SVRN, Inc. filed a Form 6-K on November 4, 2026, announcing the appointment of Patrick O'Kain as Chief Operating Officer effective November 3, 2026, following the resignation of David Schwed from that role.

Key Highlights

  • New COO appointed: Patrick O'Kain was appointed Chief Operating Officer of SVRN, Inc., effective November 3, 2026.
  • Predecessor's departure: David Schwed resigned as Chief Operating Officer of the company.
  • Transition role: David Schwed will move to the role of Senior Advisor to the company, effective January 1, 2027.
  • Company identity: SVRN, Inc. was formerly named OceanPal Inc., with the name changed since the last report.
  • Incorporated by reference: The filing's contents, excluding commentary from CEO Salvatore Ternullo, are incorporated by reference into the company's Form F-3 registration statements on file with the SEC.

SVRN, Inc. Announces COO Change Effective November 3, 2026

According to the Form 6-K filed with the Securities and Exchange Commission on November 4, 2026, SVRN, Inc. (NASDAQ:SVRN) disclosed a change in its Chief Operating Officer. The filing states that David Schwed resigned from the COO position, and Patrick O'Kain was appointed to succeed him in that role, with the appointment effective November 3, 2026.

The filing further discloses that David Schwed will not depart the company entirely. Instead, he is set to transition into the role of Senior Advisor to the company, with that transition effective January 1, 2027. The report was signed by Salvatore Ternullo, identified in the filing as Chief Executive Officer of SVRN, Inc.

The company noted in the filing that SVRN, Inc. was formerly known as OceanPal Inc., with the name having changed since the last report. The company is headquartered at Pendelis 26, 175 64 Palaio Faliro, Athens, Greece, according to the filing. The information in the Form 6-K, excluding commentary from CEO Salvatore Ternullo, was incorporated by reference into the company's registration statements on Form F-3 (File Nos. 333-269961 and 333-273073), which the filing states became effective on April 18, 2023, July 14, 2023, and December 10, 2025, respectively.

What Was Disclosed

SVRN, Inc. reported a leadership change at the COO level: Patrick O'Kain was appointed Chief Operating Officer effective November 3, 2026, following David Schwed's resignation. Schwed is set to become Senior Advisor effective January 1, 2027.