ODYSSEY MARINE EXPLORATION INC (OMEX): Nasdaq/NYSE listing notice — 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The delisting notice was rescinded; trading continues on Nasdaq and the matter is closed.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.95

ODYSSEY MARINE EXPLORATION INC received a nasdaq delisting notice notice regarding minimum bid price (rules 5550(a)(2)).

Exchange: nasdaq
Notice: delisting notice
Deficiency: minimum bid price
Rules: 5550(a)(2)

Exact text from the filing

May 7, 2025, Odyssey Marine Exploration, Inc. (the “Company”) was notified by the listing qualifications staff of the Nasdaq Capital Market (“Nasdaq”) of its determination that the Company had not regained compliance with Nasdaq Listing Rule 5550(a)(2) and was not eligible for a second 180-day period within which to regain compliance. The listing staff further notified the Company that, unless the Company requested an appeal of determination by May 14, 2025, the Company’s securities would be scheduled for delisting from Nasdaq and suspended at the opening of business on May 16, 2025, and that

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Source: SEC EDGAR

accession 0001193125-25-116934

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