SVRN - Dividend announcements

The sale of the Company's vessel-owning holding company was settled entirely in OceanPal securities and debt—no cash changed hands, no common stock was issued, and no NEAR was sold.ATHENS, Greece and NEW YORK, Aug. 3, 2026 /PRNewswire/ -- OceanPal Inc. ((", OceanPal", or the ", Company", , NASDAQ:SVRN) today announced that on July 31, 2026 it completed the sale of 100% of the membership interests in OP Vessel Holdco LLC, the subsidiary that held the Company's remaining vessels through wholly owned vessel-owning subsidiaries, to Sezali Inc. The consideration of the transaction consisted of all 12,185 outstanding shares of the Company's 8.0% Series C Cumulative Convertible Perpetual Preferred

ATHENS, Greece, Jan. 13, 2026 /PRNewswire/ -- OceanPal Inc. ((", OceanPal", or ", OP", , NASDAQ:SVRN), announces today the final results of its tender offer (the "Offer"), which expired at 5:00 P.M. Eastern time on January 8, 2026. Based on the final count by Computershare Trust Company, N.A., the depositary for the Tender Offer, 18,996 shares of the Company's 7.0% Series D Cumulative Convertible Perpetual Preferred Stock, par value $0.01 per share, with a $1,000 liquidation preference per share (the "Shares") have been validly tendered for purchase in the Offer and not properly withdrawn prior to expiration of the Offer. The Company expects to accept all of these Shares for purchase in acc

ATHENS, Greece, Dec. 11, 2025 /PRNewswire/ -- OceanPal Inc. ((", OceanPal", or ", OP", , NASDAQ:SVRN), previously announced its offer to purchase any and all outstanding shares of its 7.0% Series D Cumulative Convertible Perpetual Preferred Stock, par value $0.01 per share, with a $1,000 liquidation preference per share, (the "Series D Preferred Shares", or the "Shares"), at a price of $1,400 per share plus accrued dividends (the "Offer") for Shares properly tendered and accepted for purchase pursuant to the Offer.The amount of accrued and unpaid dividends payable in connection with the Offer as of the Offer settlement date is expected to be $16.33 per share compared to the $17.50 per share

To Purchase All Outstanding Shares of its 7.0% Series D Cumulative Convertible Perpetual Preferred Stock ATHENS, Greece and NEW YORK, Dec. 3, 2025 /PRNewswire/ -- OceanPal Inc. ((", OceanPal", or ", OP", , NASDAQ:SVRN) today announced it is commencing a tender offer to purchase any and all outstanding shares of its 7.0% Series D Cumulative Convertible Perpetual Preferred Stock, par value $0.01 per share, with a $1,000 liquidation preference per share, (the "Series D Preferred Shares"), at a price of $1,400 per share plus accrued dividends (the "Offer to Purchase"). The tender offer will expire at the end of the day, 5:00 P.M., Eastern Time, on January 8, 2026, unless extended or withdrawn.