Odyssey Marine Exploration Inc. Converts $6.66M Debt into 6.06M Shares, Total Outstanding Shares Now 45.19M

Reuters08-15
Odyssey Marine Exploration Inc. Converts $6.66M Debt into 6.06M Shares, Total Outstanding Shares Now 45.19M

Odyssey Marine Exploration Inc. recently completed share transactions following a Note and Warrant Purchase Agreement with institutional investors. On August 8 and 12, 2025, investors converted $6,661,684 of debt into 6,056,073 shares of the company's common stock. These transactions were exempt from registration under Section 4(a)(2) of the Securities Act of 1933. After these issuances, the company has 45,190,598 shares of common stock outstanding. The price per share in these transactions was not disclosed.

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: 0001193125-25-180836), on August 14, 2025, and is solely responsible for the information contained therein.
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