Robin Energy prices $7.0 million registered direct offering
Robin Energy Ltd. (NASDAQ: RBNE) announced it has entered into a securities purchase agreement with a single institutional investor for a $7.0 million registered direct offering. The Cyprus-based ship-owning company will sell 6,540,000 common shares or pre-funded warrants at $1.07 per share and $1.069 per pre-funded warrant.
Maxim Group LLC serves as the sole placement agent for the offering. The transaction is expected to close on or about October 27, 2025, subject to customary closing conditions.
The company stated it intends to use net proceeds for working capital and general corporate purposes. The offering is conducted under an effective shelf registration statement on Form F-3 that the Securities and Exchange Commission declared effective on April 28, 2025.
Robin Energy operates an international energy transportation business with a fleet comprising two LPG carriers and one Handysize tanker vessel that transport petrochemical gases and refined petroleum products worldwide.
The information is based on a company press release statement.
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