OceanPal Inc. Reports Outstanding Shares Post-Offering
Ticker: SVRN · Form: 6-K · Filed: Aug 4, 2025 · CIK: 1869467
| Field | Detail |
|---|---|
| Company | Oceanpal Inc. (SVRN) |
| Form Type | 6-K |
| Filed Date | Aug 4, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: shares-outstanding, public-offering, warrants
TL;DR
OceanPal's share count is ~161.6M after warrant exercises from a recent public offering.
AI Summary
OceanPal Inc. reported on August 4, 2025, that it has approximately 161,645,891 common shares issued and outstanding. This figure includes shares issued after the exercise of Class C Warrants following a recent public offering. The company is a foreign private issuer filing a report under the Securities Exchange Act of 1934.
Why It Matters
This filing provides an update on the company's share structure, which is crucial for investors to understand dilution and ownership percentages following recent capital-raising activities.
Risk Assessment
Risk Level: low — This is a routine disclosure of outstanding shares and does not introduce new financial or operational risks.
Key Numbers
- 161,645,891 — Common Shares Outstanding (As of August 4, 2025, including shares from warrant exercises.)
Key Players & Entities
- OceanPal Inc. (company) — Registrant
- 161,645,891 (dollar_amount) — Common Shares issued and outstanding
- Class C Warrants (company) — Securities exercised
- August 4, 2025 (date) — Reporting date
FAQ
What is the total number of common shares outstanding for OceanPal Inc. as of the reporting date?
As of August 4, 2025, OceanPal Inc. has approximately 161,645,891 common shares issued and outstanding.
What event led to the increase in outstanding shares?
The outstanding shares include those issued upon the exercise of 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.
What type of filing is this for OceanPal Inc.?
This is a Report of Foreign Private Issuer on Form 6-K filed pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934.
What is the principal executive office address for OceanPal Inc.?
The principal executive office is located at Pendelis 26, 175 64 Palaio Faliro, Athens, Greece.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on August 4, 2025 regarding OceanPal Inc. (SVRN).