Odyssey Marine Exploration, Inc. Received A Letter From ICSID Stating That The Tribunal Is Close To Completing The Drafting Of The Award And Expects To Issue It In Q1 2024, With Any Changes To The Timing Estimate To Be Duly Notified To The Claimant.
Portfolio Pulse from Benzinga Newsdesk
Odyssey Marine Exploration, Inc. has received a letter from the International Centre for Settlement of Investment Disputes (ICSID) stating that the tribunal is close to completing the drafting of the award and expects to issue it in Q1 2024. Any changes to the timing estimate will be duly notified to the claimant.
October 10, 2023 | 1:22 pm
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The news of the upcoming award from ICSID could potentially impact the stock price of Odyssey Marine Exploration, Inc. in the short term.
The news directly pertains to Odyssey Marine Exploration, Inc. and the upcoming award from ICSID could potentially influence investor sentiment and thus the stock price. However, the exact impact is uncertain until the details of the award are known.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100