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OceanPal Closes Upsized Public Offering to Raise $18 Million
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OceanPal Closes Upsized Public Offering to Raise $18 Million
Jul 22, 2025 3:10 PM

05:55 PM EDT, 07/22/2025 (MT Newswires) -- OceanPal ( OP ) closed an upsized public offering of almost 11 million units at $1.64 apiece to raise gross proceeds of $18 million.

Each unit consists of a common share and one warrant to purchase a common share, the company said Tuesday in a statement.

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