OP
OceanPal Inc.·Industrials
12.35
32.742%(+3.04)
Market ClosedLast Updated: — ET
52W L: $0.1952W H: $79.25
OP NEWS
prnewswire.com
21h ago
OceanPal Inc. Receives Nasdaq Notification Regarding Late Filing of Form 20-F
ATHENS, Greece, May 22, 2026 /PRNewswire/ -- OceanPal Inc. (NASDAQ: SVRN) (the "Company" or "OceanPal") today announced that on May 19, 2026 it received a delinquency notification letter (the "Notification") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") regarding the Company's non-compliance with Nasdaq Listing Rule 5250(c)(1) as a result of the Company's not having timely filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2025 (the "Form 20-F"). The Notification has no immediate effect on the listing or trading of the Company's common shares on the Nasdaq Capital Market, which trades under the symbol "SVRN.
prnewswire.com
May 13
OceanPal Inc. Announces 2026 Annual General Meeting of Shareholders to be Held on June 16, 2026
ATHENS, Greece and NEW YORK, May 13, 2026 /PRNewswire/ -- OceanPal Inc. (NASDAQ: SVRN) today announced that its 2026 Annual General Meeting of Shareholders (the "Annual Meeting") will be held on Tuesday, June 16, 2026, at 11:00 a.m. Eastern Time, at 151 West 43rd Street, New York, New York.
prnewswire.com
Apr 16
OceanPal Inc. Regains Nasdaq Compliance
Nasdaq Affirms OceanPal as a Qualified Listed Company; Company to Continue Advancing NEAR Treasury Strategy and Commercial Ecosystem Adoption ATHENS, Greece and NEW YORK, April 16, 2026 /PRNewswire/ -- OceanPal Inc. ("OceanPal" or the "Company", NASDAQ: SVRN) today announced that the Nasdaq Listing Qualifications staff have confirmed that OceanPal has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) and that the Company is in compliance with the Nasdaq Capital Market's listing requirements. OceanPal continues to execute a significant strategic evolution—expanding from a pure-play shipping operator into a diversified company anchored by its NEAR Protocol treasury of approximately 55 million NEAR tokens (including collateral pledged to counterparties), which the Company believes is the only institutionally managed NEAR position of its kind available to public market investors.
prnewswire.com
Apr 9
OceanPal Inc. Discloses Share Repurchases Under Existing Board-Authorized Program; Establishes 0.8x mNAV as a Target Repurchase Threshold
Company has repurchased a total of 345,168 shares prior to the reverse split under its previously announced $10 million program, with $7.3 million remaining in authorized capacity; Company targets buybacks under 0.8x mNAV when shares are undervalued ATHENS, Greece, April 9, 2026 /PRNewswire/ -- OceanPal Inc. (the "Company" or "OceanPal", NASDAQ: SVRN), today announced that it has repurchased a total of 345,168 shares of OceanPal common stock (as adjusted to reflect the reverse stock split) from the initiation of its previously authorized share buyback program through March 27th, 2026. The Company also announced that it will target a 0.8x multiple of net asset value ("mNAV") as a target repurchase threshold for future share repurchases, below which the Company will treat repurchases of its common stock as a primary capital allocation priority.
prnewswire.com
Mar 26
OceanPal Inc. Reports Financial Results for the Year Ended December 31, 2025, and Introduces 2026 Guidance
ATHENS, Greece, March 26, 2026 /PRNewswire/ -- OceanPal Inc. (NASDAQ: SVRN) (the "Company" or "OP"), a global shipping company and digital asset treasury operator, today announced its financial results for the fiscal year ended December 31, 2025, alongside financial guidance for the fiscal year 2026. 2025 represented a defining milestone in the Company's evolution.
prnewswire.com
Mar 26
OceanPal Inc. Announces Reverse Stock Split to be Effective March 30, 2026
ATHENS, Greece, March 26, 2026 /PRNewswire/ -- OceanPal Inc. (NASDAQ: SVRN) (the "Company"), announced today that its board of directors has determined to effect a one-for-twenty reverse stock split of the Company's common shares, par value $0.01 per share. The Company's shareholders had approved the reverse stock split at the Company's annual meeting of shareholders held on May 20, 2025.
