secwatch.observer — SEC 8-K summary
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Issuer:     ODYSSEY MARINE EXPLORATION INC (OMEX)
CIK:        0000798528
Form:       8-K
Filed at:   2022-06-10T23:59:59+00:00
Accession:  0001193125-22-171644
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Odyssey Marine raises $16.5M in registered direct offering of common stock and warrants
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- Sold 4,939,515 units at $3.35 each, each unit = 1 share + warrant to buy 1 share.
- Net proceeds expected ~$15.0M after fees and expenses; closing on June 10, 2022.
- Warrants exercisable from Dec 10, 2022 to June 10, 2027 at $3.35; include cashless exercise.
- EF Hutton acted as exclusive placement agent with 6% fee plus 1% non-accountable expense allowance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/798528/000119312522171644/0001193125-22-171644-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/798528/000119312522171644/d240973d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-171644

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer