1. Robin Energy announces a 1-for-5 reverse stock split effective Dec 23, 2025. 2. Outstanding shares will decrease from 14 million to 2.8 million. 3. No fractional shares will be issued; cash payments for fractions are available. 4. The reverse split aims to comply with Nasdaq continued listing requirements. 5. All shares will trade on a split-adjusted basis starting Dec 24, 2025.
FAQ
Why Bullish?
Reverse stock splits can indicate efforts to enhance stock price stability. Historically, companies like Citigroup and Marathon Oil saw price improvements post-split.
How important is it?
The reverse stock split directly influences share structure and market perception, impacting RBNE's trading dynamics immediately.
Why Short Term?
Investor response expectations from the reverse split could impact short-term price performance. However, the long-term effects will depend on operational performance.
Robin Energy Announces Reverse Stock Split Effective December 24, 2025
Robin Energy Ltd. (NASDAQ: RBNE), an international ship-owning company specializing in energy transportation services, has officially announced a one-for-five (1-for-5) reverse stock split of its common shares. This significant corporate action will take effect at 11:59 PM Eastern Time on December 23, 2025, with trading on a split-adjusted basis commencing on December 24, 2025.
Key Details of the Reverse Stock Split
- Effective Date: December 23, 2025
- Trading Starts: December 24, 2025
- CUSIP Number: Y73118 112
- Outstanding Shares Reduction: From approximately 14.0 million to 2.8 million shares
Under this plan, every five issued common shares will be converted into one issued common share. This consolidation does not alter the par value of the shares, which remains at $0.001 per share. Importantly, fractional shares will not be issued; stockholders entitled to fractional shares will instead receive a cash payment based on the closing price of the Company's shares on the last trading day before the split.
Impact on Stockholders
Stockholders holding shares in book-entry form or through a financial intermediary will not need to take any action, as the effects of the reverse stock split will be automatically reflected in their accounts starting from December 24, 2025. For any queries, beneficial holders are advised to contact their bank, broker, or nominee.
The reverse stock split has been approved by the Company’s board of directors and aligns with the range of ratios authorized by RBNE stockholders.
About Robin Energy Ltd.
Robin Energy specializes in energy transportation on a global scale. The company operates a fleet consisting of two LPG carriers and one Handysize tanker vessel, designed to carry petrochemical gases and refined petroleum products worldwide.
For more information, please visit www.robinenergy.com.
Cautionary Statement
Statements included in this announcement may contain forward-looking information. These statements are intended to be covered by the safe harbor provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934. Such projections may include plans and objectives regarding future performance and are subject to various risks and uncertainties.
Potential risks and uncertainties are discussed in the Company’s Annual Report on Form 20-F for the year ended December 31, 2024, which is available on the SEC's website at www.sec.gov.
Contact Information
For further inquiries, please reach out to:
Investor Relations
Robin Energy Ltd.
Email: ir@robinenergy.com