Robin Energy Announces the Sale of the M/T Wonder Mimosa for a Price of $12.8 Million with an Expected Net Gain of $6.7 Million

Robin Energy (NASDAQ: RBNE) sold the M/T Wonder Mimosa, a 2006-built Handysize tanker, for $12.8 million (agreement dated April 22, 2026; delivery April 29, 2026).

Rhea-AI Summary

Robin Energy (NASDAQ: RBNE) sold the M/T Wonder Mimosa, a 2006-built Handysize tanker, for $12.8 million (agreement dated April 22, 2026; delivery April 29, 2026). The company expects to record an approximate $6.7 million net gain in Q2 2026, excluding transaction-related costs. After the sale, the fleet comprises two LPG carriers.

Positive

• Sale price of $12.8 million
• Expected $6.7M net gain to be recorded in Q2 2026
• Fleet now focused on two LPG carriers

Negative

• Net gain estimate excludes transaction-related costs
• Disposition reduces fleet by one Handysize tanker

Argus May 4 session

+0.62% close to close Open Argus

Details

News Market Reaction – RBNE

On May 4, the day this news came out, RBNE closed 0.62% above the previous close.

Data tracked by StockTitan Argus for the May 4 session.

Key Figures

Vessel sale price: $12.8 million Expected net gain: $6.7 million Vessel build year: 2006 +1 more

Vessel sale price

$12.8 million

Sale of M/T Wonder Mimosa announced April 22, 2026

Expected net gain

$6.7 million

Anticipated gain in Q2 2026 from vessel sale, before transaction costs

Vessel build year

2006

Handysize tanker M/T Wonder Mimosa

Remaining fleet

2 LPG carriers

Fleet composition after Wonder Mimosa sale

Historical Context

5 past events · Latest: Apr 27

5 events

1. Apr 27

   Tender offer results

   24h Move

   -7.7%

   Final self-tender results with 1,000,000 shares accepted at $3.00.

2. Apr 10

   Annual report filed

   24h Move

   +8.9%

   Form 20-F filing and availability of 2025 annual report.

3. Apr 10

   Earnings and update

   24h Move

   -16.0%

   Reported strong revenue growth, fleet expansion and equity financings.

4. Mar 24

   Tender offer launch

   24h Move

   +91.8%

   Commenced self-tender to buy up to 1,000,000 shares at $3.00.

5. Mar 12

   ATM raise update

   24h Move

   -1.7%

   Disclosed $13.9M raised via ATM at $4.31 and no warrants outstanding.

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

Key Terms

handysize tanker, lpg carriers, forward-looking statements, safe harbor, +4 more

8 terms

handysize tanker technical

"a 2006-built Handysize tanker vessel, for a price of $12.8 million"

A handysize tanker is a type of large ship designed to carry liquid cargoes like oil or chemicals across the seas. Its size makes it flexible enough to access smaller ports that bigger ships cannot reach, which can be important for delivering fuel to more locations. For investors, the demand for these ships reflects trends in global energy supply and shipping activity, influencing shipping companies' profitability.

lpg carriers technical

"the Company’s fleet comprises two LPG Carriers that carry petrochemical gases"

LPG carriers are specialized ships built to safely carry liquefied petroleum gas — a mix of propane and butane — in pressurized or refrigerated tanks across oceans and coastal routes. For investors, they matter because they are the transport link between gas producers and buyers: fleet size, charter rates, supply disruptions, and safety records directly affect shipping companies’ revenues and the broader cost and availability of LPG, much like trucks do for road-delivered goods.

forward-looking statements regulatory

"Cautionary Statement Regarding Forward-Looking Statements Matters discussed"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

safe harbor regulatory

"covered by the safe harbor provisions for forward-looking statements contained"

Safe harbor is a rule that protects companies or individuals from legal trouble if they follow certain guidelines or procedures. It’s like having a safety net that allows them to act without fear of punishment, as long as they stick to the rules. This helps encourage honest behavior and clear standards in financial and legal activities.

