Anamar Investments Amends OceanPal Stake, Signals Ownership Shift
Ticker: SVRN · Form: SC 13D/A · Filed: Jan 22, 2024 · CIK: 1869467
| Field | Detail |
|---|---|
| Company | Oceanpal Inc. (SVRN) |
| Form Type | SC 13D/A |
| Filed Date | Jan 22, 2024 |
| Risk Level | medium |
| Pages | 6 |
| Reading Time | 7 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: insider-ownership, amendment, beneficial-ownership, corporate-governance
TL;DR
**Anamar Investments just updated its OceanPal Inc. stake, watch for potential shifts!**
AI Summary
Anamar Investments Inc. filed an Amendment No. 6 to its Schedule 13D, indicating a change in its beneficial ownership of OceanPal Inc. common stock as of January 16, 2024. This filing updates previous disclosures regarding Anamar's stake in the deep-sea foreign transportation company. This matters to investors because significant changes in ownership by large shareholders like Anamar can signal shifts in control or strategic direction, potentially impacting the stock's future performance.
Why It Matters
This filing updates the public on a significant shareholder's position, which can influence market perception and potentially future corporate actions for OceanPal Inc.
Risk Assessment
Risk Level: medium — Changes in major shareholder positions can introduce uncertainty regarding company control and future strategic decisions, posing a medium risk to current and prospective investors.
Analyst Insight
Investors should monitor subsequent filings from Anamar Investments Inc. and OceanPal Inc. for further details on the nature and implications of this ownership change, as it could precede strategic shifts or further transactions.
Key Players & Entities
- Anamar Investments Inc. (company) — the entity filing the SC 13D/A amendment
- OceanPal Inc. (company) — the subject company whose securities are being reported
- Anastasios Margaronis (person) — person authorized to receive notices and communications for Anamar Investments Inc.
- $0.01 (dollar_amount) — par value per share of OceanPal Inc. Common Stock
- January 16, 2024 (date) — date of the event requiring the filing of this statement
FAQ
What is the purpose of this specific SC 13D/A filing by Anamar Investments Inc.?
This SC 13D/A filing, specifically Amendment No. 6, updates previous disclosures regarding Anamar Investments Inc.'s beneficial ownership of OceanPal Inc. common stock, as required by the Securities Exchange Act of 1934.
What is the CUSIP number for OceanPal Inc.'s Common Stock mentioned in the filing?
The CUSIP number for OceanPal Inc.'s Common Stock, $0.01 par value per share, is Y6430L202, as stated in the filing.
Who is the authorized person to receive notices and communications for Anamar Investments Inc. according to this filing?
Mr. Anastasios Margaronis, located at Pendelis 16, 175 64 Palaio Faliro Athens, Greece, is the authorized person to receive notices and communications for Anamar Investments Inc., as per the filing.
What is the par value of OceanPal Inc.'s Common Stock?
The par value of OceanPal Inc.'s Common Stock is $0.01 per share, as indicated in the filing.
When was the event that required the filing of this Schedule 13D/A?
The date of the event which required the filing of this statement was January 16, 2024.
Filing Stats: 1,735 words · 7 min read · ~6 pages · Grade level 9.7 · Accepted 2024-01-22 17:00:31
Key Financial Figures
- $0.01 — l Inc. (Name of Issuer) Common Stock, $0.01 par value per share (Title of Class of
Filing Documents
- d10938137_13d-a.htm (SC 13D/A) — 72KB
- 0000919574-24-000479.txt ( ) — 73KB
From the Filing
SC 13D/A 1 d10938137_13d-a.htm UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 13D THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No.6)* OceanPal Inc. (Name of Issuer) Common Stock, $0.01 par value per share (Title of Class of Securities) Y6430L202 (CUSIP Number) Attn: Mr. Anastasios Margaronis Pendelis 16, 175 64 Palaio Faliro Athens, Greece + 30-210-9470-100 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) January 16, 2024 (Date of Event Which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of ss.240.13d-1(e), 240.13d1(f) or 240.13d-1(g), check the following box [ ]. Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See 240.13d-7 for other parties to whom copies are to be sent. _____________ * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. Y6430L202 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Anastasios Margaronis 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [x] 3. SEC USE ONLY 4. SOURCE OF FUNDS OO 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] 6. CITIZENSHIP OR PLACE OF ORGANIZATION Greece NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7. SOLE VOTING POWER 0 8. SHARED VOTING POWER 508,945 9. SOLE DISPOSITIVE POWER 0 10. SHARED DISPOSITIVE POWER 508,945 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 508,945 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.39% 14. TYPE OF REPORTING PERSON IN CUSIP No. Y6430L202 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Anamar Investments Inc. 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_] (b) [x] 3. SEC USE ONLY 4. SOURCE OF FUNDS OO 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_] 6. CITIZENSHIP OR PLACE OF ORGANIZATION Republic of the Marshall Islands NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7. SOLE VOTING POWER 0 8. SHARED VOTING POWER 508,945 9. SOLE DISPOSITIVE POWER 0 10. SHARED DISPOSITIVE POWER 508,945 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 508,945 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [_] 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.39 % 14. TYPE OF REPORTING PERSON CO EXPLANATORY NOTE This Amendment No. 6 (the "Amendment No. 6") to the Schedule 13D amends the statement on Schedule 13D that was originally filed with the U.S. Securities and Exchange Commission (the "Commission") on December 13, 2021 (the "Schedule 13D") as amended on October 6, 2023, October 16, 2023, October 18, 2023, November 24, 2023 and December 15, 2023, filed by the Reporting Persons (as defined below) related to the shares of common stock, par value $0.01 per share (the "Shares"), of OceanPal Inc. (the "Issuer"). This Amendment No. 6 is being filed to report a decrease in the percentage ownership of Shares the Reporting Persons may be deemed to beneficially own through its ownership of the Issuer's Series D Preferred Stock which may be converted into Shares of the Issuer at the Reporting Person's option (subject to certain ownership restrictions contained in the Series D Preferred Stock Item 1. Security and Issuer. This amended Schedule 13D relates to shares of common stock, par value $0.01 per share (the "Shares"), of OceanPal Inc. (the "Issuer"). The principal executive office and mailing address of the Issuer is Pendelis 26, 175 64 Palaio Faliro, Athens, Greece. Item 2. Identity and Background. This amended Schedule 13D is being filed on behalf of Anastasios Margaronis ("Margaronis"), a citizen of Greece, and Anamar Investments Inc., a Marshall Islands corporation ("Anamar"). Margaronis and Anamar are collectively referred to as the "Reporting Persons." Margaronis may be deemed to beneficially own all of the issued and outstanding shares of Anamar, as the result