Rubico Announces Termination of $30 Million Equity Line of Credit
Rubico Inc. has terminated its common stock purchase agreement with B. Riley Principal Capital II, LLC, effectively ending the $30 million equity line of credit established in July 2025. Prior to the termination, the company had sold approximately $27.1 million of its common shares under the facility, utilizing the majority of the available capital.
Key figures
- E LOC authorized usd
- 30000000
- E LOC amount sold usd
- 27100000
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