Form F-1MEF OceanPal Inc.
As filed with the Securities and Exchange Commission on July 21, 2025.
Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM F-1
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
UNDER
THE SECURITIES ACT OF 1933
OCEANPAL INC.
(Exact name of Registrant as specified in its charter)
(Exact name of Registrant as specified in its charter)
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Republic of The Marshall Islands
(State or other jurisdiction of
incorporation or organization) |
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4412
(Primary Standard Industrial
Classification Code Number) |
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N/A
(I.R.S. Employer
Identification No.) |
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OceanPal Inc.
c/o Steamship Shipbroking Enterprises Inc. Pendelis 26, 175 64 Palaio Faliro, Athens, Greece + 30-210-9485-360 (Address and telephone number of
Registrant’s principal executive offices) |
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Seward & Kissel LLP Attention: Edward S. Horton, Esq. One Battery Park Plaza New York, New York 10004 (212) 574-1265 (Name, address and telephone
number of agent for service) |
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Copies to:
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Edward S. Horton, Esq. Seward & Kissel LLP One Battery Park Plaza New York, New York 10004 (212) 574-1265 (telephone number) (212) 480-8421 (facsimile number) |
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Barry I. Grossman, Esq.
Matthew Bernstein, Esq.
Ellenoff Grossman & Schole LLP
1345 Avenue of the Americas
New York, New York 10105
Tel: (212) 370-1300
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Approximate date of commencement of proposed sale to the public: As soon as practicable after this Registration Statement becomes effective.
If any of the securities being registered on this Form are being offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act, check the
following box. ☒
If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please check the following box and list the
Securities Act registration statement number of the earlier effective registration statement for the same offering. ☒
If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration
statement number of the earlier effective registration statement for the same offering. ☐
If this Form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration
statement number of the earlier effective registration statement for the same offering. ☐
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933.
Emerging growth company ☒
If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if the registrant has elected not to use
the extended transition period for complying with any new or revised financial accounting standards† provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☒
† The term “new or revised financial accounting standard” refers to any update issued by the Financial Accounting Standards Board to its Accounting Standards Codification after April
5, 2012
This registration statement shall become effective upon filing with the Securities and Exchange Commission in
accordance with Rule 462(b) promulgated under the Securities Act of 1933, as amended.
EXPLANATORY NOTE
OceanPal Inc. (the “Registrant”) is filing this registration statement with the U.S. Securities and Exchange Commission (the “Commission”) pursuant to Rule 462(b) under the U.S. Securities Act of
1933, as amended. This registration statement relates to the Registrant’s prior registration statement on Form F-1 (File No. 333-288153) (together with its exhibits, the “Prior Registration Statement”). The contents of the Prior Registration
Statement are incorporated herein by reference.
The Registrant is filing this registration statement for the sole purpose of registering (i) additional units, each unit consisting of (a) one common share of the Company or one pre-funded warrant to
purchase one common share and (b) one Class C warrant to purchase one common share, and (ii) common shares issuable upon the exercise of such additional pre-funded warrants and Class C warrants. The additional securities that are being registered are
in an amount and at a price that together represent no more than 20% of the maximum aggregate offering price set forth in the Filing Fee Table (Exhibit 107) filed as an exhibit to the Prior Registration Statement.
The required opinion, consents, and fee information are filed herewith.
CERTIFICATION
The Registrant hereby certifies to the Commission that (1) it has instructed its bank to pay the filing fee set forth on Exhibit 107 to this Registration
Statement by a wire transfer of such amount to the Commission’s account at U.S. Bank as soon as practicable (but no later than the close of business as of July 22, 2025), (2) it will not revoke such instructions, (3) it has sufficient funds in the
relevant account to cover the amount of such filing fee and (4) it will confirm receipt of such instructions by its bank during regular business hours no later than July 22, 2025.
PART II: INFORMATION NOT REQUIRED IN THE PROSPECTUS
Item 8. Exhibits and Financial Statement Schedules.
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Exhibit
No.
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Description
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5.1
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23.1
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23.2
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Consent of Seward & Kissel LLP (included in Exhibit 5.1
hereto)
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24.1*
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Power of Attorney (included on signature page of the
Registration Statement on Form F-1 (File No. 333-288153), originally filed with the U.S. Securities and Exchange Commission on June 18, 2025 and incorporated by reference)
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107
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*
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Previously filed.
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SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirements
for filing on Form F-1 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Athens, Greece, on July 21, 2025.
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OCEANPAL INC.
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By:
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/s/ Robert Perri
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Name:
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Robert Perri
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Title:
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Chief Executive Officer
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Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed below by the following persons on July 21, 2025 in the
capacities indicated.
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Signature
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Title
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/s/ Semiramis Paliou
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Chairman and Director
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Semiramis Paliou
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/s/ Robert Perri
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Chief Executive Officer
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Robert Perri
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(Principal Executive Officer)
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/s/ Vasiliki Plousaki
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Chief Financial Officer
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Vasiliki Plousaki
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(Principal Financial Officer and Principal Accounting Officer)
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/s/ Eleftherios Papatrifon
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Director
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Eleftherios Papatrifon
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/s/ Ioannis Zafirakis
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Director
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Ioannis Zafirakis
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/s/ Styliani Alexandra Sougioultzoglou
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Director
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Styliani Alexandra Sougioultzoglou
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/s/ Grigorios-Filippos Psaltis
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Director
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Grigorios-Filippos Psaltis
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/s/ Nikolaos Veraros
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Director
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Nikolaos Veraros
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/s/ Alexios Chrysochoidis
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Director
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Alexios Chrysochoidis
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AUTHORIZED UNITED STATES REPRESENTATIVE
Pursuant to the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of OceanPal Inc., has signed this Registration
Statement on Form F-1 in City of Newark, State of Delaware, on the 21st day of July 2025.
PUGLISI & ASSOCIATES
(Authorized Representative)
(Authorized Representative)
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By:
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/s/ Donald J. Puglisi
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Name:
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Donald J. Puglisi
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Title:
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Managing Director
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ATTACHMENTS / EXHIBITS
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