STOCK TITAN

Odyssey Marine Exploration Addresses NASDAQ Compliance Matters

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags
Odyssey Marine Exploration, Inc. (NASDAQ: OMEX) received a notice from Nasdaq Regulation regarding non-compliance with Nasdaq Rule 5250(c)(1) due to the delay in filing its Form 10-K for the period ended December 31, 2023. Odyssey plans to rectify this by filing the Form 10-K with the SEC promptly.
Odyssey Marine Exploration, Inc. (NASDAQ: OMEX) ha ricevuto una notifica dalla Nasdaq Regulation riguardo alla non conformità alla Regola Nasdaq 5250(c)(1) a causa del ritardo nella presentazione del suo modulo 10-K per il periodo conclusosi il 31 dicembre 2023. Odyssey prevede di risolvere questa situazione presentando il modulo 10-K alla SEC in modo tempestivo.
Odyssey Marine Exploration, Inc. (NASDAQ: OMEX) recibió una notificación de Nasdaq Regulation por incumplir con la Regla Nasdaq 5250(c)(1) debido al retraso en la presentación de su Formulario 10-K para el período que terminó el 31 de diciembre de 2023. Odyssey planea rectificar esto presentando prontamente el Formulario 10-K ante la SEC.
오디세이 마린 탐사, 주식회사 (나스닥: OMEX)는 2023년 12월 31일에 종료된 기간에 대한 10-K 양식 제출 지연으로 인해 나스닥 규칙 5250(c)(1)을 준수하지 않았다는 나스닥 규제로부터 통지를 받았습니다. 오디세이는 10-K 양식을 SEC에 신속히 제출함으로써 이를 바로잡을 계획입니다.
Odyssey Marine Exploration, Inc. (NASDAQ: OMEX) a reçu un avis de la Régulation Nasdaq concernant le non-respect de la règle Nasdaq 5250(c)(1) en raison du retard dans le dépôt de son formulaire 10-K pour la période se terminant le 31 décembre 2023. Odyssey prévoit de rectifier cela en déposant rapidement le formulaire 10-K auprès de la SEC.
Odyssey Marine Exploration, Inc. (NASDAQ: OMEX) hat eine Mitteilung von der Nasdaq Regulation über die Nichteinhaltung der Nasdaq-Regel 5250(c)(1) erhalten, verursacht durch die Verzögerung bei der Einreichung ihres Formulars 10-K für den Zeitraum, der am 31. Dezember 2023 endete. Odyssey plant, dies zu korrigieren, indem es das Formular 10-K umgehend bei der SEC einreicht.
Positive
  • None.
Negative
  • None.

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.

Forward Looking Information

Odyssey Marine Exploration believes the information set forth in this Press Release may include "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. Certain factors that could cause results to differ materially from those projected in the forward-looking statements are set forth in "Risk Factors" in Part I, Item 1A of the Company's Annual Report on Form 10-K for the year ended December 31, 2022, which was filed with the Securities and Exchange Commission on March 31, 2023. The financial and operating projections as well as estimates of mining assets are based solely on the assumptions developed by Odyssey that it believes are reasonable based upon information available to Odyssey as of the date of this release. All projections and estimates are subject to material uncertainties and should not be viewed as a prediction or an assurance of actual future performance. The validity and accuracy of Odyssey's projections will depend upon unpredictable future events, many of which are beyond Odyssey's control and, accordingly, no assurance can be given that Odyssey's assumptions will prove true or that its projected results will be achieved.

Liz Shows

Odyssey Marine Exploration, Inc.

(813) 876-1776

lshows@odysseymarine.com

Source: Odyssey Marine Exploration, Inc.

FAQ

Why did Odyssey Marine Exploration receive a notice from Nasdaq Regulation?

Odyssey received a notice from Nasdaq Regulation for not complying with Nasdaq Rule 5250(c)(1) due to the delay in filing its Form 10-K for the period ended December 31, 2023.

What is the plan of Odyssey Marine Exploration to address the non-compliance issue?

Odyssey plans to regain compliance with Nasdaq Rule 5250(c)(1) by filing the Form 10-K with the SEC as soon as practicable.

When did Odyssey Marine Exploration receive the notice from Nasdaq Regulation?

Odyssey received the notice from Nasdaq Regulation on April 17, 2024.

Odyssey Marine Exploration, Inc

NASDAQ:OMEX

OMEX Rankings

OMEX Latest News

OMEX Stock Data

7.67M
20.96M
3.74%
38.23%
7.26%
Other Industrial Metals & Mining
Water Transportation
Link
United States of America
TAMPA