Rubico Inc. Completes $7.5 Million Public Offering

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2025.11.07 11:41
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Rubico Inc. has successfully completed a public offering, raising approximately $7.5 million by selling 12,315,270 units at $0.609 each. This offering included common shares and Class A warrants, with a partial over-allotment option exercised by underwriters. The funds are expected to enhance Rubico's liquidity and strengthen its market position in the shipping industry. Rubico Inc. specializes in shipping transportation services and operates eco-friendly Suezmax tankers, with shares traded on the Nasdaq under the symbol 'RUBI'.