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SVRN Faces Nasdaq Delisting Over Unfiled 2025 Annual Report

Securities.io | Oct 30, 2026 4:29 PM EDT

SVRN, Inc., the Nasdaq-listed digital asset treasury company formerly known as OceanPal Inc. , said in an October 30, 2026 announcement that it received a letter that day from the Listing Qualifications Department of The Nasdaq Stock Market LLC stating that the company had not met the terms of an exception previously granted by Nasdaq staff because it had not filed its Annual Report on Form 20-F for the year ended December 31, 2025 by October 27, 2026. The letter stated that, as a result, the…

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