Odyssey Marine risks Nasdaq delisting after shares stay below $1 minimum bid rule

Reuters2026/07/24 20:30

By:Reuters

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Odyssey Marine Exploration received a Nasdaq notice for failing to meet the $1 minimum bid price rule for 30 straight business days.
The company has until Jan. 19, 2027 to regain compliance by posting a closing bid of at least $1 for 10 consecutive sessions.
A further 180-day cure period may be available if it meets other Nasdaq Capital Market listing standards and commits to a remediation plan.
Shareholders previously authorized a 1-for-20 to 1-for-25 reverse stock split to help restore compliance ahead of a planned merger with American Ocean Minerals.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Odyssey Marine Exploration Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-316151), on July 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Odyssey Marine risks Nasdaq delisting after shares stay below $1 minimum bid rule

You may also like

Crypto prices