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Robin Energy Ltd. ( (RBNE) ) has shared an update.
On September 11, 2025, Robin Energy Ltd. announced the pricing of an underwritten public offering of 5,769,230 shares of its common stock at $1.30 per share, expected to raise approximately $7.5 million before expenses. The offering, managed by Maxim Group LLC, includes a 45-day option for underwriters to purchase additional shares and is set to close on September 12, 2025. The proceeds will be used for working capital and general corporate purposes, potentially impacting the company’s financial flexibility and market operations.
More about Robin Energy Ltd.
Robin Energy Ltd. is an international ship-owning company that provides energy transportation services globally. The company owns a Handysize tanker vessel and an LPG carrier, which transport petrochemical gases and refined petroleum products worldwide.
Average Trading Volume: 4,797,466
Technical Sentiment Signal: Strong Sell
Current Market Cap: $8.57M
For an in-depth examination of RBNE stock, go to TipRanks’ Overview page.