OceanPal
OP

Ordinary shares offered 10,759,994 shares by the company

a one-for-twenty-five reverse stock split of the Company's common shares

Securities offered 10,975,600 Units by the company. Each Unit consists of one share of common stock and one warrant.

From December 31, 2023 to December 31, 2024 Issuance of Series D Preferred Stock Series D Preferred Stock redemption and issuance of common stock Issuance of restricted Series C Preferred Stock and compensation cost under the Equity Incentive Plan

From December 31, 2022 to December 31, 2023 Issuance of 15,000,000 units (comprising from 615,000 shares of common stock, 2,700,000 prefunded warrants and 15,000,000 Class B warrants) at primary offering, net of issuance costs (the “February 2023 Registered Direct Offering”) Issuance of common shares pursuant to exercises of 2,700,000 pre-funded warrants in the February 2023 Registered Direct Offering Retirement of fractional common shares in June reverse stock split Series C Preferred Stock redemption and issuance of common stock Series D Preferred Stock redemption and issuance of common stock Alternative cashless exercise of private placement warrants

From December 31, 2022 to June 30, 2023 Issuance of 15,000,000 units (comprising from 615,000 shares of common stock, 2,700,000 prefunded warrants and 15,000,000 Class B warrants) at primary offering, net of issuance costs (the “February 2023 Registered Direct Offering”) Issuance of common shares pursuant to exercises of 2,700,000 pre-funded warrants in the February 2023 Registered Direct Offering Retirement of fractional common shares in June reverse stock split Series D Preferred Stock redemption and issuance of common stock Alternative cashless exercise of private placement warrants

OceanPal Inc. announced that its board of directors has determined to effect a one-for-twenty reverse stock split of the Company's common shares, par value $0.01 per share.

Securities offered 15,000,000 Units by the company. Each Unit consists of one share of common stock

From December 31, 2021 to December 31, 2022 Issuance of 128,142 shares of common stock and 2,430,000 Class A warrants upon exercise of underwriters' over-allotment option Issuance of Series D Preferred Stock Issuance of common stock following exercise of 4,156,000 Class A warrants and 2,500,000 prefunded warrants Series D Preferred Stock redemption and issuance of common stock Issuance of 15,571,429 units (comprising of common stock or prefunded warrants and Class A warrants) and 628,751 warrants at primary offering, net of issuance costs

OceanPal Inc. announced today that its board of directors has determined to effect a one-for-ten reverse stock split of the Company's common shares, par value $0.01 per share.

Shares to be distributed 107,758,620 outstanding Common Shares by the company

1.Securities offered by 15,571,429 Units on a firm commitment basis. 2.Based on 8,820,240 shares outstanding on January 21, 2022.

From April 15, 2021 to December 31, 2021 Issuance of Series B preferred stock Cancellation of common stock Issuance of common stock Issuance of Series C preferred stock