Robin Energy Executes 1-for-5 Reverse Stock Split

Reuters
2025.12.29 13:00
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Robin Energy Ltd. has executed a 1-for-5 reverse stock split, effective December 23, 2025, reducing its outstanding shares from approximately 14 million to 2.8 million. The stock began trading on a split-adjusted basis on Nasdaq under the symbol "RBNE" on December 24, 2025. No fractional shares were issued, and cash was paid in lieu of fractions.