Odyssey Marine Exploration Faces Delisting Notice
Ticker: OMEX · Form: 8-K · Filed: Apr 19, 2024 · CIK: 798528
Sentiment: bearish
Topics: delisting, listing-standards, regulatory
TL;DR
ODYSSEY MARINE EXPLORATION INC got a delisting notice, might be in trouble.
AI Summary
Odyssey Marine Exploration, Inc. filed an 8-K on April 19, 2024, reporting a notice of delisting or failure to satisfy a continued listing rule or standard. The filing also includes other events and financial statements and exhibits. The report date is April 17, 2024.
Why It Matters
This filing indicates potential delisting from a stock exchange, which could significantly impact the company's liquidity and investor confidence.
Risk Assessment
Risk Level: high — A notice of delisting directly threatens the company's ability to trade on an exchange, posing a significant risk to its operations and stock value.
Key Players & Entities
- Odyssey Marine Exploration, Inc. (company) — Registrant
- April 17, 2024 (date) — Earliest event reported
- April 19, 2024 (date) — Filing date
- Nevada (jurisdiction) — State of incorporation
- 001-31895 (identifier) — Commission File Number
- 84-1018684 (identifier) — IRS Employer Identification No.
- 205 S. Hoover Blvd., Suite 210 Tampa, Florida 33609 (address) — Principal Executive Offices
FAQ
What specific listing rule or standard has Odyssey Marine Exploration, Inc. failed to satisfy?
The filing does not specify the exact rule or standard that was not met, only that a notice of delisting or failure to satisfy a continued listing rule or standard was issued.
What are the potential consequences of this delisting notice for Odyssey Marine Exploration, Inc.?
The primary consequence is the potential removal of the company's securities from trading on the exchange, which could severely impact liquidity and investor access.
When was the earliest event reported in this 8-K filing?
The earliest event reported is dated April 17, 2024.
What is the company's principal executive office address?
The principal executive offices are located at 205 S. Hoover Blvd., Suite 210, Tampa, Florida 33609.
What is the company's SIC code?
The Standard Industrial Classification (SIC) code for Odyssey Marine Exploration, Inc. is 4400, which corresponds to Water Transportation.
Filing Stats: 619 words · 2 min read · ~2 pages · Grade level 9.4 · Accepted 2024-04-19 16:30:33
Key Financial Figures
- $0.0001 — ich registered Common Stock, par value $0.0001 per share OMEX NASDAQ Capital Marke
Filing Documents
- d818555d8k.htm (8-K) — 28KB
- d818555dex991.htm (EX-99.1) — 5KB
- g818555g0419055344117.jpg (GRAPHIC) — 7KB
- 0001193125-24-102949.txt ( ) — 167KB
- omex-20240417.xsd (EX-101.SCH) — 3KB
- omex-20240417_lab.xml (EX-101.LAB) — 18KB
- omex-20240417_pre.xml (EX-101.PRE) — 11KB
- d818555d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (a)
Financial Statements of Businesses Acquired
Financial Statements of Businesses Acquired. Not applicable. (b) Pro Forma Financial Information. Not applicable. (c) Shell Company Transactions. Not applicable. (d) Exhibits. 99.1 Press release issued April 19, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. O DYSSEY M ARINE E XPLORATION , I NC . Dated: April 19, 2024 By: /s/ Mark D. Gordon Mark D. Gordon Chairman and Chief Executive Officer