Odyssey Marine Exploration Converts $3.5M Debt Into 2.77M Shares Following Note Conversions

Reuters10-01

Odyssey Marine Exploration Converts $3.5M Debt Into 2.77M Shares Following Note Conversions

Odyssey Marine Exploration Inc. announced that institutional investors converted $2,844,112 of debt from the March 2023 Notes into 2,236,587 shares and $684,661 of debt from the December 2023 Notes into 531,478 shares of common stock. Following these transactions, the company has 50,384,858 shares outstanding. The conversions were exempt from SEC registration. The price per share was not disclosed in the filing.

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: 0001193125-25-225114), on September 30, 2025, and is solely responsible for the information contained therein.

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