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RU
Rubico Inc. Common Stock
RUBI
Mkt Cap
$1.0M
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63.78M
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RU
RUBI
RU
Rubico Inc. Common Stock
RUBI
News
·
Rubico Announces $8.5 Million Registered Direct Offering of Senior Convertible Notes and Warrants
Mkt Cap
$1.1M
Volume
63.78M
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Rubico Announces $8.5 Million Registered Direct Offering of Senior Convertible Notes and Warrants
Rubico Inc. (RUBI), a global shipping and vessel ownership company, announced a securities purchase agreement to issue $9.4M in senior convertible notes with a 10% original issue discount and warrants to purchase common shares. The company expects to receive $8.5M in gross proceeds at the first closing on October 19, 2026, with a potential second tranche of $5.5M. The notes bear 8-10% interest and mature in 12 months with optional extension to 18 months.
GlobeNewswire Inc. · Oct 16, 2026
Rubico Announces Acquisition of 3rd Newbuilding MR Tanker and a 24% Increase of Potential Gross Revenue Backlog to About $379 Million
Rubico Inc. announced the acquisition of a third newbuilding MR tanker from Top Ships Inc. through a share purchase agreement. The 47,499 dwt chemical/product oil carrier is scheduled for delivery in Q2 2029 and has secured a seven-year time charter with a major oil trader worth approximately $75.4 million in potential gross revenue. The acquisition increases Rubico's total potential gross revenue backlog to approximately $379.2 million, representing a 24% increase.
GlobeNewswire Inc. · Jul 28, 2026
Rubico Inc. Announces Reverse Stock Split
Rubico Inc., a global shipping transportation company specializing in vessel ownership, announced a 1-for-10 reverse stock split effective April 9, 2026. The reverse stock split will reduce outstanding common shares from approximately 7.57 million to 757,356 shares. The company stated the purpose is to increase the market price of its common stock and maintain compliance with Nasdaq's continued listing requirements.
GlobeNewswire Inc. · Apr 7, 2026
Stock Market Today: S&P 500, Dow Futures Gain On The First Trading Day Of 2026— Baidu, Rubico, Intelligent Bio Solutions In Focus
U.S. stock futures rose on the first trading day of 2026, with the S&P 500 and Nasdaq 100 gaining in premarket trading. Key movers included Baidu jumping 12.2% on a spinoff announcement, Rubico surging 16.8% following an acquisition deal, while Outlook Therapeutics plummeted 56.5% after an FDA rejection and Intelligent Bio Solutions dropped 23.4% on a private placement announcement. Analysts predict modest 3-5% gains for 2026 after a record-breaking 2025.
Benzinga · Jan 2, 2026
Rubico Inc. Announces Acquisition of Newbuilding Mega Yacht
Rubico Inc. (NASDAQ: RUBI) has entered into a purchase agreement to acquire a vessel-owning company from Top Ships Inc. that holds a shipbuilding contract for a newbuilding mega yacht, the M/Y Sanlorenzo 1150Exp, for $38.0 million with expected delivery in Q2 2027. The transaction is expected to close by March 31, 2026, with a previously made $4.0 million advance payment credited against the purchase price.
Benzinga · Dec 31, 2025
Rubico Inc. Announces Time Charter Extensions and Contracted Revenue Backlog of $120.8 Million
Rubico Inc. extended time charter agreements for its two modern, fuel-efficient Suezmax tankers, securing a gross daily hire rate of $32,850 until January 2027 and $29,990 thereafter for 4 years, with a total contracted revenue backlog of $120.8 million.
GlobeNewswire Inc. · Nov 25, 2025
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