OceanPal Inc. Announces 1-for-25 Reverse Stock Split Effective August 25, 2025

Reuters08-21

OceanPal Inc. Announces 1-for-25 Reverse Stock Split Effective August 25, 2025

OceanPal Inc. has announced a one-for-twenty-five reverse stock split of its common shares, effective August 25, 2025. The company's shares will trade on a split-adjusted basis on NASDAQ under the symbol "OP" from that date. The reverse stock split will reduce the number of outstanding shares from approximately 167.4 million to about 6.7 million, while the par value per share remains unchanged. Fractional shares will not be issued, with cash payments provided in lieu of fractional shares based on the closing price on August 22, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Oceanpal Inc. published the original content used to generate this news brief on August 21, 2025, and is solely responsible for the information contained therein.

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The company's shares will trade on a split-adjusted basis on NASDAQ under the symbol \"OP\" from that date. The reverse stock split will reduce the number of outstanding shares from approximately 167.4 million to about 6.7 million, while the par value per share remains unchanged. Fractional shares will not be issued, with cash payments provided in lieu of fractional shares based on the closing price on August 22, 2025.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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Announces 1-for-25 Reverse Stock Split Effective August 25, 2025\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-08-21 20:11</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      OceanPal Inc. Announces 1-for-25 Reverse Stock Split Effective August 25, 2025\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        OceanPal Inc. has announced a one-for-twenty-five reverse stock split of its common shares, effective August 25, 2025. 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Fractional shares will not be issued, with cash payments provided in lieu of fractional shares based on the closing price on August 22, 2025.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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