Brief: Paragon Technologies Calls On Ocean Power Technologies To Refrain From Dilutive Equity Issuances, Immediately Announce Significant Cost Cutting Plan
11/08/2023 17:51
Aug 11 (Reuters) - Paragon Technologies:
* PARAGON TECHNOLOGIES - CALLS ON OCEAN POWER TECHNOLOGIES
TO
REFRAIN FROM DILUTIVE EQUITY ISSUANCES, IMMEDIATELY ANNOUNCE
SIGNIFICANT COST CUTTING PLAN
* PARAGON TECHNOLOGIES - OWNS ABOUT 4.0% OF OUTSTANDING
SHARES OF
OCEAN POWER TECHNOLOGIES, INC.
Further company coverage: PGNT.PK
((Reuters.Briefs@thomsonreuters.com;))
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