Added to YB: 2026-03-27
Pitch date: 2026-03-25
RBNE [neutral]
Robin Energy Ltd.
Author Info
No bio for this author
Company Info
Robin Energy Ltd. operates as shipping company worldwide. The company acquires, owns, charters, and operates oceangoing tanker vessels.
Market Cap
$5.9M
Pitch Price
N/A
Price Target
3.00
Dividend
N/A
EV/EBITDA
76.83
P/E
23.36
EV/Sales
4.24
Sector
Marine Transportation
Category
special_situation
RBNE: Coffee → Groceries → Dinner (Odd Lot No. 3)
RBNE (tender offer): SC TO-I filed 3/24/26, offers $3.00/share (vs $2.11 close), expires 4/23/26. Odd lot holders (≤99 shares) get priority fill before proration. $88.11 gross profit on 99 shares = 42% return in ~30 days. Risks: delisting condition (recent reverse split history), market MAC (>10% index drop), price MAC (<$0.99). Tender funded from $13.9M March equity raise. Tax: likely Section 302(b)(3) capital gain treatment; PFIC risk exists (Marshall Islands domicile).
Read full article (4 min)