regulatory
confidence high
sentiment positive
materiality 0.75
Odyssey Marine regains Nasdaq compliance, avoids delisting after bid price recovers
ODYSSEY MARINE EXPLORATION INC
- Nasdaq notified OMEX on May 7, 2025, that it failed to regain compliance with minimum bid price rule (5550(a)(2)) by 180-day deadline, facing delisting.
- On May 9, 2025, Nasdaq confirmed compliance after closing bid price was $1.00+ for ten consecutive business days (Apr 25–May 8).
- Initial bid price deficiency notice was received Nov 4, 2024; the 180-day period expired before the stock recovered.
- The delisting notice was rescinded; trading continues on Nasdaq and the matter is closed.