Rubico shareholders back potential reverse stock split at special meeting
RUBI•Shareholders approve reverse split authority
Rubico held a special shareholder meeting on July 9, 2026.
Shareholders adopted a resolution authorizing amendments to the articles of incorporation to permit one or more reverse stock splits.
The approved exchange-ratio range is 1-for-2 to 1-for-250, with the board retaining discretion over whether to proceed.
Any reverse split would require separate board action on timing and ratio, with implementation deadline set for Jan. 15, 2027.
