OceanPal Inc. Receives Nasdaq Notification Regarding Late Filing of Form 20-F

OceanPal Inc. announced on May 22, 2026, that it received a notification letter from Nasdaq on May 19, 2026, indicating non-compliance with Nasdaq Listing Rule 5250(c)(1) due to the late filing of its Annual Report on Form 20-F for the fiscal year ended December 31, 2025. The notification does not immediately affect the trading of the company's shares on the Nasdaq Capital Market. OceanPal has 60 days from receipt, until July 20, 2026, to submit a plan to regain compliance. Nasdaq may grant an extension of up to 180 days, until October 27, 2026, if the plan is accepted. The company intends to address the issue promptly by submitting a compliance plan.