other_material
confidence high
sentiment neutral
materiality 0.45
Odyssey Marine issues ~2M shares on conversion of $2.35M convertible notes
ODYSSEY MARINE EXPLORATION INC
- Investors converted $830,846 of March 2023 Notes into 698,714 shares on Sep 3 & 11, 2025.
- Investors converted $1,520,254 of December 2023 Notes into 1,279,637 shares on Aug 26, Sep 3 & 18.
- Total convertible debt reduced by $2.35 million through these conversions.
- After conversions, outstanding common shares total 47,616,793.
- Issuance exempt from registration under Section 4(a)(2) of the Securities Act.
item 3.02