SVRN OceanPal Inc.
Price Chart
Executive Summary
OceanPal Inc. executed a 1-for-20 reverse stock split effective March 30, 2026, reducing its issued shares from 37,517,290 to 1,875,864. This corporate action adjusts share count and stated capital but does not impact the company's fundamentals or market value.
Actionable Insight
Monitor trading volume and price stability following the reverse split. Watch for potential delisting avoidance implications given the company's small market cap of $38M. No fundamental change to business operations or value.
Key Facts
- OceanPal Inc. completed a 1-for-20 reverse stock split effective March 30, 2026
- Issued shares reduced from 37,517,290 to 1,875,864 (excluding fractional shares)
- Stated capital decreased from $375,172.90 to $18,758.64
- Par value of common stock remains unchanged at $0.01 per share
- Filing is a routine corporate action to adjust capital structure
Financial Impact
No change to market capitalization; only share count and stated capital adjusted
Risk Factors
- Reverse split may signal financial distress to market participants
- Potential for increased volatility during share consolidation
- No improvement in underlying business fundamentals
Market Snapshot
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0000919574-26-001968 |
| Document: d12131360_6k.htm | 0000919574-26-001968 |
| Document: 0000919574-26-001968-index-headers.html | 0000919574-26-001968 |
| Document: 0000919574-26-001968-index.html | 0000919574-26-001968 |
| Document: 0000919574-26-001968.txt | 0000919574-26-001968 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 15, 2026
5d ago
|
6-K
| $6.00 awaiting T+20 | awaiting T+20 | — | $8.21 (−36.83%) |
|
May 13, 2026
7d ago
|
6-K
| — | awaiting T+20 | — | — |
|
Apr 16, 2026
4w ago
|
6-K
| $10.22 $6.12 | ▼ −40.12% | ▼ −45.49% | $8.21 (−19.67%) |
|
Mar 30, 2026
7w ago
|
6-K
| $7.10 $8.63 | ▲ +21.55% | ▲ +12.13% | $8.21 (+15.63%) |
|
Mar 27, 2026
7w ago
|
6-K
| $7.35 $8.27 | ▲ +12.52% | ▼ −0.08% | $8.21 (+11.70%) |
|
Mar 26, 2026
7w ago
|
6-K
| $6.16 $8.83 | ▲ +43.34% | ▲ +32.68% | $8.21 (+33.28%) |
US Market Status
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