Rubico to Execute 1-for-25 Reverse Stock Split, Shares Fall 25.6% on Nasdaq

Rubico Inc. (RUBI) will implement a 1-for-25 reverse stock split of its common shares, effective at the market opening on October 30, 2026, the global shipping company said Wednesday. The shares will begin trading on a split-adjusted basis on the Nasdaq Capital Market under the existing ticker symbol RUBI. On the Nasdaq, the stock was trading 25.64 percent lower at $0.1128.