On May 17, 2024, Sphinx Investment Corp announced that on May 17, 2024, OceanPal Inc announced that it has entered into a Support Agreement with Sphinx Investment Corp, pursuant to the agreement it has agreed to cease its efforts with respect to the election of directors and the passage of shareholder proposals at the 2024 annual meeting of the Company, and withdrawing its prior Notice delivered to the Company in respect of the 2024 Annual Meeting, as well as the nominations and proposals, and to commit to voting in favor of the Board?s slate of recommended directors and with respect to certain other proposals at each Company shareholder meeting through the 2029 annual meeting of the Company?s shareholders.