Founder SPAC - Units (1 Ord Share Class A & 1/2 War)

:FOUNU  
10.28
0.00 (-0.05%)
Debt Financing / Related, Exchange Changes, Mergers / Acquisitions

Rubicon Technologies To Go Public Through Merger With Founder SPAC

Published: 12/16/2021 12:24 GMT
Founder SPAC - Units (1 Ord Share Class A & 1/2 War) (FOUNU) - Rubicon Technologies, the Market-leading Innovator in Software-based Smart Waste and Recycling Solutions, to Go Public Through Merger With Founder Spac.
Founder Spac - Deal Implies a Combined Pro Forma Enterprise Value of Approximately $1.7 Billion and Pro Forma Equity Value of Approximately $2.0 Billion.
Founder Spac - $111 Million Fully Committed Common Equity Pipe Including Investments From Palantir Technologies, New Zealand Super Fund, Rodina Capital.
Founder Spac - Transaction Will Result in Gross Proceeds of Approximately $432 Million to Rubicon.
Founder Spac - Combined Company Will Be Named Rubicon Technologies and Be