Odyssey Marine to acquire AOM in reverse merger; existing OMEX holders to own ~6.7%

ODYSSEY MARINE EXPLORATION INC

AOM shareholders receive 4.5017 OMEX shares per AOM share; OMEX holders own ~6.7% of pro forma combined company.
AOM secures $156M PIPE and $75.6M bridge financing; closing requires AOM to have min $100M cash.
Odyssey to spin off ORM (Mexican phosphate) interests into trust for pre-merger OMEX stockholders.
Combined company renamed 'American Ocean Minerals Corporation' at closing.
Odyssey issues up to $5M secured note to AOM at 8% interest; additional pre-closing notes possible.

item 1.01 item 3.02 item 5.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

ODYSSEY MARINE EXPLORATION INC entered into Agreement and Plan of Merger with American Ocean Minerals Corporation (effective 2026-04-08).

Action: entry
Agreement: merger
Counterparty: American Ocean Minerals Corporation
Effective: 2026-04-08

Exact text from the filing

On April 8, 2026, Odyssey Marine Exploration, Inc. (“Odyssey”), Oceanus Merger Sub, Inc., a Delaware corporation and wholly owned subsidiary of Odyssey (“Merger Sub”), and American Ocean Minerals Corporation, a Delaware corporation (“AOM,” and together with Odyssey and Merger Sub, the “Parties”), entered into an Agreement and Plan of Merger (the “Merger Agreement”)

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ODYSSEY MARINE EXPLORATION INC filing history →

Source: SEC EDGAR

accession 0001193125-26-146442

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