Core Insights - Ocean Power Technologies, Inc. (OPT) will release early earnings for its fiscal 2026 second quarter on December 15, 2025, prior to market open [1] - A conference call to discuss the financial results will take place on the same day at 9:00 AM EST, hosted by CEO Philipp Stratmann and CFO Bob Powers [2] Company Overview - OPT specializes in innovative low-carbon marine power solutions and services, targeting sectors such as defense, oil and gas, science and research, and offshore wind [4] - The company offers products like Merrows™, which integrates Maritime Domain Awareness Systems, and PowerBuoy® platforms that provide clean electric power and real-time data communications for maritime applications [4] - OPT is headquartered in Monroe Township, New Jersey, with an additional office in Richmond, California [4]

Core Viewpoint - bound4blue is expanding its production capabilities in China to enhance its industrial presence in Asia and support the adoption of its eSAIL suction sail technology, aiming for efficient supply to newbuild vessels and retrofits [1][5]. Group 1: Production and Manufacturing - Manufacturing of eSAIL units will be managed through a network of certified industrial partners around Shanghai and the Yangtze River Delta, adhering to ISO 9001, ISO 14001, and ISO 45001 standards [2]. - Initial production capacity is set to reach up to 100 eSAIL units per year starting from 2026, with potential for further scaling through additional facility allocation [3]. - Local production is expected to reduce lead times for Model 2 and Model 3 eSAILs, simplifying logistics and installation processes for clients in China, South Korea, and Japan [3]. Group 2: Strategic Partnerships - Strategic partners include manufacturers with expertise in heavy-marine and port-handling equipment, as well as a global structural provider and a supplier experienced in safety-critical environments [4]. - The initial focus will be on manufacturing and logistics, with plans to expand into after-sales service and technical support as adoption increases [4]. Group 3: Market Context and Technology - China is identified as central to the future of maritime decarbonisation, being a major hub for designing and building new vessels, where shipowners seek proven technologies to meet fuel and emission targets [5]. - The eSAIL system operates autonomously and can be fitted to various vessel types, including tankers, bulk carriers, and cruise ships, enhancing versatility in maritime applications [6][7].

TABLE OF CONTENTS As filed with the U.S. Securities and Exchange Commission on November 18, 2025 Registration No. 333-290856 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 2 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 General Purpose Acquisition Corp. (Exact name of registrant as specified in its charter) Cayman Islands 6770 N/A (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number ...

Core Viewpoint - Marine Thinking Inc. is set to become a publicly traded company through a business combination with Eureka Acquisition Corp, with a potential pre-money valuation of approximately $130 million at closing [1][5]. Company Overview - Marine Thinking specializes in autonomous ship navigation technology based on physical AI, aiming to transform the marine industry by providing low-cost, easy-to-assemble unmanned sailing technology [2]. - The company has established itself as a leading provider of autonomous ship and fleet solutions in Canada, having been selected for various important R&D projects by multiple Canadian federal government organizations [2]. - Marine Thinking's autonomous solutions have been applied across various marine industry fields in over a dozen countries, addressing the growing shortage of seafarers [2]. Transaction Details - The business combination will result in the new entity being named Marine Thinking Holdings Inc., which will be listed on NASDAQ [1][5]. - The transaction involves an aggregate consideration of $130 million in Eureka shares to be paid to Marine Thinking's shareholders at closing [5]. - The closing of the proposed transaction is subject to customary conditions, including regulatory and shareholder approvals [3][6]. Leadership Comments - The founder and chairman of Marine Thinking emphasized the support received from the Canadian federal government and partners, expressing commitment to advancing unmanned marine technologies [4]. - The incoming chairman of Marine Thinking highlighted confidence in the team's vision and the momentum towards AI-driven solutions in the marine industry [4]. - The chairman and CEO of Eureka expressed excitement about the partnership, which is expected to accelerate innovation in ocean technology and create value for stakeholders [4].

