Odyssey Marine Exploration Addresses NASDAQ Compliance Matters

Key points

  • Odyssey Marine Exploration, Nasdaq: OMEX, received a Nasdaq notice on April 17, 2024 for noncompliance with Rule 5250(c)(1) after not filing its 2023 Form 10-K.
  • Odyssey said it plans to regain compliance by filing the Form 10-K with the SEC as soon as practicable.
  • Odyssey explores and validates subsea mineral deposits, including polymetallic nodules and subsea phosphate.

TAMPA, Fla.–(BUSINESS WIRE)–

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, validation, and development of subsea mineral deposits in a socially and environmentally responsible manner. Odyssey provides marine services for private clients and governments that are interested in exploring their Exclusive Economic Zone (EEZ) to survey, map, and identify any potential mineral resources present. The company focuses on the exploration of polymetallic nodules (battery metals to power the future) and subsea phosphate deposits (fertilizer to feed the future), which the company believes will provide a benefit to society now and in the future, For additional details, please visit www.odysseymarine.com.

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