Rubico (RUBI) will effect a 1 for 25 reverse stock split of its issued common shares, par value $0.01, at the opening of trading on October 30, 2026. – As of October 28, 2026, the company had 13.52M outstanding common shares, which will be reduced to ~540,694 common shares, to…
adjusted for cancellation of any fractional shares. – With the reverse stock split, Rubico intends to increase the market price of its common stock and allow it to maintain compliance with Nasdaq’s continued listing requirements