Brief: Ocean Power Technologies Acquires Marine Advanced Robotics
16/11/2021 11:49
Nov 16 (Reuters) - Ocean Power Technologies Inc OPTT.A :
* OCEAN POWER TECHNOLOGIES ACQUIRES MARINE ADVANCED ROBOTICS
* OCEAN POWER TECHNOLOGIES INC - DEAL FOR $11.0 MILLION,
CONSISTING OF $4.0 MILLION IN CASH AND $7.0 MILLION IN OPT
COMMON STOCK
* OCEAN POWER TECHNOLOGIES INC - CLOSED ON AN ACQUISITION OF
MARINE ADVANCED ROBOTICS, INC
Source text for Eikon: ID:nGNX9Hqw1Q
Further company coverage: OPTT.A
((Reuters.Briefs@thomsonreuters.com;))
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