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SVRN · NASDAQ · Marine Shipping

OceanPal (SVRN)

Manages a NEAR treasury while developing confidential infrastructure for enterprise autonomous AI agents.

$10.65
Pre-market+0.16 (+1.53%)
At close$10.49(+13.41%)
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OceanPal Inc. Common StockSVRNIndustrials

Earns staking rewards on a NEAR token treasury and uses its yield to fund liquidity and AI-privacy technology. Its sole operating business is developing infrastructure intended to let enterprises deploy secure autonomous agents while protecting sensitive data.

Operates SovereignAI Services LLC as its sole business, accumulating NEAR tokens and earning protocol rewards through institutional staking. Treasury yield and a derivative-overlay mandate managed by G-20 Group are intended to fund liquidity and AI-privacy technologies. Incorporated in the Marshall Islands and headquartered in Athens, it describes an enterprise-facing, blockchain-native infrastructure built with NEAR and NVIDIA technology.

Develops infrastructure intended to let enterprises deploy secure autonomous agents across networks while protecting sensitive data. No generally available AI product, named customer, commercial contract, or AI-infrastructure revenue had been disclosed; the latest new-business income was staking rewards. Current operations depend on NEAR protocol economics, token liquidity, staking execution, and the transition from treasury yield to enterprise infrastructure.

Company facts

CEORobert Perri and Salvatore J. Ternullo
ListedNov 30, 2021
ExchangeNASDAQ
HeadquartersPalaio Faliro, Greece
CountryGreece
Employees5
CIK0001869467
ISINMHY6430L1781

Market cap$19.7M
EPS (ttm)−$91.59
P/E (ttm)−0.1144
ROE-56.5%
P/B0.0476
P/S1.47
Dividend yieldDiv yield
Beta0.60vs XLI −1.51

No analyst consensus on record.

EPSReportedEstimate

Apr '22Sep '22Mar '23Sep '23Apr '24Sep '24Apr '25Sep '25
Reported−$3.24$1.05−$13.40$0.27−$0.42−$1.16−$1.17−$19.82
Estimate
Surprise

RevenueReportedEstimate

Apr '22Sep '22Mar '23Sep '23Apr '24Sep '24Apr '25Sep '25
Reported$4.4M$4.6M$5.7M$5.4M$5.8M$6.7M$5.8M$3.1M
Estimate
Surprise
Estimate
Reported−$19.82
Estimate
Reported$3.1M
View details

Debt to equity0.00%
Current ratio1,334.80%

ProfitabilityRevenueNet incomeNet margin

Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25
Revenue$5.7M$6.7M$7.5M$5.8M$3.1M$3.1M$3.6M$3.6M
Net income−$1.3M−$8.2M−$162.0K−$8.2M−$5.2M−$5.2M−$27.4M−$27.4M
Net margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25
Operating income−$1.4M−$8.3M−$177.0K−$8.1M−$5.3M−$5.3M−$10.4M−$10.4M
YoY growth

Balance sheet, Dec 31, 2025Cash & short-term investments $33.2M · Total debt $0 · Total assets $165.5M · Shareholders' equity $156.6M

Revenue
$3.6M
Operating income
−$10.4M
Net income
−$27.4M
View details

Next ex-date
Annual dividend
Dividend yield
Schedule

Last cut to $0.01 from $0.05 in Jun 2022.

History

Ex-dateRecordPaidAmountNote
Aug 11, 2022Aug 12Aug 31$0.01
Jun 13, 2022Jun 14Jun 21$0.01cut from $0.05
Mar 31, 2022Apr 1Apr 11$0.05
View details

Institutions4 holders · as of Mar 31, 20263.58%67.1K shares
Insiders4 holders · as of Apr 20, 20261.92%36.0K shares
Otherremainder94.50%1.77M shares

1.88M company shares as of Aug 21, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

A stock split fell inside the quarter, so quarter-on-quarter changes are not shown.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Clear Street Group Inc.Institution
2.84%53,31313Fas of Mar 31, 2026
Eleftherios Papatrifon1Insiderdirector
1.25%23,529Form 4filed Mar 18, 2026
Valeo Financial Advisors, LLCInstitution
0.63%11,76413Fas of Mar 31, 2026
James G. Jr. GereghtyInsiderdirector
0.29%5,481Form 4filed Mar 25, 2026
Richard Mortimer MuirheadInsiderdirector
0.29%5,481Form 4filed Mar 18, 2026
See all 8
  1. Reported at 1.25% on Aug 4, 2026, under the 5% line, so no further filing is required.

13F — a manager's quarterly holdings · Form 4 — an insider's transaction report

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Apr 17, 2026Salvatore J. Ternullodirector, officer: Co-Chief Executive Officer+500$10.35
Apr 16, 2026Salvatore J. Ternullodirector, officer: Co-Chief Executive Officer+500$10.78
Apr 13, 2026Salvatore J. Ternullodirector, officer: Co-Chief Executive Officer+500$10.88
View details

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ComparePre-market

CompanyPriceChange
OceanPal$10.65+1.53%$19.7M1.5−54.3%
BitMine Immersion Technologies$23.31+1.06%$13.13B56.3214.6+2,166.2%
Strategy$124.75+1.25%$40.75B2.981.8+6.9%
DeFi Development$5.30+1.44%$157.2M10.4+66.9%
Sharplink$8.19+1.11%$1.60B194.431.8+1,553.3%
Upexi$0.9979+3.63%$70.5M2.7
Median56.331.8+810.1%