Diana Shipping (DSX) Announces Distribution Date for Previously Announced OceanPal Inc. Spin-Off
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Diana Shipping Inc. Announces Distribution Date for Previously Announced OceanPal Inc. Spin-Off
November 24, 2021 9:09 AM ESTATHENS, Greece, Nov. 24, 2021 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX) (the Company), a global shipping company specializing in the ownership of dry bulk vessels, today announced that the distribution date for the previously announced spin-off of its wholly-owned subsidiary, OceanPal Inc., will be November 29, 2021, following the effectiveness of the OceanPal Inc. registration statement under the Securities Exchange Act of 1934 on Form 20-F filed with the U.S. Securities and Exchange Commission (the Registration Statement). The Company expects the spin-off transaction to be consummated on the same terms and conditions as previously... More