Robin Energy to execute 1-for-15 reverse stock split effective July 9
PUBT · 07/07 13:03
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- Robin Energy will execute a 1-for-15 reverse stock split effective 11:59 p.m. ET July 8, 2026.
- Shares will trade split-adjusted on Nasdaq from the July 9 open under ticker RBNE.
- Outstanding common shares are expected to fall to about 600,000 from about 8.7 million.
- Fractional shares will be cashed out using the July 8 Nasdaq close, adjusted for the reverse split.
- Post-split shares will keep the same par value and voting rights, subject to rounding effects.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Robin Energy Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607070900PRIMZONEFULLFEED9758148) on July 07, 2026, and is solely responsible for the information contained therein.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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