LIMASSOL, Cyprus, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Robin Energy Ltd. (NASDAQ: RBNE), (“Robin”, or the “Company”), an international ship-owning company providing energy transportation services globally, today announced its results for the three months and the six months ended June 30, 2025. Highlights of the Second Quarter Ended June 30, 2025: Total vessel revenues: $2.0 million, as compared to $1.5 million for the three months ended June 30, 2024, or a 33.3% increase; Net income: $0.5 million, as compared ...

Group 1 - Robin Energy Ltd. announced the closing of its underwritten public offering of 5,769,230 shares at a price of $1.30 per share, raising approximately $8.6 million in gross proceeds [1][2] - The underwriter, Maxim Group LLC, partially exercised its overallotment option, purchasing an additional 864,770 shares for about $1.1 million in gross proceeds [1][2] - The net proceeds from the offering will be used for working capital and general corporate purposes [2] Group 2 - The offering was conducted under an effective shelf registration statement filed with the SEC on April 24, 2025, and declared effective on April 28, 2025 [3] - A final prospectus supplement and accompanying prospectus have been filed with the SEC and are available on their website [3] Group 3 - Robin Energy is an international ship-owning company that provides energy transportation services globally, owning one Handysize tanker and one LPG carrier [5]

Core Points - Toro Corp. held its 2025 Annual General Meeting of Shareholders on September 12, 2025, in Limassol, Cyprus [1] - The meeting resulted in the re-election of Mr. Angelos Rounick Platanias as Class B Director until the 2028 Annual General Meeting [3] - Deloitte Certified Public Accountants S.A. was appointed as the independent auditors for the fiscal year of 2025 [3] Company Overview - Toro Corp. is a global energy transportation services provider with a modern fleet of oceangoing vessels [2] - The company owns three LPG carriers and one MR tanker vessel, which transport petrochemical gases and refined petroleum products worldwide [2]

Group 1 - Robin Energy Ltd. announced a public offering of 5,769,230 shares at a price of $1.30 per share, expecting gross proceeds of approximately $7.5 million before expenses [1][2] - The offering is set to close on or about September 12, 2025, subject to customary closing conditions [1] - Maxim Group LLC is the sole book-running manager for the offering, and the net proceeds will be used for working capital and general corporate purposes [2] Group 2 - The offering is made under an effective shelf registration statement filed with the SEC on April 24, 2025, and declared effective on April 28, 2025 [3] - A preliminary prospectus supplement and accompanying prospectus have been filed with the SEC and are available on their website [3] Group 3 - Robin Energy is an international ship-owning company that provides energy transportation services globally, owning one Handysize tanker and one LPG carrier [5]

Company Overview - Robin Energy Ltd. is an international ship-owning company that provides energy transportation services globally, owning one Handysize tanker vessel and one LPG carrier for transporting petrochemical gases and refined petroleum products [5]. Offering Details - The company has commenced a public offering of shares of its common stock or pre-funded warrants, with all shares to be sold by Robin Energy [1]. - Maxim Group LLC is acting as the sole book-running manager for the offering [2]. - The net proceeds from the offering are intended for working capital and general corporate purposes [2]. - The offering is made pursuant to an effective shelf registration statement on Form F-3, previously filed with the U.S. Securities and Exchange Commission (SEC) [3]. Regulatory Information - A preliminary prospectus supplement and accompanying prospectus will be filed with the SEC and will be available on the SEC's website [3]. - The press release does not constitute an offer to sell or solicitation of an offer to buy these securities in any jurisdiction where such offer would be unlawful [4].

