Odyssey Marine Exploration Converts $20 Million Debt to Equity

Reuters
2025.11.12 14:40
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Odyssey Marine Exploration Inc. has converted $20 million of its debt into common stock, eliminating all obligations under its promissory notes. This move enhances liquidity and simplifies the company's balance sheet.

Odyssey Marine Exploration Inc. announced that $20.0 million of the company’s debt has been converted into common stock. This transaction eliminates all outstanding obligations under the company’s promissory notes and enhances liquidity, simplifying Odyssey’s balance sheet. 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 Business Wire (Ref. ID: 20251112414225) on November 12, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)

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