Rubico Inc.

Rubico Inc. filed a post-effective amendment to its F-1 registration statement (F-1MEF) to increase the proposed maximum number of shares offered by 14,880,000. This adjustment was made following a reverse stock split of the company's common stock that became effective on June 26, 2026. The filing clarifies that this increase in shares does not alter the maximum aggregate offering price previously set forth in the initial registration statement.

Rubico Inc. filed a Form F-1MEF, a post-effective amendment to its registration statement, on July 6, 2026. This filing aims to increase the number of shares of common stock registered for an offering by 48,000,000. The increase is a direct result of a reverse stock split that became effective on June 26, 2026, and does not alter the maximum aggregate offering price.

Rubico Inc. announced that its Board of Directors has approved a 1-for-25 reverse stock split of its common shares, effective at the opening of trading on June 26, 2026. The reverse stock split aims to increase the market price of the company's common stock to maintain compliance with Nasdaq's continued listing requirements. Following the split, the number of outstanding common shares will decrease from approximately 15.1 million to about 605,040, with cash payments in lieu of fractional shares.

Rubico Inc. announced a Special Meeting of Shareholders to be held on July 9, 2026, to vote on a proposal to effect one or more reverse stock splits of its common stock. The proposed cumulative exchange ratio would be between one-for-two and one-for-250, with the Board of Directors having discretion over the timing and specific ratio, provided it is implemented by January 15, 2027. The company aims to increase its per share trading price and maintain compliance with Nasdaq listing requirements.

Rubico Inc. announced a 1-for-25 reverse stock split of its common shares, effective at the opening of trading on June 26, 2026. This action is intended to increase the market price of the company's common stock and ensure compliance with Nasdaq's continued listing requirements. Following the split, the approximately 15.13 million outstanding shares will be reduced to about 605,040, with cash payments made for any fractional shares.

Rubico Inc. announced a warrant exercise inducement agreement where holders of its Class C warrants will exercise all outstanding warrants at a reduced price of $0.65 per share, down from $0.95. This transaction is expected to raise approximately $4.8 million in net proceeds for the company. In return for the immediate exercise, the warrant holders will receive new Class D warrants to purchase up to 15,789,480 common shares. Maxim Group LLC is acting as the financial advisor for this transaction.

Rubico Inc. closed a public offering on May 21, 2026, generating approximately $5.0 million in gross proceeds. The offering involved 5,263,160 units, with each unit consisting of one common share (or a pre-funded warrant) and one and one-half Class C Warrants. The company issued 750,000 common shares, pre-funded warrants for 4,513,160 common shares, and Class C Warrants for 7,894,740 common shares. Additionally, warrants to purchase 263,158 common shares were issued to the placement agent.

Rubico Inc. announced the pricing of its public offering of 5,263,160 units at $0.95 per unit. Each unit consists of one share of common stock (or pre-funded warrants) and 1.5 Class C Warrants. The offering is expected to generate gross proceeds of approximately $5.0 million and is anticipated to close around May 21, 2026. Maxim Group LLC is acting as the sole placement agent for the offering.

Rubico Inc. filed an F-1 registration statement for a public offering of up to 3,344,481 Units, each comprising one Common Share (or Pre-funded Warrant) and one and one-half Class C Warrants. The best efforts offering is expected to generate approximately $9.2 million in net proceeds, which will be used for general corporate purposes, including debt repayment, construction of new vessels, and fleet expansion. The company also recently completed a one-for-ten reverse stock split and entered into an equity line agreement for up to $50 million.