Core Viewpoint - Robin Energy Ltd has successfully taken delivery of the LPG Carrier Dream Syrax, which significantly enhances its fleet and earnings capacity, supporting its growth strategy through selective acquisitions [1][3]. Company Overview - Robin Energy Ltd is an international ship-owning company that provides energy transportation services globally, currently owning one Handysize tanker and one LPG carrier [4]. Acquisition Details - The Dream Syrax, a 2015-built vessel, was delivered on September 3, 2025, after completing its scheduled drydock and special survey, and the acquisition was fully funded with cash on hand [1]. - The vessel is under a time-charter contract at a rate of $337,000 per month, with the earliest redelivery expected in late December 2025 [2]. Strategic Insights - The Chairman and CEO of Robin Energy highlighted that the acquisition has doubled the size of the fleet in a short time since the company's listing, enhancing earnings capacity and generating stable cash flows for shareholders [3]. - The company aims to pursue further growth opportunities through selective acquisitions, supported by a debt-free balance sheet and a strong cash position [3].

Company Overview - Toro Corp. is a global energy transportation services provider operating a modern fleet of oceangoing vessels [3] - The company will have a fleet comprising three LPG carriers and one MR tanker vessel after completing the sale of one of its LPG carriers [3] - Toro Corp. is incorporated under the laws of the Republic of the Marshall Islands and its common shares trade on the Nasdaq Capital Market under the symbol "TORO" [4] Annual General Meeting - The Board of Directors has scheduled the 2025 Annual General Meeting of Shareholders to be held on September 12, 2025, at 5:00 p.m. local time in Limassol, Cyprus [1] - A record date of July 14, 2025, has been fixed for determining shareholders entitled to receive notice of and vote at the Meeting [1] - The Notice of the Meeting and Proxy Statement will be mailed to shareholders of record around July 29, 2025, and will also be available on the SEC's website and the company's website [2]

Core Viewpoint - Toro Corp. is initiating a tender offer to repurchase up to 4,500,000 shares at a price of $2.75 per share, reflecting the company's strong cash position and current stock price [1]. Group 1: Tender Offer Details - The tender offer will expire on August 7, 2025, at 5:00 P.M. Eastern Time, unless extended or withdrawn [1]. - The Board of Directors believes that repurchasing shares is in the best interest of the company at this time [1]. - The tender offer is not conditioned upon any minimum number of shares being tendered [1]. Group 2: Administrative Information - Toro has appointed Broadridge Corporate Issuer Solutions LLC as the depositary and Georgeson LLC as the information agent for the tender offer [2]. - Shareholders will receive copies of the Offer to Purchase and related materials by mail, and additional copies can be obtained from the information agent [3]. Group 3: Company Overview - Toro Corp. operates a modern fleet of oceangoing vessels, including four LPG carriers and one MR tanker [5]. - The company is incorporated under the laws of the Republic of the Marshall Islands and trades on the Nasdaq Capital Market under the symbol "TORO" [6].

Core Viewpoint - Robin Energy Ltd. has entered into a securities purchase agreement to sell 1,020,000 common shares at $3.50 each, aiming for gross proceeds of approximately $3.6 million [1][2]. Group 1: Offering Details - The offering is a registered direct offering, with Maxim Group LLC acting as the sole placement agent [2]. - The expected closing date for the offering is around June 25, 2025, pending customary closing conditions [2]. - The offering is made under an effective shelf registration statement filed with the SEC on April 28, 2025 [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for working capital and general corporate purposes [2]. Group 3: Company Overview - Robin Energy is an international ship-owning company that provides energy transportation services globally, currently owning one Handysize tanker vessel for petroleum product transportation [5].

Core Viewpoint - Robin Energy Ltd. has announced a securities purchase agreement to sell 763,000 common shares at $5.25 each, aiming for gross proceeds of approximately $4.0 million before expenses [1][2]. Group 1: Offering Details - The offering is being facilitated by Maxim Group LLC as the sole placement agent [2]. - The expected closing date for the offering is around June 20, 2025, pending customary closing conditions [2]. - The offering is conducted under an effective shelf registration statement on Form F-3, filed with the SEC on April 28, 2025 [3]. Group 2: Use of Proceeds - The net proceeds from the offering are intended for working capital and general corporate purposes [2]. Group 3: Company Overview - Robin Energy is an international ship-owning company that provides energy transportation services globally, currently owning one Handysize tanker vessel for petroleum product transportation [5].