OceanPal Shareholders Approve Rebrand to SVRN, Inc.

Beyond the rebranding, investors approved the election of two Class II Directors to serve three-year terms through 2029. The assembly also ratified the appointment of CBIZ CPAs P.C. as the company’s independent auditor for the current fiscal year, which concludes on December 31, 2026.

The company operates a dual-pronged business model that bridges traditional shipping with digital finance. Its maritime division manages a fleet of three vessels—two Panamax dry bulk carriers and one MR2 product tanker—transporting commodities like iron ore and grain. Simultaneously, its subsidiary, SovereignAI Services LLC, manages a NEAR Protocol treasury, focusing on token accumulation and institutional staking to drive long-term shareholder value.