Rubico Shareholders Approve Reverse Stock Split

Rubico Inc. shareholders held a Special Meeting on July 9, 2026, where they approved a proposal for one or more reverse stock splits of the company's common stock. The approved cumulative exchange ratio for the split is between one-for-two and one-for-250. The Board of Directors has the sole discretion to determine the specific timing and ratio within this range, with a deadline for implementation set for January 15, 2027.