---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-138536"
form_type: "8-K"
ticker: "OMEX"
cik: "0000798528"
company_name: "ODYSSEY MARINE EXPLORATION INC"
filed_at: "2025-06-10T23:59:59+00:00"
generated_at: "2026-05-19T16:28:18.645606+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Odyssey Marine forms 50/50 JV; capitalizes $137M debt for 69.5% Oceanica stake

## Summary
- JV Entity formed June 4 with CapLat and Oceanica Mexico each holding 50% equity.
- Up to $137.3M intercompany debt converted into Oceanica Mexico equity, raising Odyssey's indirect stake to ~69.5%.
- Seven officers/administrators to exchange ~$1.7M in Oceanica member interests for restricted OMEX shares.
- Annual meeting: all 5 director nominees elected; Grant Thornton ratified.
- Shareholders rejected proposals to increase authorized stock to 150M shares and reverse split up to 1:8.

## SEC filing metadata
- accession: 0001193125-25-138536
- form_type: 8-K
- ticker: OMEX
- cik: 0000798528
- company_name: ODYSSEY MARINE EXPLORATION INC
- filed_at: 2025-06-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.02, 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/798528/000119312525138536/0001193125-25-138536-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/798528/000119312525138536/d924157d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-138536
- JSON: https://secwatch.observer/filing/0001193125-25-138536.json
- Plain text: https://secwatch.observer/filing/0001193125-25-138536.txt

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