Rubico estimates NAV at $183.1M, up 94% from prior report
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Rubico Announces Management Estimate of Net Asset Value to $183.1 Million, a 94% Increase from the Previously Reported NAV
July 16, 2026 8:30 AM EDTATHENS, Greece, July 16, 2026 (GLOBE NEWSWIRE) -- Rubico Inc. (Nasdaq: RUBI) (the Company or Rubico), a global provider of shipping transportation services specializing in the ownership of vessels, announced today that after taking into account the June 30, 2026, charter free vessel value estimates from third party international brokers, debt outstanding and cash, management estimates the Companys net asset value (NAV) as of June 30, 2026, to be $183.1 million. This reflects a 94% increase from the previous NAV reported on March 2, 2026. This translates into a NAV of $300.26 per common share (based on number of common shares currently outstanding)... More
