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Robin Energy Ltd. (NASDAQ:RBNE) ("Robin Energy" or the "Company"), an international ship-owning company providing energy transportation services globally, today announced that it has commenced a public offering of shares of its common stock (or pre-funded warrants in lieu thereof) (the "Offering"). All of the shares of common stock (or pre-funded warrants in lieu thereof) to be sold in the proposed Offering will be sold by Robin Energy. The Offering is subject to market and other conditions, and there can be no assurance as to whether or when the Offering may be completed, or as to the actual size or terms of the Offering.
Maxim Group LLC is acting as sole book-running manager for the Offering.
Robin Energy currently intends to use the net proceeds from the Offering for working capital and general corporate purposes.
Posted In: RBNE
