RegulatoryJul 1, 2026, 11:43 AM
Odyssey Marine Amends 2025 10-K for Mineral Property Disclosure
AI Summary
Odyssey Marine Exploration Inc. filed an Amendment No. 1 to its Annual Report on Form 10-K for the fiscal year ended December 31, 2025. This amendment was submitted in response to an SEC comment letter and specifically revises the disclosure in Part I, Item 2, 'Properties.' The changes aim to clearly distinguish between material and non-material mineral exploration projects, provide information required by Regulation S-K Items 1303 and 1304, and include details on exploration program internal controls as mandated by Item 1305. The company confirmed that this amendment does not modify or update financial results or reflect events occurring after the original filing date.
Key Highlights
- Filed Amendment No. 1 to the Annual Report on Form 10-K for fiscal year ended December 31, 2025.
- Amendment filed in response to an SEC comment letter dated June 9, 2026.
- Sole purpose is to amend and restate Part I, Item 2, 'Properties'.
- Revises disclosure for mineral exploration projects per Regulation S-K Items 1303 and 1304.
- Includes disclosure on exploration program internal controls per Regulation S-K Item 1305.
- Confirms no changes to previously reported financial results or events after original filing date.
- Identifies CIC Project and OML Project as material exploration-stage polymetallic nodule projects.
- Notes Lihir Gold Project as a non-material exploration-stage gold project.
Price Impact
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