securities act regulatory

"contained in Section 27A of the Securities Act of 1933, as amended"

A securities act is a law that governs the offering, sale and disclosure of stocks, bonds and other investment products to the public. It requires companies to provide clear, truthful information—like a product label for an investment—so buyers can understand risks and value before they invest. For investors, these rules reduce fraud, promote transparency, and help ensure fair access to market information.

exchange act regulatory

"and Section 21E of the Securities Exchange Act of 1934, as amended"

A federal law that sets rules for trading securities on public exchanges, requiring companies and market participants to register, disclose regular financial information, and follow standards that promote honest, orderly markets. For investors, it matters because it creates transparency and legal protections—like stopping insider trading and ensuring timely company disclosures—so you can evaluate risks and rely on consistent rules much as players rely on a referee to keep a game fair.

risk factors regulatory

"those factors discussed under “Risk Factors” in our Annual Report on Form 20-F"

Risk factors are elements or conditions that could cause an investment's value to decrease or lead to potential losses. They are like warning signs or obstacles that can affect the success of an investment, making it uncertain or more unpredictable. Recognizing risk factors helps investors understand the possible challenges and make more informed decisions.

annual report on form 20-f regulatory

"our Annual Report on Form 20-F for the year ended December 31, 2025"

An annual report on Form 20-F is a standardized filing that foreign companies submit to the U.S. securities regulator to disclose their financial results, business operations, risks, and management’s discussion of performance. It matters to investors because it provides a complete, audited snapshot—like a company’s financial report card and shareholder letter combined—used to assess transparency, compare companies, and judge whether the stock’s price matches underlying business strengths and risks.

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

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LIMASSOL, Cyprus, May 04, 2026 (GLOBE NEWSWIRE) -- Robin Energy Ltd. (NASDAQ: RBNE) (“Robin Energy” or the “Company”), an international ship-owning company providing energy transportation services globally, announces that on April 22, 2026, it entered, through a wholly-owned subsidiary, into an agreement with an unaffiliated third-party for the sale of the M/T Wonder Mimosa, a 2006-built Handysize tanker vessel, for a price of $12.8 million. The sale was completed by delivering the vessel to its new owners on April 29, 2026.

The Company expects to record during the second quarter of 2026 a net gain of approximately $6.7 million from the sale of the M/T Wonder Mimosa, excluding any transaction-related costs.

About Robin Energy Ltd.

Robin Energy is an international ship-owning company providing energy transportation services globally. Following the above-mentioned transaction, the Company’s fleet comprises two LPG Carriers that carry petrochemical gases and refined petroleum products 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 expected net gain from the sale of the vessel. 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, 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 (RBNE) announce about the sale of M/T Wonder Mimosa on May 4, 2026?

The company announced the sale of M/T Wonder Mimosa for $12.8 million. According to the company, delivery occurred April 29, 2026, and an approximate $6.7 million net gain is expected to be recorded in Q2 2026, excluding transaction costs.

When will Robin Energy (RBNE) record the net gain from the Wonder Mimosa sale?

Robin Energy expects to record the net gain during Q2 2026. According to the company, the estimated net gain is approximately $6.7 million, and that estimate excludes any transaction-related costs.

How does the Wonder Mimosa sale change Robin Energy's fleet composition (RBNE)?

After the transaction, the company’s fleet comprises two LPG carriers. According to the company, the sale of the 2006-built Handysize tanker reduced its fleet to those two LPG carriers carrying petrochemical gases and refined products.

What are the key dates and buyer details for RBNE's sale of the Wonder Mimosa?

Agreement for the sale was entered April 22, 2026, with delivery on April 29, 2026. According to the company, the buyer is an unaffiliated third party and the sale price was $12.8 million.

Does the $6.7 million expected gain for RBNE include transaction-related costs?

No, the expected approximate $6.7 million net gain is reported excluding transaction-related costs. According to the company, actual recorded gain could differ once those costs are accounted for in Q2 2026 results.