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Articles from Odyssey Marine Exploration, Inc.

Odyssey Marine Exploration Forms Joint Venture to Advance Strategic Fertilizer Project, Secures Funding, and Extends Debt Maturity
Odyssey Marine Exploration, Inc. (NASDAQOMEX), a global leader in ocean exploration, and Capital Latinoamericano, S.A. de C.V. (CapLat) have announced a joint venture (JV) to develop a strategic fertilizer project. Building on extensive research and validation of a high-quality phosphate resource within Mexico’s Exclusive Economic Zone (EEZ), the JV seeks to establish a private-public partnership with the Mexican government, promoting shared prosperity through sustainable agriculture that empowers farmers and strengthens local communities. The potential project seeks to contribute towards the food and nutrition security efforts currently pursued by Mexico as part of a broader food and agriculture self-sufficiency program initiative.
By Odyssey Marine Exploration, Inc. · Via Business Wire · December 26, 2024
Odyssey Marine Exploration Remains Focused on Addressing Global Critical Mineral Supply Challenges Through Ocean Exploration
Odyssey Marine Exploration, Inc. (NASDAQOMEX), an ocean exploration pioneer engaged in the discovery, development, and extraction of critical minerals that provide solutions to global challenges, provides a company update.
By Odyssey Marine Exploration, Inc. · Via Business Wire · September 18, 2024
Odyssey Marine Exploration Reports Win in NAFTA Arbitration Case
Odyssey Marine Exploration, Inc. (NASDAQOMEX), an ocean exploration pioneer engaged in the discovery, development and extraction of critical minerals that provide solutions to global challenges, announces an award in its arbitration with the United Mexican States under Chapter Eleven of the North American Free Trade Agreement (NAFTA).
By Odyssey Marine Exploration, Inc. · Via Business Wire · September 17, 2024
Odyssey Marine Exploration Reports Second Quarter 2024 Results and Provides a Company Update
Odyssey Marine Exploration, Inc. (NASDAQOMEX), an ocean exploration pioneer engaged in the discovery, development and extraction of critical minerals that provide solutions to global challenges, reported results for the second quarter ended June 30, 2024, and provided an update on current projects and future plans.
Odyssey Marine Exploration Reports Full Year 2023 and First Quarter 2024 Results and Provides Company Update
Odyssey Marine Exploration, Inc. (NASDAQOMEX), a global subsea mineral exploration and validation company, filed a Comprehensive Form 10-K for the year ended December 31, 2023, which included restated financial statements for the year ended December 31, 2022, and interim periods. The company also reported first quarter financials for the period ended March 31, 2024.
Odyssey Marine Exploration Addresses NASDAQ Compliance Matters
Odyssey Marine Exploration, Inc. (NASDAQOMEX), a global subsea mineral exploration and validation company, reported that on April 17, 2024, Odyssey received a notice from Nasdaq Regulation that Odyssey is not in compliance with Nasdaq Rule 5250(c)(1) because it had not yet filed its Form 10-K for the period ended December 31, 2023 (the “Form 10-K”) with the Securities and Exchange Commission (SEC). Odyssey plans to regain compliance with Nasdaq Rule 5250(c)(1) by filing the Form 10-K with the SEC, which it expects to do as soon as practicable.
Odyssey Marine Exploration Secures Strategic Debt Financing Deal
Odyssey Marine Exploration, Inc. (NASDAQOMEX), a global subsea mineral exploration, validation, and development company, reported today that it took a significant financial step by entering into a note and warrant purchase agreement with several of the company's largest institutional investors on December 1, 2024.
By Odyssey Marine Exploration, Inc. · Via Business Wire · December 4, 2023
Odyssey Marine Exploration Addresses NASDAQ Compliance Matters
Odyssey Marine Exploration, Inc. (NASDAQOMEX), a global subsea mineral exploration and validation company, reported that on November 21, 2023, Odyssey received a notice from Nasdaq Regulation that Odyssey is not in compliance with Nasdaq Rule 5250(c)(1) because it had not yet filed its Form 10-Q for the period ended September 30, 2023 (the “Form 10-Q”) with the Securities and Exchange Commission (SEC). Odyssey plans to regain compliance with Nasdaq Rule 5250(c)(1) by filing the Form 10-Q with the SEC, which it expects to do as soon as practicable.
By Odyssey Marine Exploration, Inc. · Via Business Wire · November 28, 2023
Odyssey Marine Exploration Announces the Departure of its Chief Financial Officer
Odyssey Marine Exploration, Inc. (NASDAQOMEX), a global subsea mineral exploration, validation, and development company, announced that Christopher E. Jones, Odyssey’s Chief Financial Officer (CFO), will leave the company on July 7, 2023, to pursue another opportunity.
