other_material
confidence high
sentiment neutral
materiality 0.50
Odyssey Marine raises ~$5.4M via debt conversion and stock purchase by investors
ODYSSEY MARINE EXPLORATION INC
- Investors converted $1M of March 2023 Notes into 909,090 shares on July 28, 29, 31, 2025.
- Investors purchased 4,018,033 shares at $1.10/share for $4,419,836 cash under December 2024 Purchase Agreement.
- After these issuances, total outstanding shares increased to 39,134,525.
- Transactions were exempt from registration under Section 4(a)(2) and Rule 506.
item 3.02