Odyssey Marine terminates Unit Purchase Agreement with Ocean Minerals to renegotiate investment

ODYSSEY MARINE EXPLORATION INC

Terminated June 2023 Unit Purchase Agreement with Ocean Minerals LLC by mutual consent on Oct 18, 2024.
Odyssey owns 293,399 membership interest units of OML purchased under the terminated agreement.
Termination allows parties to negotiate a new structure for further investment by Odyssey in OML.
No termination penalties or payments disclosed; deal restructured for future investment.

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