OceanPal Inc. Reports Outstanding Shares Post-Warrant Exercise
Ticker: SVRN · Form: 6-K · Filed: Jul 29, 2025 · CIK: 1869467
| Field | Detail |
|---|---|
| Company | Oceanpal Inc. (SVRN) |
| Form Type | 6-K |
| Filed Date | Jul 29, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: shares-outstanding, warrants, public-offering
TL;DR
OceanPal's share count is 70.4M after warrant exercises from their recent public offering.
AI Summary
OceanPal Inc. reported on July 29, 2025, that as of July 28, 2025, it had 70,407,833 common shares issued and outstanding. This total includes shares issued following the exercise of Class C Warrants after a recent public offering.
Why It Matters
This filing clarifies the company's current share count, which is crucial for investors to understand ownership dilution and potential voting power following recent capital-raising activities.
Risk Assessment
Risk Level: low — This is a routine disclosure of outstanding shares and does not indicate new financial distress or significant operational changes.
Key Numbers
- 70,407,833 — Common Shares Outstanding (As of July 28, 2025, including shares from warrant exercises.)
Key Players & Entities
- OceanPal Inc. (company) — Registrant
- 70,407,833 (dollar_amount) — Common Shares issued and outstanding as of July 28, 2025
- July 28, 2025 (date) — Date of share count
- Class C Warrants (other) — Warrants exercised leading to share issuance
FAQ
What is the total number of OceanPal Inc. common shares issued and outstanding?
As of the close of business on July 28, 2025, OceanPal Inc. had 70,407,833 common shares issued and outstanding.
When was the share count reported?
The share count was reported as of the close of business on July 28, 2025, in a filing dated July 29, 2025.
What event led to the issuance of some of these common shares?
Common Shares were issued upon the exercise of the Class C Warrants following the Company's recent public offering.
What is the par value of OceanPal Inc.'s common shares?
The par value of OceanPal Inc.'s common shares is $0.01 per share.
Which registration statements are referenced in this filing?
This filing incorporates information by reference into the Company's registration statements on Form F-3, specifically File Nos. 333-269961 and 333.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on July 29, 2025 regarding OceanPal Inc. (SVRN).