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Rubico prices $5M public offering of units including common stock and warrants at $0.95 each

Company Fundamentals
20 May 2026
GlobeNewsWire
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Neutral
pluang ai news

Rubico Inc., a shipping transportation company, announced a public offering of 5,263,160 units priced at $0.95 per unit, expected to raise approximately $5 million before fees. Each unit includes one share of common stock or pre-funded warrants and 1.5 Class C Warrants exercisable at $0.95 per share for five years. The offering is set to close around May 21, 2026, subject to customary conditions, with Maxim Group LLC as the placement agent. This capital raise aims to support Rubico's operations and growth in the shipping sector.

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