The Rubico Inc. (RUBI) SEC filings page on Stock Titan provides access to the company’s regulatory reports as a foreign private issuer, along with AI‑generated explanations of key documents. Rubico files annual reports on Form 20‑F and current reports on Form 6‑K with the U.S. Securities and Exchange Commission, covering its operations as an international owner and operator of modern, fuel efficient ECO Suezmax tankers.
Recent Form 6‑K filings include public offering disclosures that describe the terms of Rubico’s registered unit offerings of common shares and warrants under effective Form F‑1 registration statements. These filings set out warrant exercisability, reset price mechanics, zero cash exercise options, exercise limitations, and the potential number of additional common shares issuable upon exercise. Rubico has also used Form 6‑K to update the market on the number of common shares issued and outstanding after offerings and warrant exercises.
Other 6‑K reports incorporate press releases on fleet refinancing, time charter extensions, and contracted revenue backlog for the company’s two 157,000 dwt Suezmax tankers, as well as details of sale and leaseback financing agreements with a major Chinese financier, bareboat charter back terms, purchase obligations, and financial covenants such as leverage ratio limits and minimum liquid funds requirements.
Rubico’s filings further include governance and financial reporting materials, such as proxy materials for its annual meeting of shareholders and management’s discussion and analysis with unaudited interim condensed combined carve‑out financial statements. Extensive risk factor discussions address charter rate volatility, customer relationships, regulatory changes, stock price fluctuations, small‑capitalization trading dynamics, and potential Nasdaq listing concerns.
On Stock Titan, users can review these Rubico filings as they are made available through EDGAR and rely on AI‑powered summaries to highlight important terms, capital structure changes, risk disclosures, and vessel financing details, helping to interpret lengthy documents like 20‑F annual reports and multi‑section 6‑K updates.
Rubico Inc. supplements its prospectus with a registration covering up to 50,000,000 Common Shares and information about a senior convertible note and warrant financing. The company completed the initial closing on October 19, 2026, selling notes and warrants for $8,500,000. The agreement also provides for a second closing of notes with $5,555,556 aggregate principal; it is subject to conditions including a prior-day closing share price of at least $1.00, average daily dollar trading volume of at least $200,000 over five Trading Days, and the initial notes’ outstanding principal falling below $2,500,000.
The notes carry 8.0% annual interest if paid in cash or 10.0% if paid in Common Shares, mature 12 months after issuance, and may be extended at Rubico’s option to 18 months with a 5.0% increase in principal. The Initial Notes have a $0.3646 fixed conversion price; an alternate conversion price is the greater of 85.0% of the lowest daily VWAP in the prior 10 Trading Days or a $0.10 floor. Initial Warrants have a $0.3646 exercise price and a five-year term. Note conversions and warrant exercises are subject to 9.99% and 4.99% beneficial-ownership limits, respectively.
Rubico Inc. estimates its net asset value (NAV) at $258.0 million as of September 30, 2026, a 41% increase from its previously reported NAV on July 16, 2026. NAV is $20.49 per common share based on shares outstanding and $3.58 per common share on a fully diluted basis, assuming exercise of all outstanding warrants and full conversion of the October 19, 2026 Senior Convertible Notes and Series G Convertible Preferred Shares. Rubico estimates a 94.02% discount to fully diluted charter-free NAV per share and approximately 92.24% to charter-adjusted NAV per share at the previous market close; the adjustment reflects prevailing market time-charter rates compared with contracted rates.
Rubico issued 1,295,179 common shares when the Convertible Note Financing closed on October 19, 2026. Giving effect to the financing, conversion-related issuances and recent ATM sales, 12,587,957 common shares were issued and outstanding. As of October 20, 2026, it had issued and sold $3.1 million under its ATM since inception, and $0.4 million had been converted under the Notes. Its pipeline includes three 47,499 dwt MR tanker newbuildings scheduled for delivery in the second, third and fourth quarters of 2029 and a 60-meter megayacht scheduled for delivery in the second quarter of 2027, which the company intends to divest.
Rubico Inc. (RUBI) completed the initial closing of a senior convertible-note and warrant offering on October 19, 2026, receiving $8,500,000 in gross proceeds for notes with $9,444,444 aggregate principal. Rubico expected to issue initial warrants covering 25,903,577 common shares at $0.3646 per share.
The notes mature 12 months after issuance; Rubico may extend maturity to 18 months, in which case principal increases by 5%. Interest is 8.0% per annum if paid in cash or 10.0% if paid in shares. The Initial Notes have a $0.3646 fixed conversion price; an alternative conversion price is the greater of 85.0% of the lowest daily volume-weighted average price over the 10 trading days before conversion and a $0.10 floor. Conversion is subject to a 9.99% beneficial-ownership cap. Warrants are immediately exercisable, expire five years after issuance and have a 4.99% ownership cap.
A further tranche of notes with $5,555,556 aggregate principal and warrants is conditional and would provide $5,000,000 in gross proceeds. Conditions include a prior-day share price of at least $1.00 and five-day average daily dollar trading volume of at least $200,000. Maxim Group LLC acted as exclusive placement agent and is entitled to a 6.0% fee on the aggregate purchase price.
