OceanPal Inc. Announces Entry Into Support Agreement With Sphinx Investment Corp.; Sphinx Terminates its Proxy Contest and Enters Into Voting Commitment; Mr. Economou Expected to be Made A...
OceanPal Inc. (OP)
Company Research
Source: Yahoo! Finance
into a Support Agreement (the “ Agreement ”) with Sphinx Investment Corp. (“ Sphinx ”), an affiliate of George Economou, which owns approximately 14.1% of the Company's outstanding common stock, providing for the future support of the Company and its Board by Sphinx. Pursuant to the Agreement, Sphinx has agreed to cease its efforts with respect to the election of directors and the passage of shareholder proposals at the 2024 annual meeting of the Company's stockholders, and to commit to voting in favor of the Board's slate of recommended directors and with respect to certain other proposals at each Company shareholder meeting through the 2029 annual meeting of the Company's shareholders. In addition, Sphinx and the Company have agreed on a non-binding basis to a structure for the provision by Mr. Economou of strategic advice to the Board with respect to future opportunities for creating shareholder value. Mr. Robert Perri, Chief Executive Officer of the Company, said: I am pleas
Show less
Read more
Impact Snapshot
Event Time:
OP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
OP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
OP alerts
High impacting OceanPal Inc. news events
Weekly update
A roundup of the hottest topics
OP
News
- Oceanpal Inc. Announces Delivery of the MR2 Tanker Vessel Zeze StartGlobeNewswire
- OceanPal Second Quarter 2024 Earnings: US$1.16 loss per share (vs US$0.28 profit in 2Q 2023) [Yahoo! Finance]Yahoo! Finance
- OceanPal Inc. Reports Financial Results For The Second Quarter And Six Months Ended June 30, 2024GlobeNewswire
- OceanPal Inc. Announces Agreement to Acquire an MR2 Tanker Vessel [Yahoo! Finance]Yahoo! Finance
- OceanPal Inc. Announces Agreement to Acquire an MR2 Tanker VesselGlobeNewswire
OP
Sec Filings
- 9/18/24 - Form SC
- 9/9/24 - Form 6-K
- 9/5/24 - Form 6-K
- OP's page on the SEC website