OceanPal Inc. Shareholders Approve Potential Reverse Stock Split Up to 1-for-500

Reuters

2025/05/21

OceanPal Inc., a global shipping company, announced the approval of an amendment to its Articles of Incorporation allowing the Board to implement one or more reverse stock splits of its issued Common Shares, with an aggregate ratio of up to 1-for-500. The exact ratio will be determined at the Board's discretion.

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Shareholders Approve Potential Reverse Stock Split Up to 1-for-500\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-05-21 18:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      OceanPal Inc. Shareholders Approve Potential Reverse Stock Split Up to 1-for-500\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        OceanPal Inc., a global shipping company, announced the approval of an amendment to its Articles of Incorporation allowing the Board to implement one or more reverse stock splits of its issued Common Shares, with an aggregate ratio of up to 1-for-500. The exact ratio will be determined at the Board's discretion.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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Shareholders Approve Potential Reverse Stock Split Up to 1-for-500\n    \n\n        OceanPal Inc., a global shipping company, announced the approval of an amendment to its Articles of Incorporation allowing the Board to implement one or more reverse stock splits of its issued Common Shares, with an aggregate ratio of up to 1-for-500. The exact ratio will be determined at the Board's discretion.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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