Odyssey Marine Exploration, Inc., together with its subsidiaries, engages in the deep-ocean exploration activities worldwide. The company provides specialized mineral exploration, project development, and marine services to clients. It offers research, scientific, resource assessment, marine operations planning, management execution, project planning, and project management services. Odyssey Marine Exploration, Inc. was founded in 1986 and is headquartered in Tampa, Florida.
IPO Year:
Exchange: NASDAQ
Website: odysseymarine.com
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TAMPA, Fla., June 15, 2021 (GLOBE NEWSWIRE) -- Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), a deep-ocean exploration pioneer engaged in the discovery, validation and development of subsea mineral deposits in an environmentally responsible manner, has expanded its executive and legal teams in support of the company's key strategic goals. On June 14, 2021, the Odyssey Board of Directors appointed Christopher (Chris) E. Jones as Chief Financial Officer and re-appointed Jay Nudi as the company's Principal Accounting Officer and Treasurer. "As we evaluated our strategic plans and every part of our business over the past year, it became clear that we needed to add specific expertise to our
An investor group led by asset recovery funder Drumcliffe LLC has purchased 1,138,245 shares in Odyssey Marine Exploration, Inc. (NASDAQ:OMEX) ("Odyssey"), from Epsilon Acquisitions LLC in a private transaction exempt from the registration requirements of the Securities Act of 1933, as amended. The purchase price was not disclosed. Odyssey will not receive any proceeds from this transaction. Odyssey is a deep-ocean exploration company that discovers, validates and develops high value seafloor resources in an environmentally responsible manner. Odyssey has a diversified mineral portfolio that includes projects controlled by it and other projects in which it is a minority owner and service
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8-K - ODYSSEY MARINE EXPLORATION INC (0000798528) (Filer)
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Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), an ocean exploration pioneer engaged in the discovery, development, and extraction of critical minerals that provide solutions to global challenges, provides a company update. "The recent arbitration ruling and the 2018 Tribunal Federal de Justicia Administrativa (TFJA) ruling in our favor validate that our approach to responsible ocean mineral exploration is viable. We remain committed to the long-term success of our business, supported by a strong portfolio of current projects and a pipeline of new projects that offer further opportunities to expand access to critical minerals in high demand. We were encouraged to see the unprecedented volu
Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), an ocean exploration pioneer engaged in the discovery, development and extraction of critical minerals that provide solutions to global challenges, announces an award in its arbitration with the United Mexican States under Chapter Eleven of the North American Free Trade Agreement (NAFTA). Odyssey Marine Exploration (Odyssey) has received notification from the International Centre for Settlement of Investment Disputes (ICSID) of the arbitral award on the claims involving Odyssey and its subsidiary, Exploraciones Oceánicas S. de R.L. de C.V. (ExO), against Mexico. The award orders Mexico to pay US$37.1 million for breaching its obligations unde
Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), an ocean exploration pioneer engaged in the discovery, development and extraction of critical minerals that provide solutions to global challenges, reported results for the second quarter ended June 30, 2024, and provided an update on current projects and future plans. "We are approaching the conclusion of our NAFTA arbitration case against Mexico for the ExO Project, with the final step being the Tribunal's decision, which is currently being translated. The outcome of this case will be significant, and Odyssey is prepared with a robust business plan to continue our mission of unlocking valuable ocean resources that can help feed and power t
Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), a global subsea mineral exploration and validation company, filed a Comprehensive Form 10-K for the year ended December 31, 2023, which included restated financial statements for the year ended December 31, 2022, and interim periods. The company also reported first quarter financials for the period ended March 31, 2024. "The comprehensive audit and restatement of our financials serves as a critical step towards further ensuring transparency, accuracy, and accountability within our company. Although a technical accounting matter led to the restatement of our financial statements, we anticipate this to be a one-time event that will not impede
Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), a global subsea mineral exploration and validation company, reported that on 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 Securities and Exchange Commission (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. About Odyssey Marine Exploration Odyssey Marine Exploration, Inc. (NASDAQ:OMEX) is a deep-ocean exploration pioneer engaged in the discovery, va
Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), a global subsea mineral exploration, validation, and development company, reported today that it took a significant financial step by entering into a note and warrant purchase agreement with several of the company's largest institutional investors on December 1, 2024. Led by Two Seas Capital, the investors include Four World Capital Management, Greywolf Capital Management, and DP Special Opportunities Fund I, LLC. The facility provides the company with capital to allow it to continue to execute project plans and strategic initiatives through the first quarter of 2024. "At Two Seas, we specialize in investments in companies with unappreciat
Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), a global subsea mineral exploration and validation company, reported that on 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 Securities and Exchange Commission (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. About Odyssey Marine Exploration Odyssey Marine Exploration, Inc. (NASDAQ:OMEX) is a deep-ocean exploration pioneer engaged in the discovery
Continues to build leadership team, focuses on next stage of growth BurgerFi International Inc. (NASDAQ:BFI, BFIIW))) ("BurgerFi" or the "Company"), owner of leading fast-casual brand BurgerFi and the casual dining pizza brand Anthony's Coal Fired Pizza & Wings, is announcing a change in senior leadership as Christopher Jones will be joining as Chief Financial Officer on July 10, 2023. Mr. Jones is replacing the current Chief Financial Officer Mike Rabinovitch, who is transitioning to Lionheart Capital as a Senior Advisor. Lionheart Capital along with its founder and the Company's Executive Chairman Ophir Sternberg, is the Company's largest shareholder. Mr. Rabinovitch will remain in his
Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), a global subsea mineral exploration, validation, and development company, announced that Christopher E. Jones, Odyssey's Chief Financial Officer (CFO), will leave the company on July 7, 2023, to pursue another opportunity. Mr. Jones will continue to support Odyssey in an advisory role after his departure. Odyssey intends to appoint an experienced interim CFO, while Odyssey searches for a permanent CFO with a skill set that aligns with Odyssey's future growth plans. During this period, the company expects to reduce its administrative expenses but will continue to have appropriate management and controls in place. "Throughout his two years w
Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), a global subsea mineral exploration, validation, and development company, announced today an important next step in becoming the world's leading marine mineral development company. On June 4, 2023, Odyssey entered into a purchase agreement to acquire a 13% interest in Ocean Minerals LLC (OML) in exchange for a contribution by Odyssey of its interest in a 6,000-meter remotely operated vehicle (ROV) and cash contributions of up to $10 million in a series of transactions over the next year. The purchase agreement allows Odyssey to acquire a total of up to 40% of OML over the next 18 months at Odyssey's discretion. Moana Minerals Limited, a wh
Odyssey Marine Exploration, Inc. (NASDAQ:OMEX), a global subsea mineral exploration and validation company, reported that on 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 Securities and Exchange Commission (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.
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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.
Gainers Odyssey Marine Explr (NASDAQ:OMEX) shares increased by 21.4% to $4.54 during Tuesday's regular session. The current volume of 386.4K shares is 517.2% of Odyssey Marine Explr's average full-day volume over the last 100 days (last updated at 13:30 EST). The company's market cap stands at $90.7 million. PGT Innovations (NYSE:PGTI) shares rose 20.3% to $31.52. As of 13:30 EST, PGT Innovations's stock is trading at a volume of 2.1 million, which is 539.0% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $1.8 billion. Vertical Aerospace (NYSE:EVTL) shares rose 14.54% to $1.26. As of 13:30 EST, Vertical Aerospace's stock is trading
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EF Hutton analyst Michael Albanese reiterates Odyssey Marine Explr (NASDAQ:OMEX) with a Buy and maintains $7.5 price target.