OceanPal (SVRN) rises 19.33% after-hours after major strategic restructuring
ByAinvest Wire
Monday, Aug 3, 2026 4:29 pm ET1min read
SVRN--
OceanPal (SVRN) shares rose 19.33% in after-hours trading after the company announced a major strategic restructuring. The move involves exiting its marine shipping business and eliminating all outstanding debt and Series C Preferred Stock. This capital restructuring simplifies the company into a pure-play digital asset treasury operator focused on NEAR Protocol and AI infrastructure.
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