Robin Energy Ltd. Announces Pricing of $7.0 Million Registered Direct Offering

Rhea-AI Summary

Robin Energy (NASDAQ:RBNE) announced a registered direct offering to sell 6,540,000 common shares (or pre-funded warrants) at $1.07 per share (or $1.069 per pre-funded warrant) to a single institutional investor, for gross proceeds of approximately $7.0 million.

The company said Maxim Group is sole placement agent, the offering is expected to close on or about October 27, 2025, and net proceeds are intended for working capital and general corporate purposes. The offering is being made under an effective Form F-3 shelf registration declared effective on April 28, 2025.

Positive

• Gross proceeds of $7.0 million
• Sale of 6,540,000 shares/pre-funded warrants

Negative

• Issuance of shares will cause shareholder dilution
• Closing subject to customary conditions (not guaranteed)

Insights

Capital markets analyst

Robin Energy priced a ~$7.0 million registered direct offering of 6,540,000 shares at $1.07 per share; closing expected on or about October 27, 2025.

The company will issue 6,540,000 common shares (or pre‑funded warrants) at an offering price of $1.07 per share (pre‑funded warrants at $1.069), generating gross proceeds of approximately $7.0 million. Proceeds are disclosed as intended for working capital and general corporate purposes, and the offering uses an effective Form F-3 shelf declared effective on April 28, 2025.

This transaction directly affects capital structure through share issuance and will dilute existing holders proportionately; the near-term impact depends on the company’s cash burn and the stated use of proceeds. Key items to watch include the closing on or about October 27, 2025, the final prospectus supplement filing with the SEC, and any subsequent disclosures on how the net proceeds are allocated over the next few quarters.

LIMASSOL, Cyprus, Oct. 24, 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 entered into a securities purchase agreement with a single institutional investor to purchase 6,540,000 common shares (or pre-funded warrants in lieu thereof) at an offering price of $1.07 per share and an offering price of $1.069 per pre-funded warrant, for gross proceeds of approximately $7.0 million (the “Offering”), before deducting commissions and offering expenses, in a registered direct offering.

Maxim Group LLC is acting as the sole placement agent 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 expected to close on or about October 27, 2025, subject to the satisfaction of customary closing conditions.

The Offering is being made pursuant to an effective shelf registration statement on Form F-3, (File No. 333-286726 ) previously filed with and subsequently declared effective by the U.S. Securities and Exchange Commission (“SEC”) on April 28, 2025. A prospectus supplement relating to the securities to be issued in the Offering will be filed by the Company with the SEC. When available, copies of the prospectus supplement relating to the Offering, together with the accompanying prospectus, can be obtained at the SEC's website at www.sec.gov or by contacting Maxim Group LLC, at 300 Park Avenue, 16th Floor, New York, NY 10022, Attention: Syndicate Department, or via email at syndicate@maximgrp.com or by telephone at (212) 895-3745.

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 and one Handysize tanker vessel 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 completion and timing of the offering 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 closing and timing of 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, 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

What is Robin Energy (RBNE) selling in the October 24, 2025 offering?

Robin Energy is offering 6,540,000 common shares or pre-funded warrants at $1.07 per share (or $1.069 per pre-funded warrant).

How much gross capital will RBNE raise from the registered direct offering?

The offering is expected to raise approximately $7.0 million in gross proceeds before fees and expenses.

When is the RBNE registered direct offering expected to close?

The company expects the offering to close on or about October 27, 2025, subject to customary closing conditions.

What will RBNE use the net proceeds from the offering for?

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

Who is acting as placement agent for RBNE's offering (RBNE)?

Maxim Group LLC is serving as the sole placement agent for the registered direct offering.

Under what registration is RBNE making the offering?

The offering is being made under an effective Form F-3 shelf registration declared effective April 28, 2025.