Odyssey Marine Exploration Inc. Converts $2.35M of Debt into 1.98M Shares of Common Stock

Reuters
Sep 24
Odyssey Marine Exploration Inc. Converts $2.35M of Debt into 1.98M Shares of Common Stock

Odyssey Marine Exploration Inc. recently completed several share transactions with institutional investors. On September 3 and 11, 2025, investors converted $830,846 of indebtedness under the March 2023 Notes into 698,714 shares of the company's common stock. Additionally, on August 26 and September 3 and 18, 2025, investors converted $1,520,254 of indebtedness under the December 2023 Notes into 1,279,637 shares of common stock. The transactions were exempt from registration under Section 4(a)(2) of the Securities Act of 1933 and Rule 506. After these issuances, Odyssey Marine Exploration has 47,616,793 shares outstanding. The price per share was not specified in the document.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Odyssey Marine Exploration Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-213431), on September 23, 2025, and is solely responsible for the information contained therein.

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