Odyssey Marine Exploration Announces Corporate Update on Proposed Merger with American Ocean Minerals Corporation
Business Wire•16/10/2026•08:00 ET
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Key Highlights
- ➤SEC declared Odyssey’s merger registration statement effective October 15, 2026
- ➤Odyssey will hold a special merger vote on December 2, 2026
- ➤Odyssey will execute a 1-for-25 reverse stock split October 29, 2026
- ➤Reverse split expected to reduce shares outstanding from 58.6 million to 2.3 million
- ➤Combined company expected to trade on Nasdaq under AOMC after merger completion
Odyssey Marine Exploration Announces Corporate Update on Proposed Merger with American Ocean Minerals Corporation
SEC Declares Merger Registration Statement Effective; Company Announces 1-for-25 Reverse Stock Split
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