secwatch / observer

ODYSSEY MARINE EXPLORATION INC — fact timeline

Source-grounded facts extracted from ODYSSEY MARINE EXPLORATION INC's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

OMEX ODYSSEY MARINE EXPLORATION INC JSON
Shareholder Votes

ODYSSEY MARINE EXPLORATION INC shareholders approved Non-binding advisory approval of named executive officer compensation at the 2026-06-01 meeting.

“For Against Abstain 21,172,628 1,024,128 445,450”
Shareholder Votes

ODYSSEY MARINE EXPLORATION INC shareholders approved Approve reverse stock split at ratio from 1-for-20 to 1-for-25 at the 2026-06-01 meeting.

“For Against Abstain 31,683,294 3,685,661 464,990”
Shareholder Votes

ODYSSEY MARINE EXPLORATION INC shareholders approved Amend 2019 Stock Incentive Plan to increase authorized shares by 2,000,000 at the 2026-06-01 meeting.

“For Against Abstain 20,934,966 1,558,840 148,400”
Shareholder Votes

ODYSSEY MARINE EXPLORATION INC shareholders approved Amend articles to increase authorized common stock from 75,000,000 to 82,000,000 at the 2026-06-01 meeting.

“For Against Abstain 31,871,707 3,514,241 447,997”
Shareholder Votes

ODYSSEY MARINE EXPLORATION INC shareholders approved Ratification of Grant Thornton LLP as independent registered public accounting firm at the 2026-06-01 meeting.

“For Against Abstain 35,169,107 281,343 383,495”
Shareholder Votes

ODYSSEY MARINE EXPLORATION INC shareholders approved Election of five directors at the 2026-06-01 meeting.

“Mark D. Gordon 22,081,067 561,139 Mark B. Justh 21,787,427 854,779 Larissa T. Pommeraud 22,011,589 630,617 Jon D. Sawyer 21,979,092 663,114 Todd E. Siegel 21,972,228 669,978”
Material Agreements

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

“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”)”
Material Agreements

ODYSSEY MARINE EXPLORATION INC amended Restated JV Agreement with Capital Latinoamericano, S.A. de C.V. and Phosagmex, S.A.P.I. de C.V. (effective 2026-02-27).

“On February 27, 2026, the Company, certain of its affiliates, CapLat, and Phosagmex entered into an amended and restated JV Agreement (the “Restated JV Agreement”).”
Equity Issuances

ODYSSEY MARINE EXPLORATION INC issued 2,157,497 shares of common stock to institutional investors for $3,057,908 of indebtedness.

“(b) an aggregate of $3,057,908 of indebtedness under the December 2023 Notes into 2,157,497 shares of the Company’s common stock”
Equity Issuances

ODYSSEY MARINE EXPLORATION INC issued 1,516,728 shares of common stock to institutional investors for $2,095,618 of indebtedness.

“On October 6, 7 and 8, 2025, investors converted (a) an aggregate of $2,095,618 of indebtedness under the March 2023 Notes into 1,516,728 shares of the Company’s common stock”
Equity Issuances

ODYSSEY MARINE EXPLORATION INC issued 1,279,637 shares of common stock to institutional investors for $1,520,254 of indebtedness.

“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.”
Equity Issuances

ODYSSEY MARINE EXPLORATION INC issued 698,714 shares of common stock to institutional investors for $830,846 of indebtedness.

“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.”
Listing & Compliance Notices

ODYSSEY MARINE EXPLORATION INC received a nasdaq delisting notice notice regarding minimum bid price (rules 5550(a)(2)).

“May 7, 2025, Odyssey Marine Exploration, Inc. (the “Company”) was notified by the listing qualifications staff of the Nasdaq Capital Market (“Nasdaq”) of its determination that the Company had not regained compliance with Nasdaq Listing Rule 5550(a)(2) and was not eligible for a second 180-day period within which to regain compliance. The listing staff further notified the Company that, unless the Company requested an appeal of determination by May 14, 2025, the Company’s securities would be scheduled for delisting from Nasdaq and suspended at the opening of business on May 16, 2025, and that”

Larissa Pommeraud was appointed as Director at ODYSSEY MARINE EXPLORATION INC.

“appointed Larissa Pommeraud to fill the resulting vacancy, effective as of March 1, 2025.”
Listing & Compliance Notices

ODYSSEY MARINE EXPLORATION INC received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).

