Robin Energy (RBNE) Prices 965K Share Offering at $5.25

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Go back to Robin Energy (RBNE) Prices 965K Share Offering at $5.25

Robin Energy Ltd. Announces Pricing of $5.1 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules

June 16, 2025 9:00 AM EDT

LIMASSOL, Cyprus, June 16, 2025 (GLOBE NEWSWIRE) -- Robin Energy Ltd. (NASDAQ: RBNE) ("Robin Energy" or the "Company"), an international ship-owning company providing energy transportation services globally, today announced that it has entered into a securities purchase agreement with several institutional investors to purchase 965,000 common shares at an offering price of $5.25, for gross proceeds of approximately $5.1 million (the Offering), before deducting commissions and offering expenses, in a registered direct offering priced at-the-market under Nasdaq rules.

Maxim Group LLC is acting as the sole placement agent for the Offering.

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