Rubico Inc. Announces Reverse Stock Split

Rubico Inc. announced a 1-for-25 reverse stock split effective at the open on October 30, 2026, reducing outstanding shares from 13,517,355 to approximately 540,694. The stated purpose is to raise the market price of the stock and maintain compliance with Nasdaq's continued listing requirements — an explicit admission of listing-compliance risk. No fractional shares will be issued; holders receive cash in lieu based on the October 29 closing price.

AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.