Odyssey Marine Exploration Inc., an ocean exploration company focused on the discovery and extraction of critical minerals, has announced its financial results for the first quarter ended March 31, 2025. The company has reported a successful resolution of its Nasdaq listing compliance, maintaining a closing bid price of $1.00 or higher for ten consecutive business days, thus remaining listed on the Nasdaq Capital Market. Additionally, existing investors have infused over $2 million into the company by exercising their option to purchase additional shares of common stock under the Company's Securities Purchase Agreement. This capital infusion is expected to bolster Odyssey's financial position as it continues to advance projects addressing global challenges such as food security and the energy transition. However, specific financial data regarding sales, revenues, or net income/profit/loss were not disclosed in this announcement.
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