Filed Pursuant to Rule 424(b)(3)
File No. 333-109142
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ODYSSEY MARINE EXPLORATION, INC.
SUPPLEMENT NO. 1 DATED DECEMBER 12, 2003
TO PROSPECTUS DATED OCTOBER 6, 2003
Odyssey's common stock is now listed on the American Stock Exchange and
is traded under the symbol "OMR."
A number of the selling shareholders have transferred shares or warrants
to other persons. As a result, the names of some of the selling shareholders
and number of shares being offered are updated as set forth below. The
numbers of shares offered reflects warrant exercises but does not reflect any
sales that may have already been made by selling shareholders pursuant to the
prospectus dated October 6, 2003.
Ownership Before Offering
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Number of Shares
Shares Issuable
Currently on Exer-
Held to be cise of Shares
Selling Shareholder Offered Warrants Offered
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Community Foundation of Tampa
Bay, Inc. 100,000 - 100,000
James L. Ferman, Jr. 360,000 220,000 580,000
Neal J. Fink and Kenneth N. Fink
Co-Trustees of Adele S. Fink
Trust No. 2 65,000 25,000 90,000
Kagin's, Inc. 90,000 - 90,000
Don Kagin 50,000 - 50,000
Makerel Capital Ltd. 200,000 - 200,000
Bannon Private Equity Fund Ltd. 400,000 200,000 600,000
Equity Trust Company
Custodian For Walter C. Copeland
IRA 29865 40,000 - 40,000
J. L. Holdings 400,000 - 400,000
Robert R. Bears, Jr. 360,000 100,000 460,000
Robert R. Bears, Sr. 360,000 100,000 460,000
Bleu Ridge Consultants, Inc. 200,000 100,000 300,000
Profit Sharing Plan & Trust
Charitable Remainder Trust
of Timothy J. Brasel 169,800 69,800 239,600