OpenPayd Global Holdings Ltd
No SEC Form 4 filings for $OP in the last 30 days.
OceanPal (Nasdaq: OCEA) said it sold its entire interest in OP Vessel Holdco to Sezali Inc, an affiliate of former chair Semiramis Paliou, on July 31. The deal covered four vessels and a stake in RFSea Infrastructure II, with no cash paid. OceanPal cancelled Series C preferred shares and $5m notes. OceanPal is pivoting to crypto and AI, holding NEAR tokens.
OceanPal said it sold its entire interest in shipowning subsidiary OP Vessel Holdco to Sezali Inc, an affiliate of former chairwoman and current Diana Shipping CEO Semiramis Paliou, on July 31. The deal transfers vessels including Panamax bulk carriers Calipso and Melia, MR2 tanker Zeze Start, and OceanPal’s RFSea Infrastructure II stake. No cash changed hands; OceanPal’s Series C preferred shares and $5m notes were cancelled.
OceanPal, the US-listed shipping firm, completed on 31 July the sale of its remaining vessel-holding subsidiary OP Vessel Holdco LLC to Sezali Inc, an affiliate of former chair Semiramis Paliou. OceanPal received 12,185 shares of its 8.0% Series C preferred stock and cancellation of US$5M promissory notes. It now runs only SovereignAI to monetize NEAR Protocol, and Paliou’s stake fell to 3.74% per an Aug 4 SEC filing.
Over the past 7 days, alphai's AI scored 3 news stories mentioning OP (OpenPayd Global Holdings Ltd). Coverage has been balanced: 0 bullish, 3 neutral, and 0 bearish.
Recent OP coverage spans corporate actions, mergers & acquisitions and technology.
The deal removes shipping assets and preferred-share obligations, leaving OceanPal as a crypto and AI treasury story tied to NEAR.
Deal mechanics imply OceanPal is unwinding a vessel-owning subsidiary via an affiliate-linked transaction, with no cash but balance-sheet changes from canceled preferred equity and promissory notes.
The transaction materially changes OceanPal’s business model from shipping operations to a NEAR Protocol-focused digital asset treasury via SovereignAI.
Korean partnership expansion is a business-development catalyst for Optimism’s institutional L2 stack, but it is not directly tied to a US-listed equity ticker in the article.
The F-4 filing is a concrete merger milestone that can re-rate deal probability and near-term risk for OpenPayd’s SPAC-backed path to Nasdaq.
alphai scores every news story that mentions OP with an AI model for sentiment and relevance, and aggregates insider trades from OpenPayd Global Holdings Ltd's SEC EDGAR Form 4 filings. Figures refresh continuously.
OceanPal (Nasdaq: OCEA) said it sold its entire interest in OP Vessel Holdco to Sezali Inc, an affiliate of former chair Semiramis Paliou, on July 31. The deal covered four vessels and a stake in RFSea Infrastructure II, with no cash paid. OceanPal cancelled Series C preferred shares and $5m notes. OceanPal is pivoting to crypto and AI, holding NEAR tokens.
6 min readOceanPal said it sold its entire interest in shipowning subsidiary OP Vessel Holdco to Sezali Inc, an affiliate of former chairwoman and current Diana Shipping CEO Semiramis Paliou, on July 31. The deal transfers vessels including Panamax bulk carriers Calipso and Melia, MR2 tanker Zeze Start, and OceanPal’s RFSea Infrastructure II stake. No cash changed hands; OceanPal’s Series C preferred shares and $5m notes were cancelled.
4 min readOceanPal, the US-listed shipping firm, completed on 31 July the sale of its remaining vessel-holding subsidiary OP Vessel Holdco LLC to Sezali Inc, an affiliate of former chair Semiramis Paliou. OceanPal received 12,185 shares of its 8.0% Series C preferred stock and cancellation of US$5M promissory notes. It now runs only SovereignAI to monetize NEAR Protocol, and Paliou’s stake fell to 3.74% per an Aug 4 SEC filing.
4 min readOptimism, an Ethereum Layer 2 financial infrastructure provider, says it will expand in South Korea via partnerships with Dunamu (Upbit), Toss, and DB Securities. The company cites OP Stack usage of 14.3 million transactions (about 13% of global virtual-asset transactions) as of April, and OP Stack’s 43% share of the Layer 2 fee market over the prior year. Optimism also plans to add staff and build a Korea branch.
5 min readOpenPayd and Titan Acquisition Corp said PubCo filed an SEC Form F-4 for their proposed business combination. The deal is expected to make OpenPayd a Nasdaq-listed company under ticker “OP,” subject to approvals and closing conditions. Implied pro forma equity value exceeds $1B; up to ~$276M gross proceeds from Titan’s trust (no redemptions). OpenPayd values consideration at $800M. Expected close: Q4 2026.
4 min read
