Robin Energy, an international ship-owning company providing energy transportation services globally, announced that it has entered into a securities purchase agreement with a single institutional investor to purchase 6,540,000 common shares (or pre-funded warrants in lieu thereof) at an offering price of $1.07 per share and an offering price of $1.069 per pre-funded warrant, for gross proceeds of approximately $7.0 million, before deducting commissions and offering expenses, in a registered direct offering.
Maxim Group LLC is acting as the sole placement agent for the Offering.
Robin Energy currently intends to use the net proceeds from the Offering for working capital and general corporate purposes. The Offering is expected to close on or about October 27, 2025, subject to the satisfaction of customary closing conditions.
The Offering is being made pursuant to an effective shelf registration statement on Form F-3, (File No. 333-286726 ) previously filed with and subsequently declared effective by the U.S. Securities and Exchange Commission on April 28, 2025. A prospectus supplement relating to the securities to be issued in the Offering will be filed by the Company with the SEC.