---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-220483"
form_type: "8-K"
ticker: "OMEX"
cik: "0000798528"
company_name: "ODYSSEY MARINE EXPLORATION INC"
filed_at: "2024-09-17T23:59:59+00:00"
generated_at: "2026-05-31T04:24:54.211399+00:00"
event_type: "litigation"
sentiment: "positive"
materiality_score: 0.82
calibrated_materiality_score: 0.82
confidence: "high"
source: SEC EDGAR
---

# Odyssey Marine wins $37.1M NAFTA arbitration award against Mexico

## Summary
- ICSID tribunal orders Mexico to pay $37.1M for breaching NAFTA obligations, plus interest from Oct 12, 2018.
- Award is net of Mexican taxes; Mexico cannot tax the award.
- Odyssey expects most or all proceeds to satisfy litigation financing obligations.
- CEO Mark Gordon says ruling validates position that Mexico wrongfully denied environmental permit for ExO.

## SEC filing metadata
- accession: 0001193125-24-220483
- form_type: 8-K
- ticker: OMEX
- cik: 0000798528
- company_name: ODYSSEY MARINE EXPLORATION INC
- filed_at: 2024-09-17T23:59:59+00:00
- event_type: litigation
- sentiment: positive
- materiality_score: 0.82
- calibrated_materiality_score: 0.82
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/798528/000119312524220483/0001193125-24-220483-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/798528/000119312524220483/d862906d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-220483
- JSON: https://secwatch.observer/filing/0001193125-24-220483.json
- Plain text: https://secwatch.observer/filing/0001193125-24-220483.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.