SVRN - Dividend announcements

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liquidation preference per share (the "Shares") have been validly tendered for purchase in the Offer and not properly withdrawn prior to expiration of the Offer.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 The tender offer will expire at the end of the day, 5:00 P.M., Eastern Time, on January 8, 2026, unless extended or withdrawn.