ClosedPublished 14 Oct 2025

Rubicon Technology, Inc. /
Janel Group LLC

Rubicon Technology completes Janel Group acquisition

Buy side: Rubicon Technology, Inc.
Buy sideRubicon Technology, Inc.
Target: Janel Group LLC
TargetJanel Group LLC
Janel Corporation · 14 Oct 2025Source
Buy side: Rubicon Technology, Inc.
Buy sideRubicon Technology, Inc.
Target: Janel Group LLC
TargetJanel Group LLC
01 / BuyerRubicon Technology, Inc.
02 / TargetJanel Group LLC
Source for the buyer and target: Janel Corporation

For the buyer and target.

“Bensenville, IL and New York, NY, October 14, 2025 / GLOBE NEWSWIRE / - Rubicon Technology, Inc. (OTCQB:RBCN) (“Rubicon”) and Janel Corporation (OTCQX:JANL) (“Janel Corp”) today announced that they have completed the previously announced transaction, pursuant to which Rubicon has acquired Janel Group LLC (“Janel Group”).”

Published 14 Oct 2025

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01

What happened

Rubicon Technology, Inc. completed its acquisition of Janel Group LLC, which became a wholly owned subsidiary. Janel Corporation received 7,000,000 shares of Rubicon common stock, valued at $4.75 per share, and Rubicon assumed approximately $23 million of Janel Group’s indebtedness and net working capital liabilities. [01]

Janel Group provides cargo transportation logistics management services. [01]

02

The source

Everything on this page comes from the source below, quoted word for word.

01
Source · Janel Corporation

Rubicon Technology completes Janel Group acquisition

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03

Timeline

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  1. Published by Janel Corporation

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