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0.00202531645569626 -0.00632911392405064 -0.0189873417721519 -0.0253164556962026 -0.0125949367088608 -0.0474683544303797 -0.0678481012658228 -0.0379746835443038
Stock impact report

American Ocean Minerals Corporation to Merge with Odyssey Marine Exploration, Inc., Creating a $1B U.S.-Controlled Deep-Sea Critical Minerals Platform [Yahoo! Finance]

Odyssey Marine Exploration, Inc. (OMEX) 
US:NASDAQ Investor Relations: ir.odysseymarine.com/investor-relations
Company Research Source: Yahoo! Finance
Led by Chairman Tom Albanese, former Rio Tinto CEO, and CEO Mark Justh, a 30-year financial services veteran; and supported by founding investor and special advisor Mike Rowe, the founder and CEO of the mikeroweWORKS foundation, nationally recognized media figure and advocate for reindustrialization and skilled trades development Diversified portfolio spanning U.S.-licensed international waters and allied sovereign waters, including two out of three exclusive licensed exploration areas in the critical mineral-rich Cook Islands Transaction values the combined company at a pro forma equity value of approximately $1 billion, including in excess of $230 million of total equity capital raised, of which more than $150 million is a private placement from prominent institutional and strategic investors, and $75 million is a pre-public financing to accelerate U.S. and allied supply chain independence Expected to have approximately $175 million in cash at closing Prior to the merger, O Show less Read more
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