Rubico Inc. is offering up to $15,000,000 in aggregate initial principal amount of senior convertible notes and warrants with an aggregate initial cash exercise price of up to $15,000,000, plus underlying common shares and Commitment Shares and/or Pre-Funded Warrants. The first tranche comprises $9,444,444 in note principal and warrants with $9,444,444 in aggregate initial cash exercise price; expected gross proceeds are $8,500,000. A second tranche of $5,555,556 in note principal and warrant exercise price may close subject to conditions, for $5,000,000 in gross proceeds.
The notes bear interest at 8.0% per annum if paid in cash or 10.0% if paid in shares and mature 12 months after issuance unless converted or redeemed earlier. Rubico may extend maturity by six months, increasing principal by 5.0%. First-tranche notes have a $0.3646 fixed conversion price; the alternative is 85.0% of the lowest daily VWAP over the preceding 10 trading days, subject to a $0.10 floor. Warrants are exercisable upon issuance and expire five years after issuance. Net proceeds are expected to be approximately $12.4 million for general corporate purposes, which may include working capital, debt repayments and vessel construction.
Rubico Inc. (RUBI) has a prospectus supplement covering up to 50,000,000 common shares. The company amended its related-party purchase transaction with TOP Ships Inc. for Roman Shark V Inc.: of the $6.5 million purchase price, $2.8 million has been settled in cash, leaving a $3.7 million balance.
The balance’s original September 30, 2026 payment deadline was extended to October 31, 2026. Rubico may settle it in cash or, at its election, in newly issued shares of its existing Series G Convertible Preferred Shares. Roman Shark V is party to a contract for construction of one 47,499 dwt MR chemical/product oil tanker.
Rubico Inc. (RUBI) amended its related-party transaction with TOP Ships Inc. on September 30, 2026, concerning Rubico’s acquisition of Roman Shark V Inc. under a July 27, 2026 Share Purchase Agreement. The purchase price was $6.5 million, of which $2.8 million has been settled in cash, leaving a $3.7 million balance.
The balance, originally due September 30, 2026, is now due October 31, 2026. At Rubico’s election, it may be settled in cash or newly issued shares of the company’s existing Series G Convertible Preferred Shares. Roman Shark V is party to a shipbuilding contract for one 47,499 dwt MR chemical/product oil tanker.
Rubico Inc.’s prospectus supplement covers up to 50,000,000 common shares. The company announced closing a July 27, 2026 share purchase agreement with related party Top Ships Inc., through which Rubico acquired the shares of an SPV that is party to a shipbuilding contract for one 47,499-dwt chemical/product oil carrier.
The tanker is scheduled for delivery in the second quarter of 2029 and has a time charter starting at delivery for a firm seven years, with a charterer option to extend four additional years. Rubico reported approximately $226.3 million in potential gross revenue backlog from its three newbuilding MR tankers, including available optional charter years, and approximately $374.6 million in total potential gross revenue backlog including its operating fleet, assuming all available charter extensions are exercised. The company also completed a stock dividend of 0.50 common shares for each common share outstanding; its shares traded ex-dividend as of October 6, 2026.
Rubico Inc. (RUBI) closed its share purchase agreement with related party Top Ships Inc., acquiring shares of an SPV that is party to a shipbuilding contract for a 47,499 dwt chemical/product oil carrier. Delivery is scheduled for the second quarter of 2029. The SPV has secured time charter employment with a major oil trader starting at delivery.
Rubico reported approximately $226.3 million in potential gross revenue backlog from its three newbuilding MR tankers, including available charterer extension years. Including contracted time charters for its operating fleet and assuming all available charter extensions are exercised, total potential gross revenue backlog is approximately $374.6 million. Rubico also completed a stock dividend of 0.50 common shares for each common share outstanding; its shares traded ex-dividend as of October 6, 2026.
Rubico Inc. (RUBI) updates dates for its previously announced stock dividend; its accompanying prospectus cover states up to 50,000,000 common shares. The dividend is 0.50 common shares for each common share outstanding, to be distributed on or about October 5, 2026, to shareholders of record at the close of business on September 28, 2026. Nasdaq determined October 6, 2026, as the ex-dividend date.
Due-bill trading is expected from September 28, 2026, through and including the Distribution Date. Holders of record as of September 28, 2026, must hold their shares through the Distribution Date to receive the dividend. No fractional shares will be issued; fractional amounts will be paid in cash based on the common shares’ closing price on Nasdaq on September 28, 2026.
Rubico Inc. announced that its previously announced stock dividend will distribute 0.50 common shares for each common share, on or about October 5, 2026, to shareholders of record at the close of business on September 28, 2026. Nasdaq determined that October 6, 2026 will be the ex-dividend date.
Nasdaq due-bill procedures are expected to apply from September 28 through the distribution date. Buyers during that period are entitled to the distribution on those shares, while sellers are not. No fractional shares will be issued; resulting fractions will be paid in cash based on the common-share closing price on Nasdaq on September 28. Separately, Rubico said it had entered into an agreement to acquire a shipowning company that owns a 47,499 dwt MR tanker newbuilding, with closing to occur by September 30, 2026.