---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-213431"
form_type: "8-K"
ticker: "OMEX"
cik: "0000798528"
company_name: "ODYSSEY MARINE EXPLORATION INC"
filed_at: "2025-09-23T23:59:59+00:00"
generated_at: "2026-05-17T05:55:48.700766+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Odyssey Marine issues ~2M shares on conversion of $2.35M convertible notes

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-25-213431
- form_type: 8-K
- ticker: OMEX
- cik: 0000798528
- company_name: ODYSSEY MARINE EXPLORATION INC
- filed_at: 2025-09-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/798528/000119312525213431/0001193125-25-213431-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/798528/000119312525213431/d77088d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-213431
- JSON: https://secwatch.observer/filing/0001193125-25-213431.json
- Plain text: https://secwatch.observer/filing/0001193125-25-213431.txt

## Key facts
- Equity Issuances
  ODYSSEY MARINE EXPLORATION INC issued 698,714 shares of common stock to institutional investors for $830,846 of indebtedness.
  - Security: common stock
  - Shares: 698,714 shares
  - Purchaser: institutional investors
  - Consideration: $830,846 of indebtedness
  source text: On September 3 and 11, 2025, investors converted an aggregate of $830,846 of indebtedness under the March 2023 Notes into 698,714 shares of the Company’s common stock.
  evidence_url: https://www.sec.gov/Archives/edgar/data/798528/000119312525213431/0001193125-25-213431-index.htm
- Equity Issuances
  ODYSSEY MARINE EXPLORATION INC issued 1,279,637 shares of common stock to institutional investors for $1,520,254 of indebtedness.
  - Security: common stock
  - Shares: 1,279,637 shares
  - Purchaser: institutional investors
  - Consideration: $1,520,254 of indebtedness
  source text: On August 26 and September 3 and 18, 2025, investors converted an aggregate of $1,520,254 of indebtedness under the December 2023 Notes into 1,279,637 shares of the Company’s common stock.
  evidence_url: https://www.sec.gov/Archives/edgar/data/798528/000119312525213431/0001193125-25-213431-index.htm

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