secwatch.observer — SEC 8-K summary
======================================

Issuer:     ODYSSEY MARINE EXPLORATION INC (OMEX)
CIK:        0000798528
Form:       8-K
Filed at:   2026-07-24T20:30:04+00:00
Accession:  0001193125-26-316151
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Odyssey Marine receives Nasdaq delisting notice for bid price below $1.00
-------------------------------------------------------------------------

- Nasdaq notified OMEX on July 21, 2026 of non-compliance with $1.00 minimum bid price rule.
- Company has 180 days, until Jan 19, 2027, to regain compliance by closing at $1.00+ for 10 consecutive days.
- Stockholders approved reverse stock split (1:20 to 1:25) on June 1, 2026; company expects split to cure deficiency before merger with AOM.
- If not cured by Jan 19, 2027, may be eligible for additional 180-day period if other listing standards met.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/798528/000119312526316151/0001193125-26-316151-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/798528/000119312526316151/d153147d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-316151

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer