Longtime Offshore-Energy Investor Robotti & Company Calls on McDermott Board to Let All Shareholders Participate Equally in Rights Offering

Urges McDermott to Amend Offering Terms to Include an Oversubscription Privilege Expresses View That Offering Price Massively Undervalues the Recovered and Growing Business Criticizes Structure of Offering for Concentrating Ownership Among Privileged Insiders While Diluting Others NEW YORK, July 09, 2026 (GLOBE NEWSWIRE) — Robotti & Company Advisors, LLC and its affiliates (“Robotti”), a shareholder […]