[OceanPal Completes $120 Million Financing to Drive NEAR Protocol Commercialization] OceanPal Inc. announced the completion of a $120 million private investment in public equity (PIPE) transaction for the purchase and sale of common stock and pre-funded warrants. The company plans to use the net proceeds to implement a digital asset treasury strategy through its wholly-owned subsidiary, SovereignAI Services LLC. SovereignAI focuses on commercializing NEAR Protocol, a blockchain platform designed for artificial intelligence use cases. OceanPal expects to become a major public investment vehicle through SovereignAI, providing investors exposure to NEAR tokens and AI infrastructure.