Jul. 3 at 5:07 PM
OceanPal Inc. (NASDAQ:
$OP) announced today that it has regained compliance with Nasdaq’s minimum bid price requirement, receiving confirmation from Nasdaq that the company’s shares closed at or above
$1.00 for 10 consecutive trading days from June 13-27, 2025.
OceanPal Inc. is a B2i Digital Featured Company. See the company’s profile at https://b2idigital.com/ocean-pal.
The Athens-based shipping company has successfully resolved its Nasdaq Listing Rule 5550(a)(2) compliance matter, with Nasdaq confirming the matter is now closed.
Read the full release at https://www.oceanpal.com/press-releases/press.asp?pressID=211.
OceanPal is a global provider of shipping transportation services specializing in the ownership and operation of dry bulk vessels and product tankers. The company is engaged in the seaborne transportation of bulk commodities, including iron ore, coal, and grain, as well as refined petroleum products. OceanPal’s fleet is primarily employed on short- to medium-term time charters and spot charters.
OceanPal is led by an experienced management team, including Robert Perri, Chief Executive Officer; Vasiliki (Vaso) Plousaki, Chief Financial Officer; and Margarita Veniou, Chief Corporate Development & Governance Officer.
To learn more about OceanPal Inc., visit https://www.oceanpal.com.
For investor inquiries, contact Margarita Veniou at
[email protected] or Edward Nebb at
[email protected].
