OceanPal Inc. (OP)
NCM · Common · CUSIP Y6430L202
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Security Profile

Security Type
Common Stock
CUSIP
Y6430L202 (prev. Y6430L103 )
Market Cap
Micro Cap
Business: OceanPal Inc. is a global provider of shipping transportation services through its ownership of vessels. The Company’s vessels currently transport a range of dry bulk cargoes, including such commodities as iron ore, coal, grain and other materials along worldwide shipping routes and it is expected that the Company’s vessels will be primarily employed on short term time and voyage charters following the completion of their current employments.
Notes: June 7, 2023 -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, announced today that its board of directors has determined to effect a one-for-twenty reverse stock split of the Company's common shares, par value $0.01 per share. The Company's shareholders approved the reverse stock split at the Company's annual meeting of shareholders held on May 3, 2023. The reverse stock split will take effect, and the Company's common shares will begin trading on a split-adjusted basis on NASDAQ, as of the opening of trading on June 8, 2023, under the existing trading symbol “OP”. The CUSIP number of Y6430L202 will be assigned to the Company's common shares when the reverse stock split becomes effective.

Company Contact

CEO
Robert Jonathan Perri
CFO
Ioannis Zafirakis
Investor Relations
Edward Nebb, Comm-Counsellors, LLC · 203-972-8350 · enebb@optonline.net
SEC EDGAR Filings
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