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An announcement from Rubico Inc. ( (RUBI) ) is now available.
On November 28, 2025, Rubico Inc. announced a 1-for-30 reverse stock split of its common shares, effective December 2, 2025. This move aims to increase the market price of its stock to maintain compliance with Nasdaq’s listing requirements. The reverse stock split will not affect shareholders’ ownership percentages or the company’s market capitalization, but fractional shares will be settled in cash. The adjustment is intended to enhance the company’s stock market positioning.
More about Rubico Inc.
Rubico Inc. is a global provider of shipping transportation services, specializing in the ownership of vessels. The company operates two modern, fuel-efficient, eco-friendly Suezmax tankers and is incorporated under the laws of the Republic of the Marshall Islands with executive offices in Athens, Greece. Its common shares trade on the Nasdaq Capital Market under the symbol ‘RUBI’.
Average Trading Volume: 26,822,012
Find detailed analytics on RUBI stock on TipRanks’ Stock Analysis page.