News & Videos - ODYSSEY MARINE EXPLORATION

Odyssey Marine Exploration, Inc. (NASDAQ: OMEX), a global leader in ocean exploration and sustainable mineral resource development, reported financial results for the fourth quarter ended December 31, 2024, as well as the full year ended December 31, 2024. The company also provided updates on key projects and business strategy reiterating its commitment to advancing a diversified portfolio of critical mineral assets. “With a diversified pipeline of projects, strategic partnerships, and growing...

Odyssey Marine Exploration, Inc. (NASDAQ: OMEX), a global leader in ocean exploration and sustainable mineral resource development, today announced the appointment of Larissa Pommeraud to its Board of Directors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250303080097/en/ Larissa Pommeraud has been appointed to Odyssey Marine Exploration’s Board of Directors, bringing extensive experience in strategy, operations, and...

Odyssey Marine Exploration, Inc. (NASDAQ: OMEX), 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...

Odyssey Marine Exploration, Inc. (NASDAQ: OMEX), 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. On June 4, 2023, Odyssey entered into a purchase agreement to acquire a 13% interest in Ocean Minerals LLC (OML) in exchange for a contribution by Odyssey of its interest in a 6,000-meter remotely operated vehicle (ROV) and cash contributions of up to $10 million in a...

Odyssey Marine Exploration, Inc. (NASDAQ: OMEX), 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. To fund the termination and release...

Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), 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...

Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), a global subsea mineral exploration and development company, provided a corporate update. “The second quarter was an important period for Odyssey, as the company made considerable progress in ensuring the company’s future as a leader in the exploration and development of critical mineral resources across the globe. To be clear, ensuring a favorable outcome in the company’s ongoing NAFTA litigation with Mexico remains its most important...

Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), a global subsea mineral exploration and development company, provided a corporate update. “On Friday, we closed a registered direct offering of equity securities that will allow us to continue to deleverage our balance sheet while also providing capital for Odyssey’s ongoing operations through the next nine to 18 months, bridging us to anticipated significant cash flows. We expect this financing to carry Odyssey through a decision on our NAFTA...

Odyssey Marine Exploration, Inc. (NASDAQ: OMEX) ("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. Under the terms of the subscription agreements, the Company sold approximately 4.9 million units (“Units”). Each Unit...

Odyssey Marine Exploration, Inc. (NASDAQ: OMEX) ("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. Under the terms of the subscription agreements, the Company has agreed to sell approximately 4.9 million units...

Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), 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. “This past year was productive for the Odyssey team as we laid the foundation for what we believe will be a transformative 2022. During 2021, we diligently advanced our efforts around the NAFTA litigation to prepare for the successful hearing held earlier...

Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), 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. “We remained focused on three major areas in the third quarter: increasing the value of our mineral portfolio, improving our balance sheet, and preparing for a strong showing in the hearing of our NAFTA action against Mexico scheduled to take place in...

Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), 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. Under the terms of the agreement, Odyssey will issue the Parties 984,848 shares of common stock at $6.60 per share and pay $500,000 in cash, in exchange for the...

Un grupo de inversores dirigido por el financiador de recuperación de activos Drumcliffe LLC ha adquirido 1 138 245 acciones de Odyssey Marine Exploration, Inc. (NASDAQ:OMEX) (“Odyssey”), desde Epsilon Acquisitions LLC es una transacción privada exenta de los requisitos de registro de la Ley de Valores de 1933 con sus reformas. El precio de compra no se dio a conocer. Odyssey no recibirá ningún ingreso producto de esta transacción. Odyssey es una compañía de exploración del océano...

An investor group led by asset recovery funder Drumcliffe LLC has purchased 1,138,245 shares in Odyssey Marine Exploration, Inc. (NASDAQ:OMEX) (“Odyssey”), from Epsilon Acquisitions LLC in a private transaction exempt from the registration requirements of the Securities Act of 1933, as amended. The purchase price was not disclosed. Odyssey will not receive any proceeds from this transaction. Odyssey is a deep-ocean exploration company that discovers, validates and develops high value...

Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), 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. “The second quarter of the year has been very productive from a research, planning and strategy standpoint. During the quarter, Odyssey made progress on all...

NEW YORK, Nov. 21, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of TheStreet, Inc. (NASDAQ:TST), EVO Payments, Inc. (NASDAQ:EVOP), Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), Allakos Inc. (NASDAQ:ALLK), SORL Auto Parts, Inc. (NASDAQ:SORL), and SPAR Group, Inc. (NASDAQ:SGRP), including updated fundamental summaries, consolidated fiscal...

TAMPA, Fla., Jan. 30, 2017 (GLOBE NEWSWIRE) -- Odyssey Marine Exploration, Inc. (Nasdaq:OMEX), a pioneer in the field of deep-ocean exploration, announced today that on January 30, 2017, the Company received a letter from The NASDAQ Stock Market LLC (“Nasdaq”) indicating that the Company is in compliance with all applicable listing standards for continued listing on The Nasdaq Capital Market, including the $35 million market value of listed securities requirement. As a result, the...

TAMPA, Fla., Nov. 09, 2016 (GLOBE NEWSWIRE) -- Odyssey Marine Exploration, Inc. (Nasdaq:OMEX), a pioneer in the field of deep-ocean exploration, reported results for the third quarter ended September 30, 2016. Third Quarter 2016 Highlights Performed contracted offshore services for our shipwreck business partner, using Odyssey technology and marine personnel, resulting in revenue of $2.9 million. Increased revenue 98%, or $1.4 million, compared to the same quarter last year. Decreased net loss...