Welcome to our dedicated page for ODYSSEY MARINE EXPLORATION SEC filings (Ticker: OMEX), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Odyssey Marine Exploration, Inc. filings document the company’s marine mineral exploration business, governance, capital structure and material project agreements. The record includes proxy materials for shareholder voting and governance matters, along with current reports covering definitive agreements, regulatory and project disclosures, operating results and risk factors.
Company filings also describe PHOSAGMEX joint-venture arrangements, mining-concession matters, and financing activity involving convertible promissory notes, warrants, unregistered equity issuances and conversions into common stock. The disclosures identify OMEX common stock as a Nasdaq Capital Market security and provide formal updates on the company’s public-company capitalization and material events.
Odyssey Marine Exploration reports that certain institutional investors have converted portions of the company’s previously issued convertible notes into common stock. On September 24, 2025, investors converted $2,844,112 of indebtedness under the March 2023 Notes into 2,236,587 shares of common stock and $684,661 of indebtedness under the December 2023 Notes into 531,478 shares of common stock. These shares were issued in a private transaction exempt from registration under Section 4(a)(2) and Rule 506 of the Securities Act. After these issuances, Odyssey Marine has 50,384,858 shares of common stock outstanding, with remaining balances of approximately $3.14 million on the March 2023 Notes and $3.05 million on the December 2023 Notes, reflecting a shift of part of its debt into equity.
Odyssey Marine Exploration reports that investors have converted portions of two series of convertible notes into common stock. On September 3 and 11, 2025, holders of the March 2023 convertible notes converted $830,846 of indebtedness into 698,714 shares of common stock. On August 26 and September 3 and 18, 2025, holders of the December 2023 convertible notes converted $1,520,254 of indebtedness into 1,279,637 shares. These shares were issued in private transactions exempt from registration under Section 4(a)(2) and Rule 506. After these issuances, Odyssey Marine has 47,616,793 shares of common stock outstanding.
On August 14, 2025 the issuer, Odyssey Marine Exploration, Inc. (OMEX), issued a total of 6,056,073 shares of common stock, bringing the outstanding share count to 45,190,598. As reported on Form 4 filed by director Juan Antonio Carlos Cortina Gallardo, the director beneficially owned 3,931,466 common shares indirectly through Promotora de Inversiones CapLat Espana, S.L. The new issuance reduced the director's stake to below 10% of outstanding shares, and the reporting person states they are no longer subject to Section 16 reporting obligations solely because of that issuance.
Greywolf group files Schedule 13G reporting ownership in Odyssey Marine Exploration, Inc. (OMEX). Greywolf Capital Management LP and affiliated entities report beneficial ownership that includes 4,542,471 shares when accounting for 342,391 warrants exercisable for one share each. That aggregate equals 9.98% of the class based on 45,532,990 shares outstanding as of August 12, 2025.
The filing shows Greywolf Opportunities Master Fund II LP directly holds 4,200,080 shares (9.3%), with Greywolf Advisors LLC reporting the same shared voting/dispositive power. The filing is made under Rule 13d-1(c); reporting persons disclaim affirmative formation of a group while disclosing shared voting and dispositive powers and the existence of exercisable warrants.
Odyssey Marine Exploration, Inc. (OMEX) reports operational and financing disclosures in its quarterly 10-Q including related-party arrangements, convertible note activity, and joint-venture developments.
The company outlines investments and equity arrangements with CapLat, Two Seas and FourWorld, including warrant positions and equity purchases and conversions. It disclosed Oceanica-ExO notes with 18% interest and conversion rights at $2.75 per unit, and an Equity Exchange that will obligate Odyssey to issue 1,841,137 shares subject to contractual restrictions pending regulatory or project approvals. Significant debt instruments (March 2023 and December 2023 Notes) accrued interest that was frequently capitalized to principal rather than paid in cash.
Tax attributes include approximately $203.8 million of federal NOL carryforwards and $32.1 million of foreign NOL carryforwards, with stated expiration schedules for portions of those NOLs. The filing also discloses a reported $37.1 million arbitral award against Mexico (plus interest) that is subject to set-aside proceedings.
Odyssey Marine Exploration filed a Form NT 10-Q notification indicating it could not timely file its quarterly report for the period ended June 30, 2025 and intends to file the Form 10-Q within the five-calendar-day extension provided under Rule 12b-25. The notice names Susan Fennessey as the contact and states that other periodic reports required over the prior 12 months have been filed. The company does not anticipate a significant change in operating results versus the prior-year period.
Odyssey Marine Exploration reports that investors converted $6,661,684 of its March 2023 convertible notes into 6,056,073 shares of common stock on August 8 and 12, 2025. These notes were originally issued under a March 2023 Note and Warrant Purchase Agreement covering $14.0 million of convertible promissory notes and related warrants. The new shares were issued in a private transaction exempt from SEC registration. After these conversions, Odyssey Marine has 45,190,598 shares of common stock outstanding, meaning part of its debt has been replaced by equity held by the converting investors.
Two Seas Capital and related reporting persons disclosed beneficial ownership of 3,154,808 shares of Odyssey Marine Exploration common stock, equal to 9.5% of the class based on a 31,335,539 share base. The position includes 1,430,769 shares held by the Global Fund and 1,724,039 shares that may be obtained within 60 days through warrants or purchase rights, with the filing listing the underlying instruments by fund.
The filing states that Two Seas Capital (as investment adviser), Two Seas Capital GP LLC, and Sina Toussi have sole voting and sole dispositive power over the reported shares and shares issuable on exercise. The Schedule 13G/A includes a certification that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
Juan Antonio Carlos Cortina Gallardo, a director and sole manager of related entities, reported a series of stock exercises, sales and intercompany transfers in Odyssey Marine Exploration, Inc. (OMEX). Capital Latinoamericano, S.A. de C.V. exercised subscription rights to acquire 489,279 shares at $1.10 under a Securities Purchase Agreement. In July, Capital Latinoamericano sold 96,409, 473,591 and 409,100 shares at weighted average prices around $1.70–$1.72. CapLat transferred 1,991,998 shares to its wholly owned Promotora de Inversiones CapLat Espana S.L., which then exercised rights to acquire 1,939,468 shares, leaving Promotora with 3,931,466 shares beneficially owned indirectly.
Juan Antonio Carlos Cortina Gallardo, a director of Odyssey Marine Exploration, filed a Form 3 reporting indirect beneficial ownership of 2,481,819 shares of common stock through Capital Latinoamericano, S.A. de C.V., citing a Securities Purchase Agreement dated December 23, 2024. The filing clarifies he is the sole member and manager of Capital Latinoamericano and disclaims beneficial ownership except to the extent of his pecuniary interest.
The filing also reports a subscription right exercisable April 25, 2025 to purchase 2,428,747 shares at an exercise price of $1.10 per share, with an expiration date of July 31, 2025. The Form 3 lists the event date as 04/25/2025 and is signed on 08/13/2025.