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Stock impact report

OceanPal Inc. Announces Accrued Dividend Payment in Tender Offer

OceanPal Inc. (SVRN) 
Company Research Source: PR Newswire
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 dividend paid for the period from July 15, 2025 to October 14, 2025, on October 15, 2025. The Offer is being made upon the terms and subject to the conditions set forth in the Offer to Purchase and related documents filed with the Securities and Exchange Commission ("SEC"). This clarification does not mod Show less Read more
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