secwatch.observer — SEC 8-K summary
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Issuer:     ODYSSEY MARINE EXPLORATION INC (OMEX)
CIK:        0000798528
Form:       8-K
Filed at:   2026-04-08T23:59:59+00:00
Accession:  0001193125-26-146442
Event type: m_and_a
Sentiment:  negative
Materiality: 0.90
Item codes: 1.01, 3.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/798528/000119312526146442/0001193125-26-146442-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/798528/000119312526146442/d67670d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-146442

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