Monitor post-split price action for sustained compliance above $1.00 bid price.
Price Chart
Executive Summary
Robin Energy Ltd. announced a 1-for-15 reverse stock split effective July 9, 2026, reducing outstanding shares from ~8.7M to ~0.6M. The move is typically a distress signal for micro-cap companies facing delisting, and follows a year of declining net income and losses. Given poor historical trading performance, the split is bearish.
Key Facts
- 1-for-15 reverse stock split effective 11:59 pm ET on July 8, 2026, trading split-adjusted on July 9, 2026.
- Outstanding shares reduced from approximately 8.7 million to approximately 0.6 million.
- No change to par value or ownership percentages; fractional shareholders receive cash.
- Market cap ~$2M; prior annual report (20-F) showed net loss of $0.7M and full-year net income decline to $0.01M loss from $1.1M profit.
Financial Impact
No direct cash impact; reverse split is a mechanical share consolidation with potential to meet Nasdaq minimum bid, but does not alter enterprise value.
Risk Factors
- Post-split stock may decline and still fail to maintain Nasdaq minimum bid price.
- Potential for additional dilutive financing given net losses and small fleet (two LPG carriers).
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001140361-26-027717 |
| Document: ef20077344_ex99-1.htm | 0001140361-26-027717 |
| Document: 0001140361-26-027717-index-headers.html | 0001140361-26-027717 |
| Document: 0001140361-26-027717-index.html | 0001140361-26-027717 |
| Document: 0001140361-26-027717.txt | 0001140361-26-027717 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 3d ago | 6-K | $0.1900 | awaiting T+5 | — | $0.1700 (−10.53%) |
Oct 16, 2026 10d ago | F-1 | $0.7800 $0.1950 | ▲ +75.00% | ▲ +75.09% | $0.1700 (+78.21%) |
Oct 9, 2026 17d ago | 6-K | $2.23 $0.7800 | ▼ −65.02% | ▼ −63.05% | $0.1700 (−92.38%) |
Sep 23, 2026 4w ago | 6-K | $2.37 $2.39 | ▲ +0.97% | ▲ +1.65% | $0.1700 (−92.83%) |
Sep 23, 2026 4w ago | 6-K | $2.37 $2.39 | ▲ +0.97% | ▲ +1.65% | $0.1700 (−92.83%) |
Sep 23, 2026 4w ago | Press Release | $2.37 $2.39 | ▲ +0.97% | ▲ +1.65% | $0.1700 (−92.83%) |
Jul 27, 2026 13w ago | 424B5 / 6-K | $3.10 $2.59 | ▲ +16.45% | ▲ +18.97% | $0.1700 (+94.52%) |
Jul 24, 2026 13w ago | Press Release | $3.20 $2.44 | ▲ +23.75% | ▲ +24.12% | $0.1700 (+94.69%) |
Jul 20, 2026 14w ago | 6-K | $4.62 $3.20 | ▼ −30.74% | ▼ −30.31% | $0.1700 (−96.32%) |
Jul 10, 2026 15w ago | 6-K | $6.45 $4.10 | ▼ −36.43% | ▼ −35.87% | $0.1700 (−97.36%) |
US Market Status
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