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Robin Energy Announces Closing of $8.6 Million Public Offering of Common Stock

LIMASSOL, Cyprus, Sept. 15, 2025 (GLOBE NEWSWIRE) -- Robin Energy Ltd. (NASDAQ:RBNE) ("Robin Energy" or the "Company"), an international ship-owning company providing energy transportation services globally, today announced the closing of its previously announced underwritten public offering of 5,769,230 shares of its common stock at a public offering price of $1.30 per share (the "Offering"). In connection with the Offering, the underwriter partially exercised its overallotment option and purchased an additional 864,770 shares of the Company's common stock at a public offering price of $1.30 per share for additional gross proceeds of approximately $1.1 million. The aggregate gross proceeds from the Offering, including the partial overallotment option, to Robin Energy were approximately $8.6 million, before deducting underwriting discounts, commissions, and other Offering expenses.

Maxim Group LLC acted 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.

The Offering was made pursuant to an effective shelf registration statement on Form F-3 (File No. 333-286726), previously filed with the U.S. Securities and Exchange Commission (the "SEC") on April 24, 2025 and subsequently declared effective by the SEC on April 28, 2025. The Offering was made only ...