Rubicon Technology Inc. Shareholders to Vote on Key Proxy Proposal at Upcoming Meeting

Reuters08-21

Rubicon Technology Inc. Shareholders to Vote on Key Proxy Proposal at Upcoming Meeting

Rubicon Technology Inc. has announced a shareholder meeting to vote on a proxy proposal related to a significant transaction with Janel Corp. The proposal involves Janel Corp exchanging all issued and outstanding equity of Janel Group for 7,000,000 shares of Rubicon common stock. This transaction, approved by Rubicon's board, including independent directors, would also see Rubicon assuming Janel Group's indebtedness and gaining access to a $35 million credit facility. Approval by the majority of Rubicon's disinterested stockholders is required for the transaction to proceed.

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. Rubicon Technology Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9515842-en) on August 20, 2025, and is solely responsible for the information contained therein.

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Shareholders to Vote on Key Proxy Proposal at Upcoming Meeting\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Rubicon Technology Inc. has announced a shareholder meeting to vote on a proxy proposal related to a significant transaction with <a href=\"https://laohu8.com/S/JANL\">Janel Corp.</a> The proposal involves Janel Corp exchanging all issued and outstanding equity of Janel Group for 7,000,000 shares of Rubicon common stock. This transaction, approved by Rubicon's board, including independent directors, would also see Rubicon assuming Janel Group's indebtedness and gaining access to a $35 million credit facility. 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Shareholders to Vote on Key Proxy Proposal at Upcoming Meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-08-21 06:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Rubicon Technology Inc. Shareholders to Vote on Key Proxy Proposal at Upcoming Meeting\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Rubicon Technology Inc. has announced a shareholder meeting to vote on a proxy proposal related to a significant transaction with <a href=\"https://laohu8.com/S/JANL\">Janel Corp.</a> The proposal involves Janel Corp exchanging all issued and outstanding equity of Janel Group for 7,000,000 shares of Rubicon common stock. This transaction, approved by Rubicon's board, including independent directors, would also see Rubicon assuming Janel Group's indebtedness and gaining access to a $35 million credit facility. 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Shareholders to Vote on Key Proxy Proposal at Upcoming Meeting\n    \n\n        Rubicon Technology Inc. has announced a shareholder meeting to vote on a proxy proposal related to a significant transaction with Janel Corp. The proposal involves Janel Corp exchanging all issued and outstanding equity of Janel Group for 7,000,000 shares of Rubicon common stock. This transaction, approved by Rubicon's board, including independent directors, would also see Rubicon assuming Janel Group's indebtedness and gaining access to a $35 million credit facility. Approval by the majority of Rubicon's disinterested stockholders is required for the transaction to proceed.\n      \n\nDisclaimer: 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. 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