TABLE OF CONTENTS As filed with the U.S. Securities and Exchange Commission on October 14, 2025 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification Number) 59 Front Street Millbrook, NY 12545 Tel.: (646) 387-7129 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 General Purpose Acquisition Corp. (Exact ...

Core Viewpoint - Vision Marine Technologies Inc. is consolidating its Nautical Ventures dealership operations in North Palm Beach, Florida, to enhance operational efficiency while maintaining customer service in the largest recreational boating market in the U.S. [1] Group 1 - The company has sold the property of the Nautical Ventures dealership located at 300 U.S. Highway 1 in North Palm Beach, Florida [1] - The consolidation will involve merging operations into a neighboring water sports showroom at 139 Shore Court [1] - This strategic move aims to streamline operations and improve efficiency within the Nautical Ventures retail network [1]

Company Overview - MIND Technology, Inc is a leading provider of marine technology[1,5] - The company focuses on three broad markets within the marine industry[6] - Seamap unit is a leading supplier to the seismic exploration and survey industries[7] Financial Performance and Strategy - MIND transformed for profitable growth by selling Klein Sonar Unit in August 2023 and streamlining operations[14] - The company eliminated outstanding debt and recapitalized by converting all preferred stock to common stock[15] - The firm backlog was $128 million as of July 31, 2025[21] - Approximately 68% of revenue in the first half of fiscal year 2026 is from recurring after-market (spares, etc)[39] - For the six months ended July 31, 2025, MIND Technology reported revenues of $21463 thousand and a net income of $959 thousand[69,72] Market and Industry - Global spending on exploration should average $22 billion per year in real terms over the next five years[11] - Global capital expenditure on subsea facilities is set for a 10% compound annual growth rate from 2024 to 2027[12]

Group 1 - Brunswick Corporation showcased strong performance at the 2025 Cannes Boat Show, with increased boat sales and outboard market share, along with several industry awards [1][2] - The company reported nearly double the total number of boats sold for its premium brands compared to the 2024 Show, indicating robust consumer demand in luxury and performance segments [2] - Mercury Marine increased its overall share of outboard boats on display by five points to 66%, driven by new OEM partnerships and enhanced penetration with existing partners [3] Group 2 - Brunswick's CEO highlighted the strength of the company's portfolio and the dedication of its European teams, reinforcing its position as an innovation leader in the marine industry [4] - Brunswick's boat brands received top accolades, with the Bayliner C21i named Moteur Boat 2025 Boat of the Year in the under-7-meter category and the Sea Ray SDX 270 Surf winning an Innovation Award [4] Group 3 - Brunswick Corporation is a global leader in marine recreation, offering technology-driven solutions and operating over 60 industry-leading brands [5] - The company has approximately 14,500 employees across 26 countries and has been recognized as America's Best Large Employers for six consecutive years [5]

Core Viewpoint - MIND Technology, Inc. has experienced a significant decline in stock price despite returning to profitability, indicating investor caution amid economic uncertainty [1][6]. Financial Performance - For the second quarter of fiscal 2026, MIND reported a net income of $0.24 per share, a turnaround from a net loss of $0.11 per share in the same quarter last year [2]. - Revenues reached $13.6 million, marking a 35% increase from $10 million in the prior-year period [3]. - Net income improved to $1.9 million, up from $0.8 million a year earlier, while adjusted EBITDA nearly doubled to $3.1 million from $1.8 million [3]. - Operating income rose to $2.7 million from $1.4 million in the same quarter last year [3]. Business Metrics - The backlog for Marine Technology Products within the Seamap segment was $12.8 million as of July 31, 2025, down from $26.2 million a year earlier and $21.1 million at the end of the previous quarter [4]. - After-market activities accounted for approximately 68% of revenues in the first half of fiscal 2026, indicating strong recurring demand [5]. - Gross profit for the quarter improved to $6.8 million from $4.8 million a year ago, with gross margins expanding modestly [5]. Management Insights - CEO Rob Capps described the quarter as "largely in line with expectations," attributing results to Seamap system sales and after-market contributions [6]. - Management acknowledged a dip in backlog levels but expressed confidence in restoring momentum through new orders [6]. - Capps noted steady customer engagement with Seamap products despite economic uncertainty, although market conditions have slowed decision-making for fiscal 2027 projects [7]. Revenue Drivers and Challenges - Revenue growth was driven by improved sales of marine technology systems and increased after-market activities [8]. - The transition to profitability reflects better execution and stronger demand, but the decline in backlog presents potential headwinds [8]. Future Outlook - Management expressed optimism for the remainder of fiscal 2026, citing a strong existing backlog and order pipeline [9]. - The company anticipates that customers will finalize fiscal 2027 plans in the coming months, supporting favorable performance expectations [9]. Capital Structure - MIND maintained a clean capital structure, with cash and equivalents rising to $7.8 million from $5.3 million as of January 31, 2025 [10].

