Welcome to our dedicated page for Oceanpal SEC filings (Ticker: OP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The SEC filings page for OceanPal Inc. (historically Nasdaq: OP) provides access to the company’s regulatory disclosures as a foreign private issuer. OceanPal files its annual information on Form 20-F and furnishes interim and event-driven updates on Form 6-K. These filings cover topics such as financial condition and results of operations, capital markets transactions, auditor changes, reverse stock splits, ticker symbol changes, and equity compensation awards.
For investors analyzing OceanPal’s shipping activities, Form 6-K submissions include management’s discussion and analysis, unaudited interim consolidated financial statements, and detailed fleet data. The company reports time charter revenues, voyage expenses, vessel operating expenses, and non-GAAP measures like time charter equivalent (TCE) rates and daily vessel operating expenses, along with ownership days, available days, operating days, and fleet utilization. These disclosures help readers understand how OceanPal’s dry bulk and tanker fleet performs under time charter and spot employment.
OceanPal’s filings also document capital raising and structural actions. In 2025, the company filed reports describing an upsized public offering of units under an effective Form F-1 registration statement, a large private investment in public equity (PIPE) transaction involving common shares and pre-funded warrants, and the establishment of an at-the-market offering program under a Sales Agreement with co-sales agents. Additional 6-Ks outline a one-for-twenty-five reverse stock split implemented through Articles of Amendment in the Republic of the Marshall Islands and confirm that the company regained compliance with Nasdaq’s minimum bid price requirement.
Another area of focus in OceanPal’s SEC disclosures is its digital asset treasury and governance. Filings describe the formation of SovereignAI Services LLC to implement a NEAR token treasury strategy, the use of PIPE proceeds to acquire NEAR tokens, and subsequent reports on SovereignAI’s NEAR holdings and yield. Other 6-Ks record changes in auditors, amendments to preferred share designations, an amended and restated stockholders rights agreement, and appointments and resignations of directors and senior executives. Stock Titan’s platform can pair these filings with AI-powered summaries to highlight key terms, structural changes, and treasury developments, helping readers navigate complex documents such as registration statements, stockholders rights agreements, and equity award arrangements.
OceanPal Inc. (OP) – Schedule 13D/A (Am. No. 12) discloses updated ownership information for director Eleftherios Papatrifon as of 22 Jul 2025.
- Beneficial ownership: 1,438,610 common shares (via conversion rights on Series C & Series D preferred) representing 7.18 % of the 18,568,812 shares outstanding.
- Components: 915 Series D preferred shares convertible into 618,285 common shares (3.09 % of class) and 1,214 Series C preferred shares convertible into 820,325 common shares (4.10 %). All voting and dispositive power is sole.
- Reason for change: Drop in percentage ownership stems from a rise in OceanPal’s outstanding common stock and revised conversion prices on both preferred series; absolute share count held is unchanged.
- Intent: Holding is for investment. As a board member, Papatrifon may buy or sell additional shares or engage in actions to enhance shareholder value, but no specific plans are announced.
No transactions occurred in the past 60 days, and there are no outstanding contracts or legal proceedings affecting the disclosed stake.
OceanPal Inc. (OP) – Schedule 13D/A Amendment No. 37 (filed 24-Jul-25)
The filing updates the ownership of Semiramis Paliou and her Marshall-Islands entities Tuscany Shipping Corp. and 4 Sweet Dreams S.A. Following an increase in OceanPal’s outstanding common shares to 18,586,812 and a lower conversion price on Series C and Series D preferred stock, the reporting group’s deemed beneficial holding remains 9,718,898 common shares (via preferred-stock convertibles) but now equals 34.34 % of the class, down from prior periods.
- Tuscany Shipping: 9,404 Series D preferred shares, convertible into 6,354,483 common shares (25.48 %).
- 4 Sweet Dreams: 1,339 Series D and 3,640 Series C preferred shares, together convertible into 3,364,415 common shares (15.33 %).
- Semiramis Paliou controls 100 % of both entities; she holds no common shares directly but shares voting/dispositive power over the full 9.7 m shares.
The preferred stock carries 49 % conversion caps, limiting any single conversion from creating majority ownership. In addition, Paliou holds 1,200 super-voting Series E preferred shares, granting up to 25,000 votes each (capped at 15 % of total votes) until OceanPal’s Series B preferred is cancelled or transferred.
No open-market transactions were executed in the past 60 days. The securities are held for investment; the group may buy or sell further shares and continues to engage with management on ways to enhance shareholder value.
Schedule 13D/A (Amend. 17) – OceanPal Inc. (OP) details changes in the equity position of insider group Abra Marinvest Inc. and Ioannis Zafirakis.
- Current indirect ownership: 3,104 Series D and 1,214 Series C preferred shares, convertible into 2,917,764 common shares.
- Ownership percentage: 13.57 % of the 18,586,812 common shares outstanding as of 22 Jul 2025.
- Voting/dispositive power: 0 sole / 2,917,764 shared.
- Change driver: % fell due to a rise in OceanPal’s outstanding share count and a lower conversion price on both preferred series.
- Purpose: Investment; Zafirakis sits on the board and may buy, sell or influence strategy. No transactions in the past 60 days.
No new contracts, litigation or financing arrangements were disclosed.
OceanPal Inc. (OP) – Schedule 13D/A (Amendment 36)
The amendment updates the equity position of reporting persons Semiramis Paliou, Tuscany Shipping Corp. and 4 Sweet Dreams S.A. Following an adjustment to the conversion prices of Series C and Series D preferred stock, their aggregate beneficial ownership fell to 6,091,134 common shares, or 44.45% of the 7,611,212 shares outstanding as of 18-Jul-25. The stake is held entirely through preferred stock that converts to common within 49 % ownership caps.
- Tuscany: 9,404 Series D shares → 3,982,551 common shares (34.35% of outstanding).
- 4 Sweet Dreams: 1,339 Series D + 3,640 Series C shares → 2,108,583 common shares (21.69%).
- Paliou controls both entities, so her indirect stake equals 44.45%; she holds no common shares directly.
Paliou is OceanPal’s Chair and may influence strategy, but reports the holdings are for investment purposes and may change with market conditions. A separate block of 1,200 Series E preferred shares—each carrying up to 25,000 votes, capped at 15% of total votes—remains outstanding but is not yet convertible.
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