Rubicon Technology, Inc. completes acquisition of Janel Group LLC

BENSENVILLE, Ill. and NEW YORK, Oct. 14, 2025 /PRNewswire/ -- 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"). Following the closing, Janel Group has become a wholly owned subsidiary of Rubicon and Janel Corp has received shares of Rubicon common stock in accordance with the terms of the definitive merger agreement entered into as of August 20, 2025.

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