Robin Energy Secures $13.9M at $4.31 Share Price, No Warrants Remaining
Robin Energy raised $13.9 million through its ATM program at an average price of $4.31 per share, a 138% premium to its March 11 closing price. All pre-funded warrants from October 2025 have been exercised, leaving 7,021,760 shares outstanding with no warrants remaining.
1. ATM Program Capital Raise
Since the beginning of Q1 2026, Robin Energy has generated $13.9 million in gross proceeds through its at-the-market equity program by selling common shares at an average price of $4.31 each, reflecting a 138% premium to the March 11 closing share price. This infusion strengthens liquidity for operational and growth initiatives.
2. Warrant Exercises and Share Count
All pre-funded warrants issued in October 2025 have been exercised, and the company currently has no outstanding warrants. Following these exercises, Robin Energy’s total common shares outstanding stand at 7,021,760, consolidating its equity base without further dilution risk from warrants.