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OceanPal Inc. Updates Share Count Following Recent Offering

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OceanPal Inc. Updates Share Count Following Recent Offering

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OceanPal Inc ( (OP) ) has shared an announcement.

On August 4, 2025, OceanPal Inc. announced that it has approximately 161,645,891 common shares issued and outstanding, following the exercise of Class C Warrants from a recent public offering. This development is part of the company’s ongoing efforts to enhance its capital structure and market presence, potentially impacting its financial strategy and shareholder value.

Spark’s Take on OP Stock

According to Spark, TipRanks’ AI Analyst, OP is a Neutral.

OceanPal Inc’s stock score is low primarily due to significant financial challenges, including negative profitability and cash flow issues. The stable debt-free balance sheet is a positive, but technical indicators and valuation metrics provide little support for upward momentum.

To see Spark’s full report on OP stock, click here.

More about OceanPal Inc

OceanPal Inc. is a company based in Athens, Greece, operating in the maritime industry. It is involved in the shipping sector, focusing on the transportation of dry bulk commodities across the globe.

Average Trading Volume: 18,988,296

Technical Sentiment Signal: Sell

Current Market Cap: $16.76M

See more insights into OP stock on TipRanks’ Stock Analysis page.

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