Rubicon Technologies, Inc. Begins Trading on the New York Stock Exchange
August 16 2022 - 7:45AM
Business Wire
Rubicon Class A common stock and public warrants to begin
trading on the NYSE today under ticker symbols “RBT” and “RBT WS”
following the completion of Rubicon’s business combination with
Founder SPAC
Rubicon Technologies, Inc. (“Rubicon”), a leading digital
marketplace for waste and recycling and provider of innovative
software-based products for businesses and governments worldwide,
will begin trading on the New York Stock Exchange (“NYSE”) today,
August 16, 2022, following the completion of Rubicon’s business
combination with Founder SPAC (“Founder”).
“I am thrilled to start the next chapter of Rubicon’s story as a
publicly traded company. I would like to thank all of our
employees, customers, hauler partners, and investors for their
tireless support in achieving this milestone,” said Nate Morris,
Chairman and Chief Executive Officer of Rubicon. “I started Rubicon
with a $10,000 line of credit and maxed out credit cards, and today
we are listed on the New York Stock Exchange. I am also incredibly
proud to say that Rubicon will be only the ninth Kentucky company
to list on the NYSE in its 230-year history. We will also be the
first company to fly the Kentucky state flag from the iconic NYSE
façade during our upcoming public listing celebration.”
About Rubicon
Rubicon Technologies, Inc. (NYSE: RBT) is a digital marketplace
for waste and recycling, and provider of innovative software-based
products for businesses and governments worldwide. Creating a new
industry standard by using technology to drive environmental
innovation, the company helps turn businesses into more sustainable
enterprises, and neighborhoods into greener and smarter places to
live and work. Rubicon’s mission is to end waste. It helps its
partners find economic value in their waste streams and confidently
execute on their sustainability goals. To learn more, visit
www.Rubicon.com.
Forward-Looking Statements
This press release includes “forward-looking statements” within
the meaning of the “safe harbor” provisions of the United States
Private Securities Litigation Reform Act of 1995 and within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended.
All statements, other than statements of present or historical fact
included in this press release, are forward-looking statements.
When used in this press release, the words “could,” “should,”
“will,” “may,” “believe,” “anticipate,” “intend,” “estimate,”
“expect,” “project,” the negative of such terms and other similar
expressions are intended to identify forward-looking statements,
although not all forward-looking statements contain such
identifying words. Such forward-looking statements are subject to
risks, uncertainties, and other factors which could cause actual
results to differ materially from those expressed or implied by
such forward-looking statements. These forward-looking statements
are based upon estimates and assumptions that, while considered
reasonable by Rubicon and its management, are inherently uncertain;
factors that may cause actual results to differ materially from
current expectations include, but are not limited to: 1) the
outcome of any legal proceedings that may be instituted against
Rubicon or others following the closing of the business
combination; 2) the ability to meet the NYSE’s listing standards
following the consummation of the business combination; 3) the risk
that the business combination disrupts current plans and operations
of Rubicon as a result of consummation of the business combination;
4) the ability to recognize the anticipated benefits of the
business combination, which may be affected by, among other things,
the ability of the combined company to grow and manage growth
profitably, maintain relationships with customers and suppliers and
retain its management and key employees; 5) costs related to the
business combination; 6) changes in applicable laws or regulations;
7) the possibility that Rubicon may be adversely affected by other
economic, business and/or competitive factors; and 8) other risks
and uncertainties set forth in the sections entitled “Risk Factors”
and “Cautionary Note Regarding Forward-Looking Statements” in
Founder’s Registration Statement on Form S-4 filed with the U.S.
Securities and Exchange Commission (“SEC”), and other documents of
Founder filed, or of Rubicon, to be filed, with the SEC. Although
Rubicon believes the expectations reflected in the forward-looking
statements are reasonable, nothing in this press release should be
regarded as a representation by any person that the forward-looking
statements set forth herein will be achieved or that any of the
contemplated results of such forward looking statements will be
achieved. There may be additional risks that Rubicon presently does
not know of or that Rubicon currently believes are immaterial that
could also cause actual results to differ from those contained in
the forward-looking statements. You should not place undue reliance
on forward-looking statements, which speak only as of the date they
are made. Rubicon does not undertake, and expressly disclaims, any
duty to update these forward-looking statements, except as
otherwise required by applicable law.
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version on businesswire.com: https://www.businesswire.com/news/home/20220816005398/en/
Investor Contact: Sioban Hickie, ICR, Inc.
RubiconIR@icrinc.com
Media Contact: Dan Sampson Chief Marketing &
Corporate Communications Officer dan.sampson@rubicon.com
RubiconPR@icrinc.com
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