---
title: "Two Seas Capital LP Commits Vote Support at Odyssey Marine Exploration with 9.99% Stake"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/282605189.md"
description: "Two Seas Capital LP has disclosed a 9.99% stake in Odyssey Marine Exploration, Inc., filing a Schedule 13D on April 13, 2026. This follows Odyssey's merger announcement with American Ocean Minerals on April 8, 2026. Two Seas has committed to vote in favor of share issuance and charter amendments related to the merger, while its voting power is limited by a 9.99% cap on warrants. The firm may also consider supporting a potential separation of Odyssey’s Mexican phosphate asset, PHOSAGMEX."
datetime: "2026-04-14T00:36:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/282605189.md)
  - [en](https://longbridge.com/en/news/282605189.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/282605189.md)
---

# Two Seas Capital LP Commits Vote Support at Odyssey Marine Exploration with 9.99% Stake

Two Seas Capital LP disclosed a 9.99% stake in Odyssey Marine Exploration, Inc. Two Seas filed the Schedule 13D on Apr. 13, 2026, days after Odyssey announced a merger agreement with American Ocean Minerals on Apr. 8, 2026. The filing highlights a support agreement in which Two Seas will vote for share issuance and a charter amendment, while its warrants remain limited by a 9.99% blocker.

**Investor Intent**

Two Seas entered a support agreement tied to the AOM merger. It agreed to "vote all of its shares in favor of the Odyssey share issuance and the articles amendment" and to back other actions needed to close the deal, and it also "agreed to customary restrictions on transfers" of its voting shares.

Two Seas holds warrants but cannot exercise them above a 9.99% ownership cap, which limits near-term increases in voting power. The firm also signaled it may explore ways to support a potential separation of Odyssey’s Mexican phosphate asset, PHOSAGMEX, while reserving the option to buy or sell more securities over time.

**Investor's Background**

Two Seas Capital LP is a Delaware limited partnership and registered investment adviser that manages the Two Seas funds disclosed in the filing. The firm focuses on event-driven and special situations, including investments tied to corporate actions and restructurings. Its Chief Investment Officer is Sina Toussi, who also serves as Managing Member of the firm’s general partner.

Original SEC Filing: ODYSSEY MARINE EXPLORATION INC \[ OMEX \] - SCHEDULE 13D - Apr. 13, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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