Unfortunately, he did die.
4 p.m. Update - A 34-year old scuba diver has died after coming up to the surface unconscious following a dive, according to Coast Guard Petty Officer Chris McLaughlin.
The diving boat Bubble Trouble, out of Cape May, was 38 miles southeast of the city when a crew member radioed for help at 10:17 a.m., the Coast Guard said.
The diver had been hoisted on board the pleasure craft Baroness after he surfaced, McLaughlin said, and a helicopter crew from Coast Guard Air Station Atlantic City soon arrived on the scene.
The man, whose identity was not released, was choppered to Cape May County Airport in Lower Township and taken to Cape May Regional Medical Center, where he was pronounced dead hours later.
According to coordinates given by the Coast Guard, the Bubble Trouble was near the location of the wreck of the USS S-5, a U.S. Navy submarine that sank in 1920.