Rubico Inc. (RUBI) Stock Slides Again After $84 Million Fleet Refinancing — All the Key Updates for 13 November 2025
Rubico Inc. closed an $84 million sale-and-leaseback refinancing for its two Suezmax tankers, unlocking $10.4 million in cash. Shares fell 13.9% to $0.1999 Wednesday, near all-time lows, following a steep drop after a $7.5 million public offering earlier this month. Trading volume topped 95 million shares. Market capitalization now stands at about $0.6–0.7 million.