Robin Energy Raises $7.5M via Public Offering, Shares Plummet 42%

Robin Energy has priced a $7.5M public offering of 5.77M shares at $1.30/share. Gross proceeds before expenses are expected to be $7.5M, with net proceeds used for working capital and general corporate purposes. The offering is set to close on September 12, 2025, with underwriters having a 45-day option to buy up to 865,385 additional shares. RBNE shares are down 41.7% premarket on Thursday.

Robin Energy Ltd. (NASDAQ: RBNE), an international ship-owning company providing energy transportation services globally, has priced its public offering of 5,769,230 shares at $1.30 per share Robin Energy Announces Pricing of $7.5 Million Public Offering of Common Stock^[1]. The gross proceeds from the offering are expected to amount to approximately $7.5 million before deducting underwriting discounts, commissions, and other expenses. The offering is set to close on or about September 12, 2025, subject to customary closing conditions Robin Energy Announces Pricing of $7.5 Million Public Offering of Common Stock^[1].

The net proceeds from the offering will be used for working capital and general corporate purposes. Maxim Group LLC is acting as the sole book-running manager for the offering. Additionally, underwriters have a 45-day option to purchase up to 865,385 additional shares of common stock at the public offering price, less the underwriting discounts and commissions Robin Energy Announces Pricing of $7.5 Million Public Offering of Common Stock^[1].

The offering is being made pursuant to an effective shelf registration statement on Form F-3 (File No. 333-286726), previously filed with the U.S. Securities and Exchange Commission (SEC) on April 24, 2025, and subsequently declared effective by the SEC on April 28, 2025 Robin Energy Announces Pricing of $7.5 Million Public Offering of Common Stock^[1].

Robin Energy's stock has seen a significant decline in premarket trading on Thursday, with shares down by 41.7% Robin Energy prices $7.5M public offering; shares down ~42%^[2]. This offering is part of the company's strategy to bolster its financial position and support its ongoing operations.

For further information, investors can contact Robin Energy Ltd. at ir@robinenergy.com.