RBNE

Securities Purchase Agreement: Robin Energy Ltd. has entered into a securities purchase agreement to sell 6,540,000 common shares at $1.07 each, aiming for gross proceeds of approximately $7.0 million.

Use of Proceeds: The company plans to use the net proceeds from the offering for working capital and general corporate purposes, with the offering expected to close around October 27, 2025.

Regulatory Compliance: The offering is being conducted under an effective shelf registration statement with the SEC, and a prospectus supplement will be filed to provide further details.

Company Overview: Robin Energy is an international ship-owning company specializing in energy transportation, operating a fleet that includes LPG carriers and a Handysize tanker vessel.

Financial Performance: Robin Energy Ltd. reported a 42.9% increase in total vessel revenues to $2.0 million for Q3 2025, with a net income of $0.2 million compared to a loss of $0.1 million in Q3 2024.

Vessel Acquisitions: The company acquired two LPG carrier vessels, LPG Dream Syrax and LPG Dream Terrax, for a total of $38 million, expanding its operational segments to include both tankers and LPG carriers.

Cash Position and Investments: As of September 30, 2025, Robin Energy's cash position rose to $2.7 million, significantly up from $0.01 million at the end of 2024, partly due to successful equity offerings and a new Bitcoin treasury strategy.

Management Outlook: CEO Petros Panagiotidis emphasized the company's focus on growth, profitability, and shareholder value, highlighting the robust balance sheet and strategic vessel acquisitions as key components of their ongoing strategy.