Rubico Inc.
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See all $RUBI insider activity →Rubico Inc. (RUBI) has secured $8.5M in gross proceeds from issuing $9.44M in senior convertible notes and warrants, with a 10% original issue discount. The notes carry 8–10% interest, a 12-month maturity, and a fixed conversion price of $0.3646, according to the company. The closing is expected on October 19, 2026.
Rubico Inc. (RUBI) completed the acquisition of a special purpose vehicle (SPV) holding a contract for an MR tanker, with a 7-year charter secured. The tanker is expected to be delivered in Q2 2029, and the deal adds approximately $374.6M to the company's potential gross revenue backlog, assuming all options are exercised.
Benzinga Pro highlights energy-sector stocks trading near oversold RSI levels. It cites Rubico (RUBI) with an RSI of 19.8 after a $25 million at-the-market common share offering filing, Recon Technology (RCON) with RSI 21.2 after a $100 million at-the-market equity program, and Vivakor (VIVK) with RSI 28 after a strategic collaboration with M2i Global.
Recent RUBI coverage spans financial news, corporate actions and mergers & acquisitions.
Rubico Inc. (RUBI) has secured $8.5M in gross proceeds from issuing $9.44M in senior convertible notes and warrants, with a 10% original issue discount. The notes carry 8–10% interest, a 12-month maturity, and a fixed conversion price of $0.3646, according to the company. The closing is expected on October 19, 2026.
The new charter adds significant future revenue, likely supporting the stock price.
Dilutive ATM financing risk is the key near-term overhang, with oversold momentum (RSI 19.8) potentially supporting a bounce.
The deal increases Rubico’s contracted revenue visibility via a long time charter and expands its backlog, supporting forward cash-flow expectations.
The company is seeking to free capital by selling a megayacht newbuild and reducing future capital commitments, shifting focus to its tanker fleet.
AlphAI scores every news story that mentions RUBI with an AI model for sentiment and relevance, and aggregates insider trades from Rubico Inc.'s SEC EDGAR Form 4 filings. Figures refresh continuously.
Rubico Inc. (RUBI) has secured $8.5M in gross proceeds from issuing $9.44M in senior convertible notes and warrants, with a 10% original issue discount. The notes carry 8–10% interest, a 12-month maturity, and a fixed conversion price of $0.3646, according to the company. The closing is expected on October 19, 2026.
1 min readRubico Inc. (RUBI) completed the acquisition of a special purpose vehicle (SPV) holding a contract for an MR tanker, with a 7-year charter secured. The tanker is expected to be delivered in Q2 2029, and the deal adds approximately $374.6M to the company's potential gross revenue backlog, assuming all options are exercised.
1 min readBenzinga Pro highlights energy-sector stocks trading near oversold RSI levels. It cites Rubico (RUBI) with an RSI of 19.8 after a $25 million at-the-market common share offering filing, Recon Technology (RCON) with RSI 21.2 after a $100 million at-the-market equity program, and Vivakor (VIVK) with RSI 28 after a strategic collaboration with M2i Global.
4 min readRubico Inc. (Nasdaq: RUBI) agreed to buy an SPV from Top Ships Inc. tied to a 47,499 dwt MR tanker newbuilding contract with Guangzhou Shipyard and China Shipbuilding Trading. Purchase price is about $6.25 million, closing by Sept. 30, 2026. Delivery is Q3 2029; 7-year time charter. Potential gross revenue backlog rises to about $305 million.
5 min readRubico Inc. (Nasdaq: RUBI) said it will divest its 60-meter megayacht under construction and exit the megayacht sector to redeploy capital to its core tanker business. The company expects gross cash proceeds of about €30-€35 million and to eliminate a €26.5 million pre-delivery capital commitment. Delivery is targeted for Q2 2027.
3 min readRubico Inc. (Nasdaq: RUBI) said its board approved a 1-for-25 reverse stock split of its common shares, effective at the opening of trading June 26, 2026. Shares will trade on a split-adjusted basis under the same symbol. About 15.13M shares outstanding will drop to ~605,040, with fractional holders paid cash. The company said the move aims to raise the stock price to maintain Nasdaq compliance.
3 min readHRT FINANCIAL LP sold 551,020 shares of Rubico Inc. (RUBI) at $0.95 ($0.53M total) on 2026-06-12.
2 min readHRT FINANCIAL LP purchased 484,963 shares of Rubico Inc. (RUBI) at $0.81 ($0.39M total) on 2026-06-11.
2 min readATHENS, Greece, Nov. 28, 2025 ( GLOBE NEWSWIRE ) -- Rubico Inc. ( Nasdaq: RUBI ) ( the "Company" or "Rubico" ) , a global provider of shipping transportation services specializing in the ownership of vessels, announced today that its board of directors ( the "Board" ) has determined to effect a ...
2 min readATHENS, Greece, Nov. 12, 2025 ( GLOBE NEWSWIRE ) -- Rubico Inc. ( the "Company" or "Rubico" ) ( NASDAQ:RUBI ) , an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced today that it has closed the previously announced sale and leaseback financing agreements ...
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