SC 13G/A: ODYSSEY MARINE EXPLORATION INC
Ticker: OMEX · Form: SC 13G/A · Filed: Nov 12, 2024 · CIK: 798528
Sentiment: neutral
Topics: sc-13g-a
AI Summary
SC 13G/A filing by ODYSSEY MARINE EXPLORATION INC.
Risk Assessment
Risk Level: low
Filing Stats: 3,105 words · 12 min read · ~10 pages · Grade level 13.9 · Accepted 2024-11-12 08:21:09
Key Financial Figures
- $0.0001 — ame of Issuer) Common Stock, par value $0.0001 per share (Title of Class of Securitie
Filing Documents
- omex_13ga.htm (SC 13G/A) — 123KB
- 0000908834-24-000304.txt ( ) — 125KB
(a) Name of
Item 1. (a) Name of Issuer: Odyssey Marine Exploration, Inc. (the " Company ") (b) Address of Issuer's Principal Executive Offices: 205 S. Hoover Blvd., Suite 210, Tampa, FL 33609
(a) Name of
Item 2. (a) Name of Persons Filing: This statement is filed by the entities and persons listed below, all of whom together are referred to herein as the " Reporting Persons ". (i) Greywolf Distressed Opportunities Master Fund, L.P., a Cayman Islands exempted limited partnership (" Greywolf DF "), with respect to the Shares held by it and the Shares it has the right to acquire upon exercise of the Warrants held by it; (ii) Greywolf Distressed Opportunities Master QPA Fund, L.P., a Cayman Islands exempted limited partnership (" Greywolf DFQPA " and, together with Greywolf DF, the " Greywolf Funds "), with respect to the Shares held by it and the Shares it has the right to acquire upon exercise of the Warrants held by it; (iii) Greywolf Advisors LLC, a Delaware limited liability company and the general partner (the " General Partner ") of each of the Greywolf Funds, with respect to the Shares held by the Greywolf Funds and the Shares the Greywolf Funds have the right to acquire upon exercise of the Warrants held by them; (iv) Greywolf Capital Management LP, a Delaware limited partnership and the investment manager of each of the Greywolf Funds (the " Investment Manager "), with respect to (a) the Shares held by it and the Shares it has the right to acquire upon exercise the Warrants held by it, and (b) the Shares held by the Greywolf Funds and the Shares the Greywolf Funds have the right to acquire upon exercise of the Warrants held by them; (v) Greywolf GP LLC, a Delaware limited liability company and the general partner of the Investment Manager (the " Investment Manager General Partner "), with respect to (a) the Shares held by the Investment Manager and the Shares the Investment Manager has the right to acquire upon the exercise of the Warrants held by it, and (b) the Shares held by the Greywolf Funds and the Shares the Greywolf Funds have the right to acquire upon exercise of the Warrants held by them; and (vi) Jonathan Savitz (" Savitz "), a United
Ownership
Item 4. Ownership The information required by Items 4(a) - (c) and set forth in Rows 5 through 11 of the cover page for each Reporting Person is incorporated herein by reference for each such Reporting Person. The Shares and the Warrants reported hereby as held by each of the Greywolf Funds are owned directly by such Greywolf Fund. The General Partner, as the general partner of each of the Greywolf Funds, may be deemed to be a beneficial owner of all such Shares owned by the Greywolf Funds and all such Shares that the Greywolf Funds have the right to acquire upon exercise of the Warrants held by them. The Shares and the Warrants reported hereby as held by the Investment Manager are owned directly by the Investment Manager. In addition, the Investment Manager, as the investment manager of the Greywolf Funds, may be deemed to be a beneficial owner of all such Shares owned by the Greywolf Funds and all such Shares that the Greywolf Funds have the right to acquire upon exercise of the Warrants held by them. The Investment Manager General Partner, as the general partner of the Investment Manager, may be deemed to be a beneficial owner of (a) all such Shares owned by the Investment Manager and all such Shares that the Investment Manager has the right to acquire upon exercise of the Warrants held by it, and (b) all such Shares owned by the Greywolf Funds and all such Shares that the Greywolf Funds have the right to acquire upon exercise of the Warrants held by them. Savitz, as the senior managing member of the General Partner and as the sole managing member of the Investment Manager General Partner, may be deemed to be a beneficial owner of (a) all such Shares owned by the Greywolf Funds and all such Shares that the Greywolf Funds have the right to acquire upon exercise of the Warrants held by them, and (b) all such Shares owned by the Investment Manager and all such Shares that the Investment Manager has the right to acquire upon exercise of the Warrants held by it. Ea
Ownership of Five Percent or Less of a Class
Item 5. Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof each of the Reporting Persons has ceased to be a beneficial owner of more than five percent of the class of securities, check the following:
Ownership of More Than Five Percent on Behalf of Another Person
Item 6. Ownership of More Than Five Percent on Behalf of Another Person Not Applicable. Item 7. Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company or Control Person Not Applicable.
Identification and Classification of Members of the Group
Item 8. Identification and Classification of Members of the Group The Reporting Persons are filing this Schedule 13G pursuant to Rule 13d-1(c). Consistent with Item 2 of the cover page for each Reporting Person above, the Reporting Persons neither disclaim nor affirm the existence of a group among them.
Notice of Dissolution of Group
Item 9. Notice of Dissolution of Group Not Applicable.
Certification
Item 10. Certification By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11. Page 8 of 10 Pages
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Dated: November 12, 2024 GREYWOLF ADVISORS LLC On its own behalf And as the General Partner of GREYWOLF DISTRESSED OPPORTUNITIES MASTER FUND, L.P. and GREYWOLF DISTRESSED OPPORTUNITIES MASTER QPA FUND, L.P. By: /s/ Jonathan Savitz Name: Jonathan Savitz Title: Senior Managing Member GREYWOLF GP LLC On its own behalf And as the General Partner of GREYWOLF CAPITAL MANAGEMENT LP By: /s/ Jonathan Savitz Name: Jonathan Savitz Title: Managing Member By: /s/ Jonathan Savitz Name: Jonathan Savitz Page 9 of 10 Pages EXHIBIT INDEX EXHIBIT 1 Joint Acquisition Statement Pursuant to Section 240.13d-1(k) (previously filed) Page 10 of 10 Pages