Odyssey Marine Exploration Announces Pricing of $14.6 Million Public Offering of Common Stock

Odyssey Marine Exploration, Inc. OMEX announced today that it has priced an underwritten public offering of 4,800,000 shares of its common stock at $3.05 per share. Odyssey has granted the underwriters the option to purchase up to an additional 720,000 shares at the same price per share to cover over-allotments, if any. The public offering of shares is expected to close on or about June 21, 2011. The underwriters for this offering are Craig-Hallum Capital Group LLC, acting as sole bookrunner, with B. Riley & Co., LLC acting as co-manager.