Odyssey Marine Gets Nasdaq Bid-Price Notice; Has Until January 19, 2027 to Comply
Odyssey Marine Exploration received a Nasdaq notice on July 21, 2026 that its stock failed to meet the $1.00 minimum bid price for 30 consecutive business days. The company has until January 19, 2027 to regain compliance, and the notice has no immediate effect on its listing. Shareholders should note that the company expects a previously approved reverse stock split to help it regain compliance before its pending merger with American Ocean Minerals Corporation takes effect.
Key points
- Nasdaq notice dated July 21, 2026 cites failure to meet the $1.00 minimum bid price for 30 consecutive business days
- Compliance period runs 180 calendar days, ending January 19, 2027; compliance requires a closing bid of at least $1.00 for ten consecutive business days
- Stockholders approved a reverse stock split at a ratio between 1-for-20 and 1-for-25 on June 1, 2026
- The company expects the reverse split to restore compliance before the merger with American Ocean Minerals Corporation takes effect
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 24, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.