Financial Data and Key Metrics Changes - In Q3 2025, total revenue increased by 29% to $7.1 million compared to $5.5 million in Q3 2024 [24] - Gross profit rose to $4.8 million from $4.0 million, with a consolidated gross margin of 68.3%, down from 73.9% in the previous year [25][26] - Operating income slightly decreased to $1.38 million from $1.39 million, resulting in an operating margin of 19.5% compared to 25.4% in Q3 2024 [27][28] Business Line Data and Key Metrics Changes - The marine technology business generated $4.0 million in revenue, a 30.7% increase from $3.0 million in Q3 2024, accounting for 56.4% of total revenue [24][25] - The marine engineering business saw a revenue decline of 33.2%, down to $1.6 million from $2.4 million in Q3 2024 [24][26] - The newly acquired Precision Acoustics Ltd contributed 20.6% to net revenue, generating $1.5 million [24][25] Market Data and Key Metrics Changes - Hardware sales in the marine technology business increased by 103.6% to $2.7 million, while rental asset utilization was low, impacting gross profit margins [8][26] - Revenue from the Echoscope accounted for 57.7% of marine technology revenue, while DAVD contributed 42.3% [8] Company Strategy and Development Direction - The company is focusing on increasing market share in the defense sector for underwater imaging sensors, particularly with the Echoscope and DAVD technologies [5][6] - The launch of the NanoGen series sonars aims to address the growing demand for smaller underwater vehicles and enhance situational awareness [12][13] - The company is pursuing an M&A strategy to build a pipeline of complementary technologies, particularly in the defense sector [32][50] Management's Comments on Operating Environment and Future Outlook - Management acknowledged challenges in the global policy environment but expressed confidence in the growth strategy and progress made in key milestones [4][31] - The company is optimistic about achieving $4 million in DAVD-related revenue for the fiscal year, a significant increase from $1.2 million the previous year [37][46] Other Important Information - The company has $26.2 million in cash and cash equivalents with no debt, reflecting a $3.7 million increase since October 2024 [28] - The marine engineering business is reliant on defense program funding, which has been delayed, affecting contract awards [9][26] Q&A Session Summary Question: Feedback on Echoscope Type Nano Gen series - Management received positive feedback regarding the reduced size and weight of the new Echoscope, which allows for integration into smaller platforms [34][35] Question: Changes in DAVD revenue target - The company expects to achieve $4 million in DAVD revenue, up from a previous target of $4.5 million, reflecting significant growth from last year's $1.2 million [36][37] Question: Exposure to China and supply chain concerns - The company has minimal exposure to China, with most components sourced from Europe, and has faced challenges in exporting to China due to government restrictions [40][41] Question: Echoscope as a revenue driver - Echoscope remains a key revenue driver, with recent sales growth attributed to hardware sales, although rental revenues have decreased due to shifts in funding for offshore renewables [42][43][44] Question: Thoughts on stock buyback program - Management indicated that stock buyback decisions are for the board to consider, focusing currently on M&A opportunities [48][50]