Odyssey Marine announces funding to support operations through 2025

Odyssey Marine (OMEX) Exploration announced it has secured additional funding through the exercise of investor stock purchase options, sufficient to fully fund its operations for the remainder of 2025. Since April, investors have exercised rights to purchase approximately 6.9M shares for $7.6M and exercised warrants for 460K shares for $506K. Additionally, holders converted approximately $2.5M of notes into 2.35M shares. “This new capital strengthens Odyssey’s financial foundation and positions us to execute on our strategic initiatives, with funding secured through at least the remainder of 2025,” said Mark Gordon, chairman and CEO of Odyssey Marine Exploration.