Robin Energy prices 5.8M shares at $1.30 in public offering

Robin Energy (RBNE) announced the pricing of an underwritten public offering of 5,769,230 shares of its common stock at a public offering price of $1.30 per share. The gross proceeds from the Offering to Robin Energy are expected to be approximately $7.5M, before deducting underwriting discounts, commissions, and other Offering expenses. The Offering is expected to close on or about September 12, 2025, subject to customary closing conditions. In addition, Robin Energy has granted the underwriters a 45-day option to purchase up to 865,385 additional shares of common stock at the public Offering price, less the underwriting discounts and commissions. Maxim Group is acting as sole book-running manager for the Offering. Robin Energy intends to use the net proceeds from the Offering for working capital and general corporate purposes.