Published on 8/19/2008 in the Prospect News PIPE Daily.
New Issue: Odyssey Marine gets $9.65 million from private placement of stock
By Devika Patel
Knoxville, Tenn., Aug. 19 - Odyssey Marine Exploration, Inc. settled a $9.65 million private placement of stock on Aug. 19, according to an 8-K filed Tuesday with the Securities and Exchange Commission.
The company sold 1.97 million common shares at $4.90 per share to two investors.
Based in Tampa, Fla., Odyssey is focused on archaeologically sensitive exploration and recovery of shipwrecks.
| Issuer: | Odyssey Marine Exploration, Inc.
|
| Issue: | Common shares
|
| Amount: | $9,653,000
|
| Shares: | 1.97 million
|
| Price: | $4.90
|
| Warrants: | No
|
| Settlement date: | Aug. 19
|
| Stock symbol: | Nasdaq: OMEX
|
| Stock price: | $4.83 at close Aug. 19
|
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