other_material
confidence high
sentiment neutral
materiality 0.35
Odyssey Marine converts $3.5M debt into 2.77M common shares; outstanding shares now 50.4M
ODYSSEY MARINE EXPLORATION INC
- Investors converted $2.84M of March 2023 Notes into 2,236,587 shares of common stock.
- Investors converted $684,661 of December 2023 Notes into 531,478 shares of common stock.
- Remaining balances are approx $3.14M on March Notes and $3.05M on Dec Notes.
- Total outstanding common shares after conversion: 50,384,858.
item 3.02