Janel Corporation held a meeting on August 22, 2025. During the meeting, shareholders approved an amendment to the company's Articles of Incorporation to restrict certain transfers of common stock to preserve tax benefits. Additionally, Janel Corporation entered into a Contribution Agreement with Rubicon Technology, Inc. to transfer all membership interests in Janel Group LLC in exchange for newly issued shares of Rubicon's common stock and the assumption of Janel Group's indebtedness and liabilities.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Janel Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-25-032381), on August 22, 2025, and is solely responsible for the information contained therein.
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