Rubico Inc. (RUBI) has approved a 1-for-30 reverse stock split of its common shares, effective December 2, 2025. The stock will still trade on Nasdaq as RUBI but with a new CUSIP number. This split will reduce outstanding shares from 61.4 million to about 2 million, aiming to boost share price and maintain Nasdaq compliance. Currently, RUBI is trading at $0.1494, a 30.90% decrease on Nasdaq.

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