Filed October 28, 2026 · OPTT
On October 28, 2026, Ocean Power Technologies, Inc. (OPTT) filed 8-K, Item 4.01. The company reported that its independent auditor resigned, was dismissed or declined to stand again.
The company's filing says there were no disagreements with the former accountant.
Item 4.01 of a current report (Form 8-K) is where a listed company says that its independent accountant resigned, declined to stand for re-appointment or was dismissed. The company must say whether there were any disagreements with the accountant or reportable events, and the former accountant files a letter saying whether it agrees with what the company wrote.
A change of auditor is often routine: a cost decision, a rotation, a merger of audit firms or a move to a firm that fits the company's size. It draws attention when the filing reports a disagreement or a reportable event, when the auditor resigned rather than being replaced, or when the change comes close to a reporting deadline.
An auditor change on its own does not show that anything is wrong with the company's accounts. Read the company's own words and the former auditor's letter before drawing any conclusion.
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See a sample reportNot investment advice. Every fact on this page is from the filing it links to; the general meaning of each kind of filing is explained, and nothing here forecasts what the company does next.
