INV4
3月前
RBNE Stock Extends Rally To Third Consecutive Session – What’s Charging This Momentum?
On Tuesday, Robin Energy announced a tender offer to repurchase up to one million shares at $3 per share, representing a 170% upside from the stock’s closing price on Monday.
The company’s board approved the move, citing its strong cash position and current stock price as key reasons. The offer is set to expire on April 23, 2026, Robin Energy said. Earlier this month, the firm’s board approved a spin-off of part of its tanker business into a new entity called AI OKTO.
Shares of Robin Energy (RBNE) gained 14% on Thursday, extending their rally into the third consecutive session following a 110% surge over the past two days, after the company approved a $3 million share buyback program.
Prior to the gains since Tuesday, RBNE shares were down more than 70% in March.
$3 Million Buyback Offer
Robin Energy announced a tender offer to repurchase up to one million shares of its common stock at $3 per share, using cash on hand, according to a filing with the SEC on Tuesday. The offer is set to expire on April 23, 2026, unless extended or withdrawn, the company added.
The company’s board approved the move, citing its strong cash position and current stock price as key reasons. The offer is not contingent on any minimum number of shares being tendered or external financing.
How Did Retail Traders React?
Retail sentiment on Stocktwits remained in the ‘extremely bullish’ zone over the past 24 hours, amid ‘extremely high’ message volumes.
One user said if the board was willing to buy back at $3 per share, the stock should be worth “a lot more.”
Tanker Business Spin-Off
Earlier this month, Robin Energy’s board approved a spin-off of part of its tanker business into a new entity, AI OKTO. Shareholders are expected to receive one AI OKTO share for every 6.5 Robin shares. The new entity will hold one tanker vessel and focus on building an AI-enabled operating model.
CEO Petros Panagiotidis will lead AI OKTO after the spin-off. The company said the move will create a more focused tanker business. Separately, Robin raised $13.9 million in the first quarter of 2026 through its at-the-market (ATM) program.
Link article
$RBNE 🗞️
INV4
3月前
Form SC TO-I - Tender offer statement by Issuer
March 24, 2026
Offer to Purchase for Cash
by
ROBIN ENERGY LTD.
of
Up to 1,000,000 Shares of its Common Stock, Including the Associated Preferred Share Purchase Rights Attached Thereto, at a Purchase Price of $3.00
THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE
AT 5:00 P.M., EASTERN TIME, ON APRIL 23, 2026 UNLESS THE OFFER IS EXTENDED.
ROBIN ENERGY LTD., a Marshall Islands corporation (the “Company,” “Robin”, “we,” or “us”), is offering to purchase up to 1,000,000 shares of its common stock, par value of $0.001 per share (the “Common Stock”), and the associated preferred share purchase rights attached thereto, at a price of $3.00 per share, net to the seller in cash, less any applicable withholding taxes and without interest, upon the terms and subject to the conditions described in this Offer to Purchase and the related Letter of Transmittal (which together, as they may be amended and supplemented from time to time, constitute the “Offer”). Unless the context otherwise requires, all references to shares shall refer to the Common Stock of the Company.
The Offer is not conditioned upon the receipt of financing or any minimum number of shares being tendered. The Offer is, however, subject to certain other conditions. See Section 6.
The shares are listed and traded on the Nasdaq Capital Market (“NASDAQ”) under the symbol “RBNE.”
On March 23, 2026, the reported closing price of the shares on the NASDAQ was $1.10 per share. Shareholders are urged to obtain current market quotations for the shares. See Section 7.
Our Board of Directors has unanimously approved the Offer. However, neither the Company, nor its Board of Directors, Broadridge Corporate Issuer Solutions LLC (the “Depositary”) or Georgeson LLC (the “Information Agent”) is making any recommendation to you as to whether to tender or refrain from tendering your shares. You must make your own decision as to whether to tender your shares and, if so, how many shares to tender. In doing so, you should read carefully the information in this Offer to Purchase and in the related Letter of Transmittal, including our reasons for making the Offer. See Section 2.
Our directors and executive officers are entitled to participate in the Offer on the same basis as all other shareholders and one or more of such persons may, but are under no obligation to, do so. See Section 10.
If the Offer is oversubscribed, we will purchase shares (a) first, from any eligible shareholder who owns beneficially of record an aggregate of not more than 99 Shares (“Odd lot Shareholders”), and (b) thereafter, on a pro rata basis from all shareholders who properly tender shares. See Section 1.
Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of this transaction or passed upon the merits or fairness of such transaction or passed upon the adequacy or accuracy of the information contained in this Offer to Purchase. Any representation to the contrary is a criminal offense.
