Robin Energy Announces Closing of $3.0 Million Public Offering of Common Stock

Robin Energy (NASDAQ: RBNE) closed its previously announced underwritten public offering of 750,000 common shares at $4.00 per share, generating approximately $3.0 million in gross proceeds before fees and expenses.

Rhea-AI Summary

Robin Energy (NASDAQ: RBNE) closed its previously announced underwritten public offering of 750,000 common shares at $4.00 per share, generating approximately $3.0 million in gross proceeds before fees and expenses.

The company granted the underwriter a 45-day option to purchase up to 54,380 additional shares at the public offering price less discounts and commissions. According to Robin Energy, net proceeds will be used for working capital and general corporate purposes. Maxim Group acted as sole book‑running manager, and the offering was made under an effective Form F‑3 shelf registration.

Positive

• Gross proceeds of approximately $3.0 million from common stock offering
• 750,000 new shares successfully sold at a defined price of $4.00 each
• Flexible use of proceeds earmarked for working capital and general corporate purposes

Negative

• 750,000 new shares issued, creating dilution for existing common shareholders
• Underwriter granted 45-day option for up to 54,380 additional shares, implying potential further dilution

News Explained

Robin Energy’s common-stock offering is closed: 750,000 shares were issued, increasing total shares and reducing existing holders’ percentage ownership absent offsetting changes. The release gives no pre-offering share count, so the ownership effect cannot be quantified here.

Argus Jul 28 session 18 alerts

-14.84% close to close 0.7x rel. volume Open Argus

Details

Market move: RBNE -14.84% in the Jul 28 session. public offering closing

-13.5% Trough in 3 hr 48 min

$1.78M Market Cap

On Jul 28, the first trading day after this news, RBNE closed 14.84% below the previous close. Argus tracked a trough of -13.5% from its starting point during tracking. Our momentum scanner recorded 18 alerts for this stock that day.

Data tracked by StockTitan Argus for the Jul 28 session.

Key Figures

Shares offered: 750,000 shares Offering price: $4.00 per share Gross proceeds: $3.0 million +5 more

Shares offered

750,000 shares

Public offering

Offering price

$4.00 per share

Public offering

Gross proceeds

$3.0 million

Before underwriting discounts, commissions, and expenses

Underwriter option period

45 days

Option to purchase additional common shares

Additional shares option

54,380 shares

Underwriter option

Shelf filing date

April 24, 2025

Form F-3 filed with the SEC

Shelf effectiveness date

April 28, 2025

Form F-3 declared effective by the SEC

Announcement date

July 27, 2026

Offering closing announcement

Previous Offering Reports

5 past events · Latest: Jul 24

Same Type 5 events

1. Jul 24

   Offering pricing

   24h Move

   -43.7%

   Priced 750,000 shares at $4.00 for expected $3.0 million gross proceeds

2. Oct 24

   Registered direct offering

   24h Move

   -11.7%

   Offered 6,540,000 shares or pre-funded warrants for approximately $7.0 million

3. Sep 15

   Offering closing

   24h Move

   -5.9%

   Closed $8.6 million public offering with partial overallotment exercise

4. Sep 11

   Offering pricing

   24h Move

   -37.8%

   Priced 5,769,230 shares at $1.30 targeting approximately $7.5 million

5. Sep 10

   Public offering proposal

   24h Move

   -37.8%

   Proposed common stock and pre-funded warrant offering for corporate purposes

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

underwritten public offering, shelf registration statement, form f-3, underwriting discounts

4 terms

underwritten public offering financial

"today announced the closing of its previously announced underwritten public offering"

An underwritten public offering is when a company sells new shares of its stock to the public with the help of a financial firm, called an underwriter. The underwriter agrees to buy all the shares upfront, reducing the company's risk, and then sells them to investors. This process helps companies raise money quickly and confidently from a wide range of buyers.

shelf registration statement regulatory

"The Offering was made pursuant to an effective shelf registration statement on Form F-3"

A shelf registration statement is a document a company files with regulators that allows it to sell shares or bonds quickly when it’s a good time to raise money. It’s like having a pre-approved plan ready so the company can act fast without going through lengthy paperwork each time they want to sell, making fundraising more flexible.

form f-3 regulatory

"an effective shelf registration statement on Form F-3"

Form F-3 is a U.S. securities filing that lets eligible foreign companies pre-register and then quickly sell shares or other securities to raise money, because they already meet ongoing reporting and size tests. For investors it signals that the company is up-to-date with regulatory disclosure and has an efficient way to issue new securities — similar to a pre-approved credit line — which can mean faster capital raises but also potential dilution of existing holdings.

underwriting discounts financial

"before deducting underwriting discounts, commissions, and other Offering expenses"

