Preferred Stock, including, primarily to increase the number of shares of Series A Participating Preferred Stock designated\ntherein from 100,000 shares to 700,000 shares. The Company intends to file the Amended and Restated Series A Certificate of Designations\nwith the Secretary of State of the State of Delaware on June 29, 2026. A copy of the Amended and Restated Series A Certificate of Designations\nis attached to this Current Report on Form 8-K as Exhibit 3.1 and is incorporated herein by reference."}