Core Viewpoint - High-Trend International Group has announced a new share repurchase program, allowing the company to buy back up to $5.0 million of its Class A ordinary shares, which reflects confidence in the company's long-term value for shareholders [1][3]. Group 1: Share Repurchase Program Details - The share repurchase program is authorized for up to $5.0 million and will expire on August 23, 2027 [1]. - The company may repurchase shares through various means, including open market purchases and block trades, in compliance with regulatory requirements [2]. - Repurchases will be funded using existing cash and future operating cash flows, with all repurchased shares returned to treasury and cancelled [3]. Group 2: Management Discretion and Conditions - The timing, volume, and execution of share repurchases will be at the discretion of management, influenced by share price, market conditions, and the company's capital position [2][4]. - The program does not obligate the company to acquire a specific number of shares and may be adjusted or terminated based on market conditions [4].

Core Viewpoint - High-Trend International Group is implementing a reverse stock split to meet Nasdaq listing requirements, specifically to maintain a minimum bid price of $1.00 per share [2][3]. Group 1: Reverse Stock Split Details - The reverse stock split will occur at a ratio of 1-for-25, changing the par value of the Ordinary Shares from $0.0001 to $0.0025 [1][3]. - The effective date of the reverse stock split is set for August 7, 2025, with trading on a split-adjusted basis commencing on August 8, 2025 [3]. - The total number of outstanding Ordinary Shares will decrease from approximately 140 million to about 5.6 million shares [4]. Group 2: Impact on Shareholders - The reverse stock split will uniformly affect all holders of Ordinary Shares, without altering any shareholder's percentage ownership in the company [5]. - Shareholders holding shares in book-entry form or through intermediaries will not need to take any action, as the changes will be reflected in their accounts post-split [5].

Core Viewpoint - Ocean Power Technologies Inc has been awarded a patent for integrated offshore charging systems, which will enhance the operational capabilities of autonomous surface and underwater vehicles, improving mission endurance and flexibility [1][3]. Group 1: Technology and Innovation - The newly awarded patent allows for the deployment of charging systems in the ocean, enabling autonomous vehicles to recharge and transfer data, similar to the early days of electric vehicles [3]. - The integration of floating charging stations with existing technologies like PowerBuoy and WAM-V will allow for a variety of operational capabilities, including long-duration missions with higher payloads and speeds [4]. Group 2: Commercialization Efforts - The company has deployed a high-fidelity prototype off the coast of New Jersey and is currently working on commercialization, with plans for pilot deployments with partners and government agencies [2][5]. - Ongoing discussions with government agencies and commercial partners are part of the strategy to bring the integrated solution to market [2]. Group 3: Intellectual Property Strategy - The patent is considered a critical component of the company's innovation strategy, helping to differentiate it from competitors and protect its intellectual property as it scales globally [6].