[SCHEDULE 13G/A] OceanPal Inc. SEC Filing

Rhea-AI Filing Summary

OceanPal Inc. (OP) – Schedule 13G/A, Amendment 6: Maria Margaroni and Coronis Investments Inc. jointly report beneficial ownership of 8,614,379 common shares, equal to 5.9 % of the outstanding class as of the 31 Jul 2025 event date. Both filers hold 0 shares with sole voting or dispositive power; all powers are shared between them. The position arises from Series D preferred stock that is convertible into common shares, but a 15 Oct 2024 conversion agreement caps their combined ownership at 14.99 % of OceanPal’s post-conversion common stock.

The filing is made under Rule 13d-1(c), signalling a passive investment stance. Certifications state the securities were not acquired to influence control of the issuer. Signatures were executed on 1 Aug 2025 by Ms. Margaroni in her individual capacity and as President of Coronis Investments.

Positive

• Significant insider alignment: a 5.9 % ownership position links reporting persons’ economic interests with common shareholders.
• Control cap at 14.99 %: contractual limit reduces risk of sudden majority influence and offers clarity on maximum dilution.

Negative

• Dilution risk: Series D preferred shares remain convertible, potentially increasing the float toward the 14.99 % threshold.
• Concentrated influence: shared voting power places material sway over nearly 6 % of shares in one investor group.

Insights

Securities Analyst

TL;DR: 5.9 % passive stake disclosed; limited control intent; modest alignment with shareholders.

This Amendment 6 maintains Margaroni/Coronis holdings just under the 6 % threshold, indicating no major accumulation or divestiture since the prior update. The conversion cap at 14.99 % mitigates control risk while leaving room for additional dilution should further preferred shares convert. Passive filing (13G vs. 13D) signals no activist agenda, reducing near-term governance uncertainty. Overall impact on valuation is limited; however, insider exposure suggests some confidence in OceanPal’s prospects.

Risk Analyst

TL;DR: Potential dilution from Series D preferred remains, but control risk constrained by 14.99 % limit.

The disclosed stake could still expand to the conversion ceiling, implying incremental share supply pressure. Shared voting/dispositive rights mean decisions are coordinated, concentrating influence in one economic group. Yet the explicit certificate that the stake is not for control—and the passive filing—dampens takeover speculation. From a risk perspective, monitor future amendments for movements toward the 14.99 % cap which would heighten dilution and governance considerations.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 6)

OceanPal Inc.

(Name of Issuer)

Common Stock, Par Value $0.01 Per Share

(Title of Class of Securities)

Y6430L202

(CUSIP Number)

07/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. Y6430L202

1

Names of Reporting Persons

Maria Margaroni

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

GREECE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 8,614,379.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 8,614,379.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

8,614,379.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.9 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

CUSIP No. Y6430L202

1

Names of Reporting Persons

Coronis Investments Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

MARSHALL ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 8,614,379.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 8,614,379.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

8,614,379.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.9 %

12

Type of Reporting Person (See Instructions)

CO

Comment for Type of Reporting Person: On October 15, 2024, the Issuer entered into a preferred stock conversion agreement (the "Conversion Agreement") with Maria Margaroni and Coronis Investments Inc. (the "Holders") pursuant to which the Holders, together with their respective affiliates, agree not to exercise, and the Company agrees not to convert, the Holders' shares of Series D Preferred Stock to the extent that after giving effect to such exercise and conversion the Holders and their affiliates would beneficially own in excess of 14.99% of the Issuers' shares of common stock immediately outstanding after giving effect to the issuance of shares of common stock issuable upon exercise and conversion of the shares of Series D Preferred Stock.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: OceanPal Inc.
(b)	Address of issuer's principal executive offices: Pendelis 26, 175 64 Palaio Faliro, Athens, Greece
Item 2.
(a)	Name of person filing: Mrs. Maria Margaroni ("Margaroni") Coronis Investments Inc. ("Coronis", together with Margaroni, the "Reporting Persons")
(b)	Address or principal business office or, if none, residence: The principal business address of each filer is: c/o Pendelis 16, 175 64 Palaio Faliro, Athens, Greece
(c)	Citizenship: Greece Marshall Islands
(d)	Title of class of securities: Common Stock, Par Value $0.01 Per Share
(e)	CUSIP No.: Y6430L202
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: Mrs. Maria Margaroni: 8,614,379 Coronis Investments Inc.: 8,614,379
(b)	Percent of class: Mrs. Maria Margaroni: 5.90% Coronis Investments Inc.: 5.90%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: Mrs. Maria Margaroni: 0 Coronis Investments Inc.: 0
	(ii) Shared power to vote or to direct the vote: Mrs. Maria Margaroni: 8,614,379 Coronis Investments Inc.: 8,614,379
	(iii) Sole power to dispose or to direct the disposition of: Mrs. Maria Margaroni: 0 Coronis Investments Inc.: 0
	(iv) Shared power to dispose or to direct the disposition of: Mrs. Maria Margaroni: 8,614,379 Coronis Investments Inc.: 8,614,379
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Maria Margaroni

Signature:	/s/ Maria Margaroni
Name/Title:	Maria Margaroni
Date:	08/01/2025

Coronis Investments Inc.

Signature:	/s/ Maria Margaroni
Name/Title:	Maria Margaroni, President
Date:	08/01/2025

FAQ

How many OceanPal (OP) shares do Maria Margaroni and Coronis Investments own?

They beneficially own 8,614,379 common shares.

What percentage of OceanPal’s outstanding shares does 8.6 million represent?

The stake equals 5.9 % of the current common stock.

Do the reporting persons have sole or shared voting power?

They hold 0 shares with sole voting power and 8,614,379 shares with shared voting power.

Is there a limit on how much of OceanPal the investors can own?

Yes. A 14.99 % cap was set in the 15 Oct 2024 preferred stock conversion agreement.

Is this a passive or activist filing?

Filed under Rule 13d-1(c), indicating a passive investment with no intent to influence control.

When was the Schedule 13G/A signed?

Both signatures are dated 1 Aug 2025.