Robin Energy Ltd. Announces Pricing of $3.6 Million Registered Direct Offering
Robin Energy Ltd. (NASDAQ:RBNE), a global energy transportation company, has announced a registered direct offering of 1,020,000 common shares at $3.50 per share, aiming to raise approximately $3.6 million in gross proceeds. The offering, with Maxim Group LLC as the sole placement agent, is expected to close around June 25, 2025.
The company, which currently owns one Handysize tanker vessel for petroleum product transportation, plans to use the net proceeds for working capital and general corporate purposes. The offering is being conducted under an effective shelf registration statement previously filed with the SEC.
Robin Energy Ltd. (NASDAQ:RBNE), un'azienda globale di trasporto energetico, ha annunciato un offerta diretta registrata di 1.020.000 azioni ordinarie a 3,50 dollari per azione, con l'obiettivo di raccogliere circa 3,6 milioni di dollari di proventi lordi. L'offerta, con Maxim Group LLC come unico agente di collocamento, dovrebbe concludersi intorno al 25 giugno 2025.
L'azienda, che attualmente possiede una nave cisterna Handysize per il trasporto di prodotti petroliferi, prevede di utilizzare i proventi netti per il capitale circolante e scopi aziendali generali. L'offerta viene effettuata nell'ambito di una dichiarazione di registrazione a scaffale efficace precedentemente depositata presso la SEC.
Robin Energy Ltd. (NASDAQ:RBNE), una empresa global de transporte de energía, ha anunciado una oferta directa registrada de 1,020,000 acciones comunes a $3.50 por acción, con el objetivo de recaudar aproximadamente $3.6 millones en ingresos brutos. La oferta, con Maxim Group LLC como único agente colocador, se espera que cierre alrededor del 25 de junio de 2025.
La compañía, que actualmente posee un buque tanque Handysize para el transporte de productos petrolíferos, planea utilizar los ingresos netos para capital de trabajo y fines corporativos generales. La oferta se realiza bajo una declaración de registro en estante efectiva previamente presentada ante la SEC.
Robin Energy Ltd. (NASDAQ:RBNE)는 글로벌 에너지 운송 회사로서, 주당 3.50달러에 1,020,000 보통주를 등록 직접 공모하여 약 360만 달러의 총 수익을 조달할 계획임을 발표했습니다. 단독 배정 대리인인 Maxim Group LLC가 담당하며, 공모는 2025년 6월 25일경 마감될 예정입니다.
현재 석유 제품 운송용 핸디사이즈 탱커 선박 1척을 보유한 이 회사는 순수익을 운전자본 및 일반 기업 목적에 사용할 계획입니다. 이번 공모는 SEC에 사전 제출된 유효한 선반 등록 명세서에 따라 진행됩니다.
Robin Energy Ltd. (NASDAQ:RBNE), une entreprise mondiale de transport d'énergie, a annoncé une offre directe enregistrée de 1 020 000 actions ordinaires au prix de 3,50 $ par action, visant à lever environ 3,6 millions de dollars de produit brut. L'offre, avec Maxim Group LLC comme agent de placement unique, devrait se clôturer aux alentours du 25 juin 2025.
La société, qui possède actuellement un navire-citerne Handysize pour le transport de produits pétroliers, prévoit d'utiliser le produit net pour le fonds de roulement et des fins corporatives générales. L'offre est réalisée dans le cadre d'une déclaration d'enregistrement sur étagère efficace précédemment déposée auprès de la SEC.
Robin Energy Ltd. (NASDAQ:RBNE), ein globales Energie-Transportunternehmen, hat ein registriertes Direktangebot von 1.020.000 Stammaktien zu 3,50 USD pro Aktie angekündigt, mit dem Ziel, rund 3,6 Millionen USD Bruttoerlöse zu erzielen. Das Angebot, bei dem Maxim Group LLC als alleiniger Platzierungsagent fungiert, soll voraussichtlich um den 25. Juni 2025 abgeschlossen werden.
Das Unternehmen, das derzeit ein Handysize-Tankerschiff für den Transport von Erdölprodukten besitzt, plant, die Nettoerlöse für das Betriebskapital und allgemeine Unternehmenszwecke zu verwenden. Das Angebot erfolgt im Rahmen einer zuvor bei der SEC eingereichten wirksamen Shelf-Registrierungserklärung.
- Successful securing of $3.6 million in new capital
- Offering conducted through established institutional investors
- Effective shelf registration statement already in place
- Potential dilution for existing shareholders with 1,020,000 new shares
- Small fleet size of only one Handysize tanker vessel
- Funds designated for general purposes rather than specific growth initiatives
Insights
Robin Energy raises $3.6M through share offering at $3.50/share, potentially diluting existing shareholders while strengthening working capital position.
Robin Energy's $3.6 million registered direct offering reveals important financial dynamics for this small-cap maritime energy transportation company. At $3.50 per share for 1,020,000 new common shares, this offering represents a significant capital raise relative to the company's size. The offering is being conducted with institutional investors, suggesting some level of sophisticated investor confidence, with Maxim Group handling placement.
The stated use of proceeds for "working capital and general corporate purposes" lacks specificity but typically indicates one of two scenarios: either strengthening the balance sheet to weather challenging market conditions or preparing for potential growth opportunities. Given Robin Energy currently owns only one Handysize tanker vessel, this capital could be crucial for fleet expansion or maintaining liquidity during volatile shipping markets.
This financing is occurring through a shelf registration filed in April 2025, demonstrating forward planning in capital management. The relatively small size of the offering and the company's limited fleet (just one vessel) positions Robin Energy as a minor player in the global energy shipping market, which is dominated by companies with dozens or hundreds of vessels. The decision to raise capital through equity rather than debt suggests either challenging debt markets for small shipping companies or a strategic choice to avoid increasing leverage ratios.
For existing shareholders, this offering represents potential dilution of their ownership stake, which must be weighed against the company's need for capital and future growth prospects in the energy transportation sector.
LIMASSOL, Cyprus, June 25, 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 several institutional investors to purchase 1,020,000 common shares at an offering price of
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 June 25, 2025 (the “Closing Date”), 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. Robin currently owns one Handysize tanker vessel that carries 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 Company’s and its counterparty’s ability to consummate the transactions discussed herein, 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:
Petros Panagiotidis
Robin Energy Ltd.
Email: ir@robinenergy.com
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