Rubico (RUBI) Jumps After Closing $7.5M Offering; SEC 6‑K Lays Out Reset Warrants, New Share Count — Nov. 7, 2025
What happened today Rubico Inc. (Nasdaq: RUBI) published a Form 6‑K on Friday confirming it closed a firm‑commitment public offering of 12,315,270 units on Nov. 6 at $0.609 per unit (one common share + one Class A warrant per unit). Gross proceeds were approximately $7.5 million before fees. The underwriter (Maxim Group) partially exercised the over‑allotment option for 1,847,290 warrants at closing. SEC Post‑deal share count: Rubico reported 17,612,636 common shares outstanding after the closing. It also issued 14,162,560 investor warrants plus 615,763 representative warrants. The company’s filing notes that, if all such warrants were exercised using the “zero‑cash” option