The portion of a securities offering that underwriters keep as payment for arranging and selling the issue, often expressed as the gap between what the issuer receives and the price paid by public investors. It matters to investors because it reduces the net proceeds the company raises and signals how much institutional middlemen are charging — like a broker’s commission — which can affect a deal’s economics and the degree of dilution for existing shareholders.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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LIMASSOL, Cyprus, July 27, 2026 (GLOBE NEWSWIRE) -- Robin Energy Ltd. (NASDAQ: RBNE) (“Robin Energy” or the “Company”), an international ship-owning company providing energy transportation services globally, today announced the closing of its previously announced underwritten public offering of 750,000 shares of its common stock at a price of $4.00 per share (the “Offering”). The gross proceeds from the Offering to Robin Energy were approximately $3.0 million, before deducting underwriting discounts, commissions, and other Offering expenses. In addition, Robin Energy has granted the underwriter a 45-day option to purchase up to 54,380 additional shares of common stock at the public Offering price less the underwriting discounts and commissions.

Maxim Group LLC acted as sole book-running manager for the Offering.

Robin Energy intends to use the net proceeds from the Offering for working capital and general corporate purposes.

The Offering was 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 (the “SEC”) on April 24, 2025, and subsequently declared effective by the SEC on April 28, 2025. A final prospectus supplement and accompanying prospectus relating to the Offering and describing the terms thereof has been filed with the SEC and is available on the SEC’s website at http://www.sec.gov. Copies of the final prospectus supplement and accompanying prospectus may also be obtained by contacting Maxim Group LLC, at 300 Park Avenue, 16th Floor, New York, NY 10022, Attention: Syndicate Department, or by telephone at (212) 895-3745 or by email at syndicate@maximgrp.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

About Robin Energy Ltd.

Robin Energy is an international ship-owning company providing energy transportation services globally. The Company’s fleet comprises two LPG carriers that carry petrochemical gases worldwide.

For more information, please visit the Company’s website at www.robinenergy.com. Information on our website does not constitute a part of this press release.

Cautionary Statement Regarding Forward-Looking Statements

Matters discussed in this press release may constitute forward-looking statements. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts, including those related to the intended use of the proceeds. We are including this cautionary statement in connection with this safe harbor legislation. The words “believe”, “anticipate”, “intend”, “estimate”, “forecast”, “project”, “plan”, “potential”, “will”, “may”, “should”, “expect”, “pending” and similar expressions identify forward-looking statements.

Forward-looking statements are subject to risks, uncertainties and other factors because they relate to events and depend on circumstances that may or may not occur in the future and/or are beyond our control or precise estimate. Such risks, uncertainties and other factors include, but are not limited to, uncertainties related to the intended use of the proceeds from the Offering as well as those factors discussed under “Risk Factors” in our Annual Report on Form 20-F for the year ended December 31, 2025 and our other filings with the SEC, which can be obtained free of charge on the SEC’s website at http://www.sec.gov. Except to the extent required by applicable law, we disclaim any intention or obligation to update publicly or revise any forward‐looking statements, whether as a result of new information, future events or otherwise.

CONTACT DETAILS
For further information please contact:

Investor Relations
Robin Energy Ltd.
Email: ir@robinenergy.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Robin Energy (NASDAQ: RBNE) announce on July 27, 2026 about its stock offering?

Robin Energy announced the closing of an underwritten public offering of 750,000 common shares at $4.00 per share. According to Robin Energy, the transaction generated approximately $3.0 million in gross proceeds before underwriting discounts, commissions, and offering expenses under its effective Form F-3 shelf registration.

How much capital did Robin Energy (RBNE) raise in its July 2026 public offering?

Robin Energy raised approximately $3.0 million in gross proceeds from selling 750,000 common shares at $4.00 each. According to Robin Energy, this amount is before deducting underwriting discounts, commissions, and other offering expenses, so net proceeds available for corporate use will be lower.

What is the size and price of Robin Energy’s latest common stock offering (RBNE)?

The offering consists of 750,000 Robin Energy common shares priced at $4.00 per share. According to Robin Energy, this underwritten public offering yields about $3.0 million in gross proceeds and includes a 45-day underwriter option to buy up to 54,380 additional shares.

How will Robin Energy use the proceeds from its $3.0 million RBNE stock offering?

Robin Energy plans to use the net proceeds for working capital and general corporate purposes. According to Robin Energy, the $3.0 million figure represents gross proceeds, with underwriting discounts, commissions, and offering expenses to be deducted before funds are applied to these corporate needs.

Does Robin Energy’s July 2026 offering include an underwriter overallotment option for RBNE shares?

Yes, Robin Energy granted the underwriter a 45-day option to purchase up to 54,380 additional common shares. According to Robin Energy, these shares would be sold at the public offering price of $4.00 per share, less underwriting discounts and commissions, if the option is exercised.