OceanPal Inc. filings document a foreign private issuer with shipping operations, a NEAR Protocol treasury strategy and recurring capital-structure activity. Form 6-K reports cover financial results, vessel revenue, staking reward income, reverse stock splits, articles amendments, Nasdaq listing compliance matters and updates incorporated by reference into the company’s shelf registration statements.
The filing record also addresses governance and reporting controls, including director changes, corporate secretary changes and engagement of an independent registered public accounting firm. Registration and current-report disclosures describe common shares, warrants, offering activity, risk and compliance topics, and the company’s transition from a pure shipping operator toward a diversified model that includes SovereignAI Services LLC.
OceanPal Inc. announced that its board of directors has approved a one-for-twenty-five reverse stock split of the company’s common shares, par value $0.01 per share, to be effected on August 25, 2025.
The notice was filed on Form 6-K and the company states this information is incorporated by reference into its effective Form F-3 registration statements (File Nos. 333-269961 and 333-273073).
OceanPal Inc. updated its capitalization, reporting 167,402,561 common shares outstanding with a par value of $0.01 per share. The total includes common shares issued upon the exercise of the Company’s Class C Warrants following its recent public offering, so the reported figure reflects the post-exercise share count.
The report also states this disclosure is incorporated by reference into the Company’s Form F-3 registration statements (File Nos. 333-269961 and 333-273073). The filing clarifies the current share count and the composition of issued common stock.
OceanPal Inc. submitted a Form 6-K as a foreign private issuer, providing investors with access to a press release announcing its financial results for the second quarter and six months ended June 30, 2025. The filing also states that the information is incorporated by reference into OceanPal’s effective Form F-3 shelf registration statements, allowing those offerings to rely on the newly furnished financial information.
OceanPal Inc. received a Schedule 13G disclosing that several Arena-affiliated investment vehicles and managers report beneficial ownership of Common Stock representing single-digit, material stakes in the company. The largest reported position is 1,600,000 shares (7.9%) held by Arena Investors, LP. Arena Special Opportunities Parallel Investor Vehicle III US, LP reports 1,295,680 shares (6.5%) and Arena Special Opportunities (Offshore) Master, LP reports 304,320 shares (1.6%). The filing explains that the reported shares consist entirely of Common Stock underlying warrants that were exercisable within 60 days of the reporting date, and that the percentage calculations use 18,586,812 shares outstanding as reported in the issuer's prospectus. The cover information identifies Arena Investors and several affiliated GP entities as reporting persons and states that certain manager and GP entities may be deemed to beneficially own shares held by the private investment vehicles. The filing does not state any intent to change or influence control.
OceanPal Inc. (Ticker: OP) – Schedule 13G/A (Amend. 5) dated 07/31/2025 discloses updated insider ownership.
- Simeon Palios beneficially owns 7,311,648 common shares, equal to 5.17 % of the outstanding class. He holds shared voting and dispositive power over the entire position and no sole power.
- Two Marshall Islands entities he controls are listed separately: Taracan Investments S.A. with 4,962,962 shares (3.49 %) and Limon Compania Financiera S.A. with 2,348,686 shares (1.68 %). Each entity likewise has only shared voting/dispositive power.
- A Conversion Agreement signed 15 Oct 2024 limits the combined conversion of Series D preferred stock so that Palios, Taracan and Limon cannot exceed 14.99 % ownership of OceanPal common stock.
The filing affirms that the securities were acquired without intent to influence control of the issuer. No other investors exceed 5 % ownership, and no financial results or transaction details are provided.
Amendment No. 38 to Schedule 13D – OceanPal Inc. (OP) updates the position of director/chairperson Semiramis Paliou and her wholly-owned entities, Tuscany Shipping Corp. and 4 Sweet Dreams S.A.
- The reporting group now beneficially owns 62,671,022 common shares, or 31.32 % of the 137,400,215 shares outstanding as of 31 Jul 2025.
- Holdings are entirely through convertible preferred stock: Tuscany holds 9,404 Series D shares (40,976,034 commons, 22.97 %); 4 Sweet Dreams holds 1,339 Series D and 3,640 Series C shares (21,694,988 commons, 13.64 %).
- The percentage fell due to an increase in OceanPal’s common share count and a change in the Series C/D conversion prices; no share sales were reported.
- Paliou also owns 1,200 Series E super-voting preferred shares, each carrying up to 25,000 votes (capped at 15 % of total votes) and convertible only after a Series B event.
All voting and dispositive power is shared among the three entities; none of the parties holds sole power. The group may buy or dispose of additional shares and is in dialogue with management on strategies to enhance shareholder value. Overall, the filing confirms continued significant insider influence—over 30 % economic stake plus enhanced voting rights—even as relative ownership declines.
OceanPal Inc. (OP) – Schedule 13D/A Amendment No. 13 (filed 08/01/25)
Director Eleftherios Papatrifon now reports 9,276,688 common shares equivalent, representing 6.32 % of OP’s 137.4 M shares outstanding. The position is held entirely through
- 1,214 Series C Preferred convertible into 5,289,760 common shares (3.61 %).
- 915 Series D Preferred convertible into 3,986,928 common shares (2.71 %).
Papatrifon acquired the preferred shares via OP equity awards, pro-rata distributions from Diana Shipping, and an October 15 2024 share-purchase agreement. He may buy or sell additional shares, act with other holders, or propose actions to enhance value, subject to a 49 % conversion cap in each preferred class.
No other persons share voting or economic rights; no additional contracts or exhibits were filed.