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OceanPal Inc. Updates Share Count Post Public Offering

Story Highlights
  • OceanPal Inc. operates in the maritime industry, transporting dry bulk cargoes.
  • As of July 31, 2025, OceanPal Inc. has 137,400,215 shares outstanding after recent warrant exercises.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
OceanPal Inc. Updates Share Count Post Public Offering

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The latest update is out from OceanPal Inc ( (OP) ).

As of July 31, 2025, OceanPal Inc. announced that it has approximately 137,400,215 common shares issued and outstanding, following the exercise of Class C Warrants from a recent public offering. This development is significant as it reflects the company’s efforts to strengthen its financial position and potentially expand its operations in the competitive maritime industry.

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. operates in the maritime industry, focusing on the transportation of dry bulk cargoes. The company is based in Athens, Greece, and is involved in the operation of a fleet of vessels that transport commodities such as coal, grain, and iron ore across global shipping routes.

Average Trading Volume: 17,065,296

Technical Sentiment Signal: Sell

Current Market Cap: $2.61M

For detailed information about OP stock, go to TipRanks’ Stock Analysis page.

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