TABLE OF CONTENTS
IMPORTANT
If you desire to tender all or any portion of your shares, you should either:
(1) (a) if you hold certificates in your own name, complete and sign the Letter of Transmittal in accordance with the instructions to the Letter of Transmittal, have your signature on the Letter of Transmittal guaranteed if Instruction 1 to the Letter of Transmittal so requires, and mail or deliver the Letter of Transmittal, together with any other required documents, including the share certificates, to the Depositary (as defined herein), at one of its addresses shown on the Letter of Transmittal, or
(b) if you are an institution participating in The Depository Trust Company, tender the shares in accordance with the procedure for book-entry transfer set forth in Section 3; or
(2) if you have shares registered in the name of a broker, dealer, commercial bank, trust company or other nominee, you must contact the nominee if you desire to tender those shares and request that your broker, dealer, commercial bank, trust company or other nominee effect the transaction for you.
If you desire to tender shares and your certificates for those shares are not immediately available or the procedure for book-entry transfer cannot be completed on a timely basis, or time will not permit all required documents to reach the Depositary prior to the Expiration Time (as defined herein), your tender may be effected by following the procedure for guaranteed delivery set forth in Section 3.
Questions and requests for assistance may be directed to Georgeson LLC, the Information Agent for the Offer, at its address and telephone number set forth on the back cover of this Offer to Purchase. Requests for additional copies of this Offer to Purchase, the related Letter of Transmittal or the Notice of Guaranteed Delivery may be directed to the Information Agent.
The Offer does not constitute an offer to buy or the solicitation of an offer to sell shares in any circumstance or jurisdiction in which such offer or solicitation is unlawful.
We have not authorized any person to make any recommendation on our behalf as to whether you should tender or refrain from tendering your shares. You should rely only on the information contained in this Offer to Purchase or to which we have referred you. We have not authorized anyone to provide you with information or to make any representation in connection with the Offer other than those contained in this Offer to Purchase or in the related Letter of Transmittal. If anyone makes any recommendation or gives any information or representation, you must not rely upon that recommendation, information or representation as having been authorized by us, the Depositary or the Information Agent.
See full article
$RNBE 🗞️
INV4
3月前
Robin Energy Commences Self Tender Offer To Purchase Up To 1,000,000 Shares
March 24, 2026
Robin Energy Ltd. (NASDAQ: RBNE) (“Robin Energy”, or the “Company”), an international ship-owning company providing energy transportation services globally, today announced that it is commencing a tender offer to purchase up to 1,000,000 shares of its common stock, as well as the preferred share purchase rights associated with such shares (collectively, the “Shares”) using funds available from cash and cash equivalents on hand at a price of $3.00 per share. The tender offer will expire at the end of the day, 5:00 P.M., Eastern Time, on April 23, 2026, unless extended or withdrawn. The Board of Directors determined that it is in the Company’s best interest to repurchase the Shares at this time given the Company’s cash position and stock price. The tender offer is not conditioned upon any minimum number of Shares being tendered. Specific instructions and an explanation of the terms and conditions of the tender offer are contained in the Offer to Purchase and related materials that are being mailed to shareholders.
Robin Energy has retained Broadridge Corporate Issuer Solutions LLC as the depositary for the tender offer and Georgeson LLC as the information agent.
Copies of the Offer to Purchase, the related Letter of Transmittal and the Notice of Guaranteed Delivery are being mailed to the Company’s shareholders. Additional copies of the Offer to Purchase, the related Letter of Transmittal or the Notice of Guaranteed Delivery may be obtained at the Company’s expense from the information agent at (866) 765-9035 (toll free). Questions regarding the tender offer should be directed to the information agent at (866) 765-9035 (toll free). Parties outside the U.S. can reach the information agent at +1 (646) 922-9320.
Certain Information Regarding the Tender Offer
The information in this press release describing Robin Energy’s tender offer is for informational purposes only and does not constitute an offer to buy or the solicitation of an offer to sell the Shares. The tender offer is being made only pursuant to the Offer to Purchase and the related materials that Robin Energy is distributing to its shareholders, as they may be amended or supplemented. Shareholders should read such Offer to Purchase and related materials carefully and in their entirety because they contain important information, including the various terms and conditions of the tender offer. Shareholders of Robin Energy may obtain a free copy of the Tender Offer Statement on Schedule TO, the Offer to Purchase and other documents that Robin Energy is filing with the Securities and Exchange Commission from the Securities and Exchange Commission’s website at www.sec.gov. Shareholders may also obtain a copy of these documents, without charge, from the information agent for the tender offer, toll free at (866) 765-9035. Shareholders are urged to carefully read all of these materials prior to making any decision with respect to the tender offer. Shareholders and investors who have questions or need assistance may call the information agent for the tender offer, toll free at (866) 765-9035. Parties outside the U.S. can reach the information agent at +1 (646) 922-9320.
About Robin Energy Ltd.
Robin Energy is an international ship-owning company providing energy transportation services globally. The Company’s fleet comprises two LPG Carriers and one tanker vessel that carry petrochemical gases and refined petroleum products worldwide.
For more information, please visit the Company’s website at http://www.robinenergy.com. Information on our website does not constitute a part of this press release.
