OceanPal Inc.

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.

OceanPal Inc. announced its inability to file its Annual Report on Form 20-F for the fiscal year ended December 31, 2025, within the prescribed extension period. This delay is attributed to an ongoing review of certain accounting matters, which the company had previously disclosed. OceanPal Inc. stated its commitment to diligently complete and file the Form 20-F as soon as practicable.

OceanPal Inc. announced its 2026 Annual General Meeting of Shareholders will be held on June 16, 2026, at 11:00 a.m. Eastern Time in New York. Shareholders of record as of May 8, 2026, are entitled to vote. Key proposals include the election of two Class II Directors, a proposed name change to "SVRN, Inc.", and the appointment of CBIZ CPAs P.C. as the independent auditor for fiscal year 2026.