Certain Common Stock of Ocean Power Technologies, Inc. are subject to a Lock-Up Agreement Ending on 22-JAN-2018. These Common Stock will be under lockup for 90 days starting from 24-OCT-2017 to 22-JAN-2018. Details: The company's executive, officers, and directors who are up for re-election at our 2017 annual meeting of stockholders on October 20, 2017, will enter into lock-up agreements that prevent them from selling any shares of our common stock or any securities convertible into or exercisable or exchangeable for shares of our common stock for a period of 90 days from the date of this prospectus supplement without the prior written consent of the Aegis Capital Corp.