Cautionary Statement Regarding Forward-Looking Statements
Matters discussed in this press release may constitute forward-looking statements. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. We are including this cautionary statement in connection with this safe harbor legislation. The words “believe”, “anticipate”, “intend”, “estimate”, “forecast”, “project”, “plan”, “potential”, “will”, “may”, “should”, “expect”, “pending” and similar expressions identify forward-looking statements.
Forward-looking statements are subject to risks, uncertainties and other factors because they relate to events and depend on circumstances that may or may not occur in the future and/or are beyond our control or precise estimate. Such risks, uncertainties and other factors include, but are not limited to, uncertainties related to the Company’s and its counterparty’s ability to consummate the transactions discussed herein, as well as those factors discussed under “Risk Factors” in our Annual Report on Form 20-F for the year ended December 31, 2024, and our other filings with the SEC, which can be obtained free of charge on the SEC’s website at http://www.sec.gov. Except to the extent required by applicable law, we disclaim any intention or obligation to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACT DETAILS
For further information please contact:
Investor Relations
Robin Energy Ltd.
Email: ir@robinenergy.com
Link article
🗞️ 🤓
iHub News
3月前
Robin Energy launches tender offer to repurchase up to 1M shares at $3March 24, 2026 10:57 AM
IH Market News
Robin Energy Ltd. (NASDAQ:RBNE) announced it will begin a tender offer to buy back up to 1,000,000 shares of its common stock, along with associated preferred share purchase rights, at a price of $3.00 per share.The offer represents a substantial premium compared with the company’s current share price of about $1.10, which is close to its 52-week low of $1.05.According to a company press release, the tender offer is scheduled to expire at 5:00 p.m. Eastern Time on April 23, 2026, unless it is extended or withdrawn. The repurchase will be funded using the company’s existing cash and cash equivalents.Robin Energy’s Board of Directors said it approved the buyback after evaluating the company’s cash position and current share price. The offer is not dependent on a minimum number of shares being tendered by shareholders.The company has appointed Broadridge Corporate Issuer Solutions LLC to serve as the depositary for the tender offer, while Georgeson LLC will act as the information agent. Offer documents and related materials are being distributed to shareholders.Robin Energy operates as an international ship-owning company focused on energy transportation. Its fleet currently includes two LPG carriers and one tanker vessel used to transport petrochemical gases and refined petroleum products around the world.In other recent developments, Robin Energy raised $13.9 million through its at-the-market equity program during the first quarter of 2026, selling shares at an average price of $4.31 each — well above its recent trading levels.The company also announced plans to spin off its tanker operations into a new subsidiary called AI OKTO CORP. Under the proposed plan, shareholders will receive one AI OKTO common share for every 6.5 Robin Energy shares they hold.Separately, Robin Energy reported stronger tanker market conditions and extended charter agreements for its LPG vessels. One of its ships, the M/T Wonder Mimosa, recorded a gross daily charter rate of $30,115 in February 2026, representing a notable increase from previous periods. These developments reflect a series of strategic steps by the company as it adapts to current market conditions.Robin Energy stock price
Original: Robin Energy launches tender offer to repurchase up to 1M shares at $3
iHub News
3月前
Robin Energy raises $13.9M via ATM program in early 2026March 12, 2026 11:43 AM
IH Market News
Robin Energy Ltd. (NASDAQ:RBNE) said Wednesday it has generated $13.9 million in gross proceeds through its at-the-market (ATM) share issuance program since the start of the first quarter of 2026.The international shipping company sold shares at an average price of $4.31 each, representing a 138% premium to Wednesday’s closing price of $1.81. Despite that premium, the stock has been highly volatile, declining about 96% over the past year and falling 38% over the past week.Robin Energy also confirmed that all pre-funded warrants tied to a registered direct offering announced on October 24, 2025, have now been exercised and are no longer outstanding.The company added that the recent capital raise did not include the issuance of additional warrants and that it currently has no warrants outstanding. As of Wednesday, Robin Energy had 7,021,760 common shares issued and outstanding.Robin Energy operates a small fleet consisting of two LPG carriers and one tanker used to transport petrochemical gases and refined petroleum products worldwide.In other developments, the company recently announced plans to spin off its tanker business into a new subsidiary named AI OKTO CORP. The spin-off will include one tanker vessel and Xavier Shipping Co., with shareholders receiving one AI OKTO share for every 6.5 Robin Energy shares they hold.The company also reported stronger tanker rates and extended charter agreements for its LPG vessels, noting that the M/T Wonder Mimosa achieved a gross daily rate of $30,115 in February 2026.Additionally, Robin Energy carried out a one-for-five reverse stock split that took effect on December 23, 2025, reducing its outstanding shares from roughly 14.0 million to about 2.8 million.Robin Energy’s board has also authorized a $1 million share repurchase program, allowing the company to buy back shares through open market purchases or privately negotiated transactions as part of its capital management strategy.Robin Energy stock price
Original: Robin Energy raises $13.9M via ATM program in early 2026
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