“April 17, 2024, Odyssey received a notice from Nasdaq Regulation that Odyssey is not in compliance with Nasdaq Rule 5250(c)(1) because it had not yet filed its Form 10-K for the period ended December 31, 2023 (the “Form 10-K”) with the SEC. Odyssey plans to regain compliance with Nasdaq Rule 5250(c)(1) by filing the Form 10-K with the SEC, which it expects to do as soon as practicable.”
Auditor Changes

ODYSSEY MARINE EXPLORATION INC reported that prior financial statements should not be relied upon.

“The audit committee and the board of directors of the Company, in consultation with the Company’s management, concluded on February 20, 2024, that the Company should restate certain of its consolidated financial statements, which should no longer be relied upon.”
Debt Financings

ODYSSEY MARINE EXPLORATION INC incurred loan of $3.75 million with institutional investors at 11.0% per annum maturing June 1, 2025.

“Odyssey issued Notes in the aggregate amount of $3.75 million and related warrants on December 1, 2023.”
Material Agreements

ODYSSEY MARINE EXPLORATION INC entered into Note and Warrant Purchase Agreement with institutional investors valued at aggregate principal amount of up to $6.0 million (effective 2023-12-01).

“On December 1, 2023, Odyssey Marine Exploration, Inc. (“Odyssey”) entered into a Note and Warrant Purchase Agreement (the “Purchase Agreement”) with institutional investors pursuant to which Odyssey issued and sold to the investors (a) a series of promissory notes (the “Notes”) in the aggregate principal amount of up to $6.0 million and (b) two tranches of warrants (the “Warrants” and, together with the Notes, the “Securities”) to purchase shares of Odyssey’s common stock.”
Listing & Compliance Notices

ODYSSEY MARINE EXPLORATION INC received a nasdaq noncompliance notice notice regarding late filing (rules 5250(c)(1)).

“November 21, 2023, Odyssey received a notice from Nasdaq Regulation that Odyssey is not in compliance with Nasdaq Rule 5250(c)(1) because it had not yet filed its Form 10-Q for the period ended September 30, 2023 (the “Form 10-Q”) with the SEC. Odyssey plans to regain compliance with Nasdaq Rule 5250(c)(1) by filing the Form 10-Q with the SEC, which it expects to do as soon as practicable. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.”

Christopher E. Jones resigned as chief financial officer at ODYSSEY MARINE EXPLORATION INC.

“Christopher E. Jones, Odyssey’s chief financial officer, has resigned from the company effective July 7, 2023, to pursue another opportunity.”
Shareholder Votes

ODYSSEY MARINE EXPLORATION INC shareholders approved Advisory approval of named executive officer compensation at the 2023-06-05 meeting.

“Compensation Proposal With respect to the Compensation Proposal, the results of the vote were as follows: For Against Abstain 6,880,003 349,981 149,026 Broker Non-Votes There were 4,943,941 broker non-votes with respect to the Election Proposal, the Frequency Proposal and the Compensation Proposal.”
Shareholder Votes

ODYSSEY MARINE EXPLORATION INC shareholders voted on Advisory vote on frequency of future advisory votes on executive compensation at the 2023-06-05 meeting.

“Frequency Proposal With respect to the Frequency Proposal, the results of the vote were as follows: One Year Two Years Three Years Abstain 7,175,637 8,529 164,057 30,787”
Shareholder Votes

ODYSSEY MARINE EXPLORATION INC shareholders approved Ratification of appointment of Grant Thornton LLP as independent auditor for fiscal year 2023 at the 2023-06-05 meeting.

“Ratification Proposal With respect to the Ratification Proposal, the results of the vote were as follows: For Against Abstain 12,188,819 97,613 36,519”
Shareholder Votes

ODYSSEY MARINE EXPLORATION INC shareholders approved Election of four directors at the 2023-06-05 meeting.

“With respect to the Election Proposal, the four individuals named below were elected to serve as directors in accordance with the following vote: Nominee For Withheld Mark D. Gordon 7,268,766 110,244 Mark B. Justh 6,862,438 516,572 Jon D. Sawyer 7,218,250 160,760 Todd E. Siegel 7,083,720 295,290”
Material Agreements

ODYSSEY MARINE EXPLORATION INC entered into Contribution Agreement with Ocean Minerals, LLC valued at up to $10.0 million.

