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Rubico Announces Commencement of Trading on the Nasdaq Capital Market

1. Rubico Inc. completed its spin-off from Tops Ships Inc. 2. RUBI shares began trading on Nasdaq on August 4, 2025. 3. Rubico specializes in owning and operating fuel-efficient tankers. 4. The company is incorporated in the Marshall Islands. 5. Investors can access detailed filings via SEC or Rubico's website.

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Why Bullish?

The spin-off may attract new investments, paralleling successful past spin-offs like PayPal from eBay, boosting RUBI's market presence.

How important is it?

The formation of an independent entity enhances RUBI's potential for focused growth, increasing investor confidence post-spin-off.

Why Short Term?

Initial trading post-spin-off often leads to immediate investor interest and volatility in stock prices.

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August 04, 2025 16:30 ET  | Source: Rubico Inc. ATHENS, Greece, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Rubico Inc. (the “Company” or “Rubico”) (Nasdaq: RUBI) announced today that it has completed its spin-off from Tops Ships Inc. effective August 1, 2025. The Company’s shares have commenced trading as of today, August 4, 2025, on the Nasdaq Capital Market under the ticker symbol “RUBI”. Additional information about Rubico and the spin-off transaction can be found in the Rubico registration statement filed pursuant to the Securities Exchange Act of 1934 on Form 20-F, which is available at www.sec.gov or at https://rubicoinc.com/ under Investors/SEC Filings. About the Company Rubico Inc. is a global provider of shipping transportation services specializing in the ownership of vessels. The Company is an international owner and operator of two modern, fuel efficient, eco 157,000 dwt Suezmax tankers. The Company is incorporated under the laws of the Republic of the Marshall Islands and has executive offices in Athens, Greece. The Company's common shares trade on the Nasdaq Capital Market under the symbol “RUBI”.Please visit the Company’s website at: https://rubicoinc.com/ For further information please contact:Nikolaos PapastratisChief Financial OfficerRubico Inc.Tel: +30 210 812 8107Email: npapastratis@rubicoinc.com

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