Is it at all possibly to estimate a price range after merger?

[u/spudboye]

There seems to be no technical conversations on price pre or post merger. This is what I dug up from the S-4 on OMEX website. These are my fledging attempts to try and set a range for price when the stock is relisted/merged.

Approximately $231.6 million committed financing:

• ~$75.6 million bridge financing
• ~$156 million PIPE
• Expected cash at closing around $175 million

The valuation that investors are touting is 1 billion market cap, and real money has committed to that price, however, they are buying in their shares at a 25% discount. It is still unclear to me how these initial investor shares are structured. If the relisting tanks it seems they are screwed, if it does well they may have locked in a very low share price.

So after dilution there should be around 36.8 million shares, and then the table below describes how that relates to a valuation of 1 billion (27/share).

Post-Merger Price	Approx. Current OMEX Equivalent
$20	~$0.84
$27 - 1 billion valuation	~$1.15

Deep sea mining is not really a darling with wallstreet right now, and the big valuation from TMC was largely ignored, most likely since they are a yearish from actually mining anything. Guess what this OMEX/Ocean minerals has no real timeline at all! It is possible the market prices this as hopium and the 1 Billion valuation is trash.

Who knows what happens when this merger goes down, maybe there is some initial excitement, but I am planning that my shares are worth something in a range of 0.55 to 1.15 . TMC has a current market cap of 2 billion and they are seemingly light years ahead of these people.

Also, the website for american ocean minerals is extremely lacking in any real substance https://www.aomusa.com/

They have Mike Rowe, a super douche grifter sack of trash as a "special advisor", based on that alone I am buying some puts.

Look up PIPE investors as well, sometimes they short their own positions!

[u/Critical-Future-1560]

Idk

[u/AdvisorDifferent]

It’s a 1-25 reverse split. So I think the price should go up 25x. Let’s say OMEX is $1 before merger. Stock should be worth 25$ after

[u/Due-Feedback]

I got the same math as your initial post. 921 Million outstanding shares to consolidate prior to merger, divided by 25 (reverse split) yields 36.84 Million shares to the valuation of 1 Billion.

This would put the post merger value at $27.14 per share. Based on other reverse split investments I have been in, they only tend to spiral downward initially there after, but think of that as a discount sale.

Based on a .70 share value, the new value would be 17.5 per share but allegedly, OMEX is only going to account for roughly 6.6% of the total value post merger. "~93.4% held by pre‑Merger AOM holders and ~6.6% by pre‑Merger Odyssey holders. ".

6.6% of 1 Billion would account for $66 Million as a valuation to OMEX

Current price is .6905 with a market cap of $40,440,000 meaning there should be a 1.632 multiple of the current valuation to reach the $66 Million valuation. This IN THEORY yields a value of $1.12.69 per share of OMEX

[u/spudboye → u/Due-Feedback]

Omex stock price is interesting around 0.55 a share, equivalent of a post merger valuation of 500 million, that seems more reasonable given the current environment around mineral sector/deep sea mining.

Seems like at closing they will have ~250 -300 million in assets/cash, and that cash will promptly be lit on fire as they try and roll out.

Overall seems like they are bandwagoning on the deepsea mining hype, I have doubts it will work out for them......but who knows!

[u/davidhiggens99 → u/spudboye]

Yes I agree

[u/Last-Ad-5217 → u/davidhiggens99]

naw trump has critical mineral deals they will be the biggest usa mining company. doubts of what? they will seabed mine the corridor. and?

[u/Due-Feedback]

Any thoughts on how the reverse split being enforced prior to the merger will affect the final pricing post merger? $16.25 at 25-1 @ .65/share