Odyssey Marine Exploration Announces Partnership with Ocean Minerals LLC for a New Cook Islands Exploration Project
Odyssey Marine Exploration, Inc. (NASDAQOMEX), a global subsea mineral exploration, validation, and development company, announced today an important next step in becoming the world’s leading marine mineral development company.
Odyssey Marine Exploration Announces Reduction of Debt & Potential Dilution That Is Accretive to Shareholders; Provides Updates on Company Projects and Progress
Odyssey Marine Exploration, Inc. (NASDAQOMEX), a global subsea mineral exploration and development company, has reached an agreement with Altos Hornos de México, S.A.B. de C.V., Minera del Norte S.A. de C.V. and Phosphate One LLC (collectively AHMSA) to terminate a 2015 Stock Purchase Agreement (SPA) and associated Notes and Pledge Agreements in return for a cash payment of $9.0 million and the issuance of 304,879 shares of Odyssey’s common stock.
Odyssey Marine Exploration Reaches Major Milestone in $2B+ NAFTA Case
Odyssey Marine Exploration, Inc. (NASDAQOMEX), a global subsea mineral exploration and development company, announces that on Monday, September 12, 2022, the company filed its post-hearing brief in its NAFTA case against Mexico. The post-hearing brief represents the final substantive submission in the case and was prepared by Odyssey’s legal team comprised of specialist international arbitration lawyers from Cooley LLP and King & Spalding LLP. The NAFTA case, which began with the Notice of Arbitration filed in April 2019, relates to one of the largest phosphate deposits to be discovered in the Americas.
By Odyssey Marine Exploration, Inc. · Via Business Wire · September 16, 2022
Odyssey Marine Exploration Reports Second Quarter 2022 Results and Provides Project Updates
Odyssey Marine Exploration, Inc. (NASDAQOMEX), a global subsea mineral exploration and development company, provided a corporate update.
By Odyssey Marine Exploration, Inc. · Via Business Wire · August 15, 2022
Odyssey Marine Exploration Provides Update
Odyssey Marine Exploration, Inc. (NASDAQOMEX), a global subsea mineral exploration and development company, provided a corporate update.
Odyssey Marine Exploration Announces Closing of $16.5 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules
Odyssey Marine Exploration, Inc. (NASDAQOMEX) ("Odyssey Marine Exploration" or "Company"), a global subsea mineral exploration and development company, today announced the closing of its previously announced registered direct offering with certain institutional investors, pursuant to which the Company sold approximately $16.5 million worth of its common stock and warrants.
Odyssey Marine Exploration Announces Pricing of $16.5 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules
Odyssey Marine Exploration, Inc. (NASDAQOMEX) ("Odyssey Marine Exploration" or "Company"), a global subsea mineral exploration and development company, today announced that it entered into subscription agreements with certain institutional investors to purchase an aggregate of approximately $16.5 million worth of its common stock and warrants in a registered direct offering.
Odyssey Marine Exploration Reports Full Year 2021 Results and Provides Updates on Global Portfolio of Ocean Mineral Resource Projects
Odyssey Marine Exploration, Inc. (NASDAQOMEX), a global subsea mineral exploration and development company, reported results for the full year ended December 31, 2021, and provided an update on its current projects and a company outlook.
Odyssey Marine Exploration Reports Third Quarter 2021 Results and Updates Current Projects
Odyssey Marine Exploration, Inc. (NASDAQOMEX), a global subsea mineral exploration and development company, reported results today for the third quarter ended September 30, 2021, and provided an update on current projects and future plans.
By Odyssey Marine Exploration, Inc. · Via Business Wire · November 15, 2021
Odyssey Marine Exploration Announces Significant Debt Reduction and Continued Focus on Mineral Exploration and Development
Odyssey Marine Exploration, Inc. (NASDAQOMEX), a global subsea mineral exploration and development company, announced today that it entered into an agreement with Monaco Financial, LLC and other parties (Parties) on October 4, 2021, that significantly reduces Odyssey’s indebtedness and improves its overall capital structure.
By Odyssey Marine Exploration, Inc. · Via Business Wire · October 5, 2021
Odyssey Marine Exploration Reports Second Quarter 2021 Results
Odyssey Marine Exploration, Inc. (NASDAQOMEX), a deep-ocean exploration pioneer engaged in the discovery, validation and development of subsea mineral deposits in a socially and environmentally responsible manner, reported results for the second quarter ended June 30, 2021, and provided an update on current projects and future plans.
By Odyssey Marine Exploration, Inc. · Via Business Wire · August 13, 2021