Robin Energy prices $7.5 million public offering at $1.30 per share

September 11, 2025 8:30 AM EDT

Robin Energy Ltd. (NASDAQ: RBNE) announced the pricing of an underwritten public offering of 5,769,230 shares of common stock at $1.30 per share. The Cyprus-based energy transportation company expects gross proceeds of approximately $7.5 million before deducting underwriting discounts and other offering expenses.



The offering is expected to close on or about September 12, 2025, subject to customary closing conditions. Robin Energy granted underwriters a 45-day option to purchase up to 865,385 additional shares at the public offering price, less underwriting discounts and commissions.



Maxim Group LLC serves as sole book-running manager for the offering. The company plans to use net proceeds for working capital and general corporate purposes.



The offering operates under an effective shelf registration statement on Form F-3 filed with the Securities and Exchange Commission on April 24, 2025, and declared effective on April 28, 2025.



Robin Energy operates as an international ship-owning company providing energy transportation services globally. The company owns one Handysize tanker vessel and one LPG carrier that transport petrochemical gases and refined petroleum products worldwide.


You May Also Be Interested In





Related Categories

Equity Offerings

Related Entities

Maxim Group