OceanPal Inc. Announces Reverse Stock Split to Be Effective August 25, 2025
Written by Emily J. Thompson, Senior Investment Analyst
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Source: Newsfilter
Reverse Stock Split Announcement: OceanPal Inc. will implement a one-for-twenty-five reverse stock split of its common shares, approved by shareholders, effective August 25, 2025, reducing outstanding shares from approximately 167 million to about 6.7 million.
Company Overview and Forward-Looking Statements: OceanPal specializes in shipping transportation services for bulk commodities and refined petroleum products, with a focus on maximizing shareholder value; the company also includes cautionary forward-looking statements regarding potential risks and uncertainties affecting future performance.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
