Rubicon Technology, Inc. set to purchase Janel Group LLC

Written by Emily J. Thompson, Senior Investment Analyst

Source: Newsfilter

Updated: Aug 20 2025

0mins

Source: Newsfilter

Merger Announcement: Rubicon Technology, Inc. has entered into a definitive merger agreement to acquire Janel Group LLC, making it a wholly owned subsidiary of Rubicon.
Financial Details: Janel Group reported revenues of approximately $181.3 million and operating income of about $8.7 million for the year ending June 30, 2025; Rubicon will issue 7 million shares valued at $4.75 each in exchange for Janel Group's equity.
Shareholder Impact: Following the acquisition, Janel Corp will increase its ownership stake in Rubicon from 46.6% to approximately 86.5%, with plans for a tender offer for additional shares post-approval.
Operational Continuity: The management team of Janel Group will remain intact after the acquisition, and Rubicon's stock will continue trading on the OTC market.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Rubicon Technology, Inc. set to purchase Janel Group LLC

About the author

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