Odyssey Marine Exploration Investors Convert Over $5.1 Million of Notes Into Shares, Company Issues More Than 3.67 Million New Shares

Reuters2025-10-15

Odyssey Marine Exploration Investors Convert Over $5.1 Million of Notes Into Shares, Company Issues More Than 3.67 Million New Shares

Odyssey Marine Exploration Inc. reported that on October 6, 7, and 8, 2025, institutional investors converted $2,095,618 of indebtedness under the March 2023 Notes into 1,516,728 shares of common stock, and $3,057,908 of indebtedness under the December 2023 Notes into 2,157,497 shares of common stock. Following these transactions, the company has 54,059,123 shares of common stock outstanding. The December 2023 Notes have been satisfied in full, and approximately $1.05 million remains outstanding under the March 2023 Notes. 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: 0001193125-25-239071), on October 14, 2025, and is solely responsible for the information contained therein.

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