Robin Energy approves 1-for-15 reverse stock split
Seeking Alpha ·
Robin Energy ( RBNE ) approved a 1-for-15 reverse stock split of its common shares. The reverse stock split will become effective at 11:59 p.m. ET on July 8, 2026. The company's shares will begin trading on a split-adjusted basis on Nasdaq on July 9, 2026. The reverse split will reduce the number of outstanding common shares from ~8.7M to 0.6M. Robin Energy Non-GAAP EPS of $0.03, revenue of $5.4M
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