Rubico announces up to $15 million senior convertible debt offering
Rubico plans up to $15 million in senior convertible notes, including a conditional $5.56 million second tranche. The initial $9.44 million tranche is expected to close October 19, 2026, generating $8.5 million in gross proceeds. A 10% original issue discount applies; the second tranche would raise $5 million, bringing