“Odyssey, the Purchaser, and OML will also enter into a Contribution Agreement pursuant to which additional membership interest units of OML may be issued to the Purchaser in consideration of the contribution to OML by Odyssey from time to time of certain property or other assets and services with an aggregate value of up to $10.0 million.”
Material Agreements

ODYSSEY MARINE EXPLORATION INC entered into Equity Exchange Agreement with the existing members of OML.

“In connection with the transactions contemplated by the Purchase Agreement, Odyssey and the existing members of OML will enter into an Equity Exchange Agreement (the “Exchange Agreement”) pursuant to which such members of OML will have the right, but not the obligation, to exchange membership interest units of OML held by them for shares of Odyssey’s common stock, exercisable at any time and from time to time during the period beginning on the six-month anniversary of the date of the Exchange Agreement and ending on the date that is the earliest of (a) the date on which a dissolution event occurs with respect to OML, (b) the date on which a material adverse effect occurs with respect to OML, and (c) the date that is 18 months after the date of the Exchange Agreement.”
Material Agreements

ODYSSEY MARINE EXPLORATION INC entered into Unit Purchase Agreement with Ocean Minerals, LLC valued at $15.0 million (effective 2023-06-04).

“On June 4, 2023, Odyssey Marine Exploration, Inc. (“Odyssey”), Odyssey Minerals Cayman Limited, a wholly owned subsidiary of Odyssey (the “Purchaser”), and Ocean Minerals, LLC (“OML”) entered into a Unit Purchase Agreement (the “Purchase Agreement”) pursuant to which the Purchaser agreed to purchase, and OML agreed to issue and sell to the Purchaser, an aggregate of 733,497 membership interest units of OML (the “Purchased Units”) for a purchase price of $15.0 million.”

Laura L. Barton resigned as Director at ODYSSEY MARINE EXPLORATION INC.

“Ms. Barton also resigned as a member of Odyssey’s board of directors and all committees thereof effective May 31, 2023.”

Laura L. Barton resigned as Chief Business Officer and Secretary at ODYSSEY MARINE EXPLORATION INC.

“On May 26, 2023, Odyssey Marine Exploration, Inc. (“Odyssey”) and Laura L. Barton entered into a Separation Agreement and General Release (the “Separation Agreement”) pursuant to which Ms. Barton’s employment as Odyssey’s Chief Business Officer and Secretary will end on May 31, 2023 (the “Termination Date”).”
Auditor Changes

ODYSSEY MARINE EXPLORATION INC engaged Grant Thornton LLP as its auditor.

“on or about March 30, 2023, we engaged Grant Thornton LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2023.”
Debt Financings

ODYSSEY MARINE EXPLORATION INC incurred loan of up to $14.0 million at 11.0% per annum maturing September 6, 2024.

“On March 6, 2023, Odyssey Marine Exploration, Inc. (“Odyssey”) entered into a Note and Warrant Purchase Agreement (the “Purchase Agreement”) with an institutional investor pursuant to which Odyssey issued and sold to the investor (a) a promissory note (the “Note”) in the principal amount of up to $14.0 million and (b) a warrant (the “Warrant” and, together with the Note, the “Securities”) to purchase shares of Odyssey’s common stock.”
Material Agreements

ODYSSEY MARINE EXPLORATION INC entered into Settlement, Release and Termination Agreement with Altos Hornos de México, S.A.B. de C.V. ("AHMSA"), Minera del Norte S.A. de C.V. ("MINOSA"), and Phosphate One LLC valued at $9.0 million (effective 2023-03-03).

“On March 3, 2023, Odyssey, Altos Hornos de México, S.A.B. de C.V. (“AHMSA”), Minera del Norte S.A. de C.V. (“MINOSA”), and Phosphate One LLC (“Phosphate One” and together with AHMSA and MINOSA, the “AHMSA Parties”) entered into Settlement, Release and Termination Agreement (the “Termination Agreement”).”
Material Agreements

ODYSSEY MARINE EXPLORATION INC entered into Note and Warrant Purchase Agreement with an institutional investor valued at principal amount of up to $14.0 million (effective 2023-03-06).

“On March 6, 2023, Odyssey Marine Exploration, Inc. (“Odyssey”) entered into a Note and Warrant Purchase Agreement (the “Purchase Agreement”) with an institutional investor pursuant to which Odyssey issued and sold to the investor (a) a promissory note (the “Note”) in the principal amount of up to $14.0 million”

Jay A. Nudi departed as Principal Accounting Officer at ODYSSEY MARINE EXPLORATION INC.

“former Principal Accounting Officer, Jay A. Nudi, is no longer with the company.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.