RegulatoryMay 22, 2026, 04:38 PM
OceanPal receives Nasdaq delinquency notice for late 20-F filing
AI Summary
OceanPal Inc. announced it received a Nasdaq delinquency notification on May 19, 2026, due to its failure to timely file its Annual Report on Form 20-F for the fiscal year ended December 31, 2025. This notification does not immediately impact the listing or trading of the company's common shares on the Nasdaq Capital Market. OceanPal has 60 calendar days, until July 20, 2026, to submit a plan to regain compliance, with a potential extension until October 27, 2026, and intends to resolve the issue promptly.
Key Highlights
- OceanPal received a Nasdaq delinquency notification on May 19, 2026.
- Notification is for non-compliance with Nasdaq Listing Rule 5250(c)(1).
- Company failed to timely file its Annual Report on Form 20-F for fiscal year 2025.
- No immediate effect on the listing or trading of OceanPal's common shares.
- OceanPal has 60 calendar days, until July 20, 2026, to submit a compliance plan.
- Nasdaq may grant an extension of up to 180 calendar days, until October 27, 2026.
- Company intends to resolve the issue in a timely fashion.
Price Impact
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