--- title: "Odyssey Marine Exploration Inc. Converts $1M Debt into 909,090 Shares and Sells 4,018,033 Shares for $4.42M" description: "Odyssey Marine Exploration Inc. has converted $1M of debt into 909,090 shares and sold 4,018,033 shares for $4.42M. The company issued $14M in promissory notes and warrants for 3,703,704 shares on Mar" type: "news" locale: "en" url: "https://longbridge.com/en/news/251249553.md" published_at: "2025-08-01T20:31:29.000Z" --- # Odyssey Marine Exploration Inc. Converts $1M Debt into 909,090 Shares and Sells 4,018,033 Shares for $4.42M > Odyssey Marine Exploration Inc. has converted $1M of debt into 909,090 shares and sold 4,018,033 shares for $4.42M. The company issued $14M in promissory notes and warrants for 3,703,704 shares on March 6, 2023, and sold 7,377,912 shares to accredited investors on December 23, 2024. Investors can also purchase an additional 7,220,141 shares at $1.10 each. Following these transactions, Odyssey Marine has 39,134,525 shares outstanding. Odyssey Marine Exploration Inc. has recently engaged in significant share transactions with institutional and accredited investors. On March 6, 2023, the company issued $14.0 million in promissory notes and warrants to purchase 3,703,704 shares of common stock. Subsequently, on December 23, 2024, they sold 7,377,912 shares of common stock to accredited investors under a Securities Purchase Agreement. Investors also have the option to buy an additional 7,220,141 shares at $1.10 per share. In late July 2025, $1,000,000 of indebtedness was converted into 909,090 shares, and investors purchased 4,018,033 additional shares for $4,419,836. After these transactions, Odyssey Marine has 39,134,525 shares outstanding. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Odyssey Marine Exploration Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-171689), on August 01, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here ### Related Stocks - [OMEX.US - Odyssey Marine](https://longbridge.com/en/quote/OMEX.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Odyssey Marine Exploration Faces Financial Challenges in 2025 | Odyssey Marine Exploration Faces Financial Challenges in 2025 | [Link](https://longbridge.com/en/news/266477093.md) | | Odyssey Marine Exploration Seeks BOEM Approval for Offshore Critical Minerals Lease | Odyssey Marine Exploration Inc. has submitted a request for lease sale of marine mineral exploration rights to the U.S. | [Link](https://longbridge.com/en/news/264885234.md) | | Blackstone Inc. (NYSE : BX) entered into a definitive agreement to acquire Champions Group Holdings from Odyssey Investment Partners, LLC. | Blackstone Inc. (NYSE: BX) has entered into a definitive agreement to acquire Champions Group Holdings from Odyssey Inve | [Link](https://longbridge.com/en/news/276169623.md) | | Odyssey Marine Exploration Converts $20 Million Debt to Equity | Odyssey Marine Exploration Inc. has converted $20 million of its debt into common stock, eliminating all obligations und | [Link](https://longbridge.com/en/news/265551133.md) | | Odyssey Marine Exploration, Inc. (NASDAQ:OMEX) Sees Large Drop in Short Interest | Odyssey Marine Exploration, Inc. (NASDAQ:OMEX) experienced a significant 17.1% decrease in short interest in January, wi | [Link](https://longbridge.com/en/news/276089422.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.