Robin Energy Announces Proposed Public Offering of Common Stock
Robin Energy (NASDAQ: RBNE), a global energy transportation company, has announced a proposed public offering of its common stock and pre-funded warrants. The company, which owns one Handysize tanker vessel and one LPG carrier for transporting petrochemical gases and refined petroleum products, plans to use the proceeds for working capital and general corporate purposes.
Maxim Group LLC will serve as the sole book-running manager for the offering, which will be conducted under an effective shelf registration statement. The offering's completion, size, and terms remain subject to market conditions and other factors.
Robin Energy (NASDAQ: RBNE), una società globale di trasporto energetico, ha annunciato una proposta di offerta pubblica di azioni ordinarie e warrant prefinanziati. La società, che possiede una nave cisterna Handysize e una portacisterna per GPL per il trasporto di gas petrolchimici e prodotti petroliferi raffinati, prevede di utilizzare i proventi per capitale circolante e scopi societari generali.
Maxim Group LLC agirà come unico book-running manager dell'offerta, che sarà effettuata ai sensi di un prospetto di registrazione a scaffale efficace. Il completamento, la dimensione e i termini dell'offerta dipenderanno dalle condizioni di mercato e da altri fattori.
Robin Energy (NASDAQ: RBNE), una compañía global de transporte de energía, ha anunciado una propuesta de oferta pública de sus acciones ordinarias y warrants prefinanciados. La empresa, que posee un petrolero Handysize y un buque portador de GLP para transportar gases petroquímicos y productos petrolíferos refinados, planea destinar los ingresos a capital de trabajo y fines corporativos generales.
Maxim Group LLC actuará como único book-running manager de la oferta, que se realizará bajo un estado de registro en estantería efectivo. La finalización, el tamaño y los términos de la oferta estarán sujetos a las condiciones del mercado y a otros factores.
Robin Energy (NASDAQ: RBNE), 글로벌 에너지 운송 회사가 보통주 및 선납 워런트 공개 제안을 발표했습니다. 석유화학 가스 및 정제 석유제품 운송용 Handysize 탱커 1척과 LPG 운반선 1척을 보유한 이 회사는 수익금을 운전자본 및 일반 법인 목적으로 사용할 계획입니다.
Maxim Group LLC가 이 공모의 단독 북러닝 매니저로 참여하며, 이 공모는 효력이 있는 선반 등록명세서(shelf registration statement)에 따라 진행됩니다. 공모의 완료, 규모 및 조건은 시장 상황 및 기타 요인에 따라 달라질 수 있습니다.
Robin Energy (NASDAQ: RBNE), une société mondiale de transport d'énergie, a annoncé une offre publique proposée de ses actions ordinaires et de bons de souscription préfinancés. La société, qui possède un pétrolier Handysize et un transporteur de GPL pour le transport de gaz pétrochimiques et de produits pétroliers raffinés, prévoit d'utiliser les produits pour le fonds de roulement et des objectifs généraux d'entreprise.
Maxim Group LLC agira en tant que gestionnaire en chef unique de l'offre, qui sera réalisée en vertu d'une déclaration d'enregistrement sur étagère en vigueur. L'achèvement, la taille et les conditions de l'offre restent soumis aux conditions du marché et à d'autres facteurs.
Robin Energy (NASDAQ: RBNE), ein globales Energie-Transportunternehmen, hat eine beabsichtigte öffentliche Platzierung von Stammaktien und vorfinanzierten Optionsscheinen angekündigt. Das Unternehmen, das ein Handysize-Tankschiff und einen LPG-Träger zum Transport petrochemischer Gase und raffinierter Erdölprodukte besitzt, plant, die Erlöse für Umlaufvermögen und allgemeine Unternehmenszwecke zu verwenden.
Maxim Group LLC wird als alleiniger Book-Running-Manager der Emission fungieren, die unter einer gültigen Shelf-Registrierungserklärung durchgeführt wird. Abschluss, Umfang und Bedingungen der Emission hängen von den Marktbedingungen und weiteren Faktoren ab.
- Potential to strengthen working capital position
- Access to additional capital for corporate purposes
- Potential dilution for existing shareholders
- Small fleet size of only 2 vessels indicates limited operational scale
- Uncertain offering terms and timing suggest market risk
Insights
Robin Energy's stock offering will dilute existing shareholders while providing working capital, signaling potential liquidity needs.
Robin Energy has announced a public offering of common stock (or pre-funded warrants), with all shares being sold by the company rather than existing shareholders. This is a significant capital-raising move that will dilute existing shareholders but inject fresh capital into the business. The company states the proceeds will be used for "working capital and general corporate purposes" – typically a broad designation that gives management flexibility but offers limited transparency about specific needs.
The offering is being conducted under an effective shelf registration filed in April 2025, which allows the company to issue securities over time. Notably, the announcement lacks specifics on the offering size or pricing, indicating these terms are still being finalized. This creates uncertainty around the extent of dilution current shareholders will experience.
Robin Energy's fleet consists of just two vessels – one Handysize tanker and one LPG carrier – making it a relatively small player in the global energy transportation market. This limited asset base might explain the need for additional capital to support operations or potential fleet expansion.
The selection of Maxim Group LLC as the sole book-runner suggests a moderately sized offering, as larger deals typically involve multiple underwriters. The timing of this capital raise might indicate immediate liquidity needs or strategic opportunities the company is positioning itself to pursue in the energy transportation sector.
LIMASSOL, Cyprus, Sept. 10, 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 commenced a public offering of shares of its common stock (or pre-funded warrants in lieu thereof) (the “Offering”). All of the shares of common stock (or pre-funded warrants in lieu thereof) to be sold in the proposed Offering will be sold by Robin Energy. The Offering is subject to market and other conditions, and there can be no assurance as to whether or when the Offering may be completed, or as to the actual size or terms of the Offering.
Maxim Group LLC is acting as sole book-running manager for the Offering.
Robin Energy currently intends to use the net proceeds from the Offering for working capital and general corporate purposes.
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 (the “SEC”) on April 24, 2025, and subsequently declared effective by the SEC on April 28, 2025. A preliminary prospectus supplement and accompanying prospectus relating to the Offering and describing the terms thereof will be filed with the SEC and will be available on the SEC’s website at http://www.sec.gov. Copies of the preliminary prospectus supplement and accompanying prospectus may be obtained, when available, 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. Robin owns one Handysize tanker vessel and one LPG carrier that carry petrochemical gases and refined petroleum products worldwide.
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 timing, structure and completion of the proposed public offering on the anticipated terms or at all and 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 final terms of the proposed public offering and satisfaction of customary closing conditions related to the public offering, as well as those factors discussed under “Risk Factors” in our Annual Report on Form 20-F for the year ended December 31, 2024 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
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