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NASDAQ-Listed SVRN, Inc. Completes Its Corporate Transformation

$SVRNPress releaseAug 27, 2026, 4:45 PM ETRead the release

SVRN, Inc. completed its corporate transformation, legally changing its name from OceanPal Inc. to align with its operations since November 2025. The company has exited the dry bulk shipping business, retired preferred stock, and eliminated all debt, positioning itself as a publicly traded NEAR digital asset treasury holding 55.5 million tokens.

Key figures

Near tokens held
55500000
Token supply target
10%
Private placement amount
$120 million

AI analysis

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.