PARAGON TECHS INC. PGNT overview

EASTON, PA / ACCESSWIRE / August 9, 2024 / Paragon Technologies, Inc. (OTC PINK:PGNT), a holding company, announced its results for the three and six months ended June 30, 2024, on August 9, 2024. Paragon Technologies, Inc.'s Consolidated Statement of Operations for the three and six months ended June 30, 2024 and 2023 are summarized below. For further detail on our results, shareholders should carefully review our quarterly report, which can be found at www.pgntgroup.com . Analysis of Results...

EASTON, PA / ACCESSWIRE / July 26, 2024 / Paragon Technologies, Inc. ("Paragon"), a diversified holding company and a large shareholder of Ocean Power Technologies, Inc. (NYSE American:OPTT), ("Company" or "OPT"), issues the following statement to OPT shareholders: On July 5, OPT filed a proxy statement calling for a special meeting of shareholders on August 30, 2024, asking shareholders to approve increasing the Company's authorized shares to 200 million, up from 100 million. On July 25, 2025,...

EASTON, PA / ACCESSWIRE / June 7, 2024 / Paragon Technologies, Inc. ("Paragon"), a diversified holding company and a large shareholder of Ocean Power Technologies, Inc. (NYSE American:OPTT), ("Company" or "OPT"), issues the following statement. On April 28 th Paragon announced its willingness to consider investing up to $3 million in non-dilutive preferred equity in OPT. In exchange for making this investment, Paragon put forward a general framework of terms customary for distressed investments....

EASTON, PA / ACCESSWIRE / May 10, 2024 / Paragon Technologies, Inc. (OTC PINK:PGNT), a holding company, announced its results for the three months ended March 31, 2024, on May 10, 2024. Paragon Technologies, Inc.'s Consolidated Statement of Operations for the three months ended March 31, 2024, and 2023 are summarized below. For further detail on our results, shareholders should carefully review our quarterly report, which can be found at www.pgntgroup.com. Three Months Ended (In Thousands) March...

Paragon Commits Up to $3 Million in Non-Dilutive Preferred Equity of OPT to Save the Company from Insolvency and Future Shareholder Losses. EASTON, PA / ACCESSWIRE / April 22, 2024 / Paragon Technologies, Inc. ("Paragon"), a diversified holding company and the largest shareholder of Ocean Power Technologies, Inc. (NYSE American:OPTT), ("Company" or "OPT"), calls on OPT to immediately cease any future dilutive equity issuance and instead engage with Paragon to save OPT shareholders from a total...

EASTON, PA / ACCESSWIRE / April 12, 2024 / Paragon Technologies, Inc. ("Paragon"), a diversified holding company and the largest shareholder of Ocean Power Technologies, Inc. (NYSE American:OPTT), ("Company" or "OPT"), yesterday filed a complaint in the Delaware Court of Chancery alleging OPT failed to achieve a quorum at its 2023 Annual Meeting of Stockholders held on February 28, 2024. "After postponing its annual meeting twice for failing to achieve a quorum, OPT filed notice with the...

EASTON, PA / ACCESSWIRE / March 27, 2024 / Paragon Technologies, Inc. (OTC PINK:PGNT), a holding company, announced its results for the year ended December 31, 2023, on March 27, 2024. Paragon's Annual Letter to Shareholders will be available April 8, 2024, and can be accessed by visiting the Investor Relations page on the Company's website, www.pgntgroup.com . Paragon Technologies, Inc.'s Consolidated Statement of Operations for the years ended December 31, 2023, 2022 and 2021 are summarized...

EASTON, PA / ACCESSWIRE / February 27, 2024 / Paragon Technologies, Inc. ("Paragon"), a diversified holding company, and the largest shareholders of Ocean Power Technologies, Inc. (NYSE American:OPTT), ("Company") ("OPT"), is dismayed at how OPT's Board and CEO continue to disregard individual shareholders and instead favor institutional investors who own relatively little OPT shares. "By our estimate institutional investors, in total, own about 4-5% of OPT, while the remaining 95% of shares are...