# EDGAR Filing Document

**Accession Number:** 0002100084
**File Stem:** 0002100084-26-000001
**Filing Date:** 2026-2
**Character Count:** 14642
**Document Hash:** 341e398709ad2e6816970818ddab3a70
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002100084-26-000001.hdr.sgml**: 20260212

**ACCESSION NUMBER**: 0002100084-26-000001

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260212

**DATE AS OF CHANGE**: 20260212

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** OceanPal Inc.
- **CENTRAL INDEX KEY:** 0001869467
- **STANDARD INDUSTRIAL CLASSIFICATION:** DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 000000000
- **STATE OF INCORPORATION:** 1T
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-93136
- **FILM NUMBER:** 26624534

**BUSINESS ADDRESS:**
- **STREET 1:** PENDELIS 26
- **STREET 2:** PALAIO FALIRO
- **CITY:** ATHENS
- **STATE:** J3
- **ZIP:** 175 64
- **BUSINESS PHONE:** 30-210-9485-360

**MAIL ADDRESS:**
- **STREET 1:** PENDELIS 26
- **STREET 2:** PALAIO FALIRO
- **CITY:** ATHENS
- **STATE:** J3
- **ZIP:** 175 64
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Blackdragon Ventures LLC
- **CENTRAL INDEX KEY:** 0002100084

**ORGANIZATION NAME:**
- **EIN:** 332234542
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**BUSINESS ADDRESS:**
- **STREET 1:** 2700 POST OAK BLVD. STE. 1500
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77056
- **BUSINESS PHONE:** 650-960-5404

**MAIL ADDRESS:**
- **STREET 1:** 2700 POST OAK BLVD. STE. 1500
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77056

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 1)**

**OceanPal Inc.**

*(Name of Issuer)*

**Common Stock $0.0001 par value per share**

*(Title of Class of Securities)*

**674875105**

*(CUSIP Number)*

**Illia Polosukhin**<br>2700 Post Oak Blvd. Ste. 1500<br>Houston TX 77056<br>650-960-5404

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**12/31/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **674875105** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Blackdragon Ventures LLC** | Name of reporting person<br>**Blackdragon Ventures LLC** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**3406605.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**3592156.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**3592156.00** | Aggregate amount beneficially owned by each reporting person<br>**3592156.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**10.4%** | Percent of class represented by amount in Row (11)<br>**10.4%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**OO** | Type of Reporting Person (See Instructions)<br>**OO** | |

---

| **CUSIP No.** | **674875105** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Illia Polosukhin** | Name of reporting person<br>**Illia Polosukhin** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**2H** | Citizenship or place of organization<br>**2H** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**0.00** | Aggregate amount beneficially owned by each reporting person<br>**0.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**0.0%** | Percent of class represented by amount in Row (11)<br>**0.0%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

| **CUSIP No.** | **674875105** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Tamara Polosukhina** | Name of reporting person<br>**Tamara Polosukhina** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**2H** | Citizenship or place of organization<br>**2H** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**3406605.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**3592156.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**3592156.00** | Aggregate amount beneficially owned by each reporting person<br>**3592156.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**10.4%** | Percent of class represented by amount in Row (11)<br>**10.4%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Common Stock $0.0001 par value per share

**(b) Name of Issuer:**
OceanPal Inc.

**(c) Address of Issuer's Principal Executive Offices:**
PENDELIS 26, PALAIO FALIRO, ATHENS, J3, 175 64

This Amendment No. 1 this Amendment amends and supplements the Schedule 13D originally filed with the Securities and Exchange Commission the SEC on December 16, 2025 the Original Schedule 13D and, as amended hereby, the Schedule 13D by Blackdragon Ventures, LLC, a Delaware limited liability company Blackdragon, and Illia Polosukhin, an individual Mr. Polosukhin, relating to the common stock, par value $0.0001 per share of Common Stock, of OceanPal Inc., a Marshall Islands corporation the Issuer or OceanPal.

This Amendment is being filed to report (i) the transfer of the membership interests in Blackdragon from Mr. Polosukhin to his mother, Tamara Polosukhina Ms. Polosukhina, and (ii) the addition of Ms. Polosukhina as a Reporting Person on this Schedule 13D. As a result of the transfer, Mr. Polosukhin is no longer the Managing Member of Blackdragon and no longer has voting or dispositive power over the securities held by Blackdragon. Ms. Polosukhina, as the new owner of the membership interests in Blackdragon, may be deemed to have sole voting and dispositive power over such securities.

Except as specifically amended and supplemented hereby, the Original Schedule 13D remains in full force and effect. Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to them in the Original Schedule 13D.

**Item 4. Purpose of Transaction**

The Original Schedule 13D disclosed that Blackdragon anticipated completing an internal ownership transfer of its membership interests from Mr. Polosukhin to a family member. On December 31, 2025, such transfer was completed, and all membership interests in Blackdragon were transferred from Mr. Polosukhin to Ms. Polosukhina. The transfer was effected for estate and family planning purposes.

Mr. Polosukhin continues to serve as an advisor to SovereignAI Services LLC, a subsidiary of the Issuer, pursuant to the Business Advisor Agreement described in Item 6 below.

Except as set forth herein and in the Original Schedule 13D, the Reporting Persons have no present plans or proposals that relate to or would result in any of the transactions described in subparagraphs (a) through (j) of Item 4 of Schedule 13D.

**Item 5. Interest in Securities of the Issuer**

**(a)**
As of the date hereof, Blackdragon beneficially owns an aggregate of 3,592,156 shares of Common Stock, consisting of
 3,406,605 shares of Common Stock; and
 185,551 shares of Common Stock issuable upon exercise of immediately exercisable Pre-Funded Warrants.

Based on 34,300,471 shares of Common Stock outstanding as reported in the Issuers Form 6-K filed November 29, 2025, plus the 185,551 shares issuable upon exercise of the Pre-Funded Warrants, these holdings represent approximately 10.4 percent of the Issuers outstanding Common Stock.

Ms. Polosukhina, as the sole member of Blackdragon, may be deemed to beneficially own the 3,592,156 shares of Common Stock beneficially owned by Blackdragon. Ms. Polosukhina disclaims beneficial ownership of such shares except to the extent of her pecuniary interest therein.

Mr. Polosukhin, as a result of the transfer of his membership interests in Blackdragon to Ms. Polosukhina, no longer beneficially owns any shares of Common Stock of the Issuer.

**(b)**
Blackdragon and Ms. Polosukhina each have sole voting power with respect to 3,406,605 shares of Common Stock and sole dispositive power with respect to 3,592,156 shares of Common Stock. Mr. Polosukhin no longer has voting or dispositive power over any shares of Common Stock. Ms. Polosukhinas beneficial ownership is entirely indirect through her ownership of Blackdragon.

**(c)**
Other than the membership interest transfer described herein, none of the Reporting Persons has effected any transactions in the Common Stock during the past 60 days.

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

Membership Interest Transfer

On December 31, 2025, Mr. Polosukhin transferred all of his membership interests in Blackdragon to Ms. Polosukhina. The transfer was effected for estate and family planning purposes, and no monetary consideration was paid.

Business Advisor Agreement

On November 19, 2025, Mr. Polosukhin entered into a Business Advisor Agreement the Advisor Agreement with SovereignAI Services LLC, a subsidiary of the Issuer. Pursuant to the Advisor Agreement, Mr. Polosukhin provides strategic advice and guidance relating to business operations, growth initiatives, industry trends in the crypto technology sector, marketing to the digital asset ecosystem, third-party vendor and partnership evaluation, and analysis of the Issuers NEAR token treasury strategy. The Advisor Agreement has a two-year term from November 19, 2025, and may be terminated by either party for material breach upon five business days written notice. Mr. Polosukhin serves as an independent contractor under the Advisor Agreement and has no authority to bind the Issuer. The Original Schedule 13D disclosed that Mr. Polosukhin had been appointed to serve as Chair of the Advisory Committee; the Advisor Agreement formalizes such arrangement. A copy of the Advisor Agreement is attached as Exhibit F.

Other than as described herein and in the Original Schedule 13D, there are no contracts, arrangements, understandings or relationships (legal or otherwise) among the Reporting Persons or between such persons and any other person with respect to any securities of the Issuer.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Blackdragon Ventures LLC

**Signature:** Tamara Polosukhina

**Name/Title:** Sole Member

**Date:** 02/12/2026

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Illia Polosukhin

**Signature:** Illia Polosukhin

**Name/Title:** Individually

**Date:** 02/12/2026

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Tamara Polosukhina

**Signature:** Tamara Polosukhina

**Name/Title:** Individually

**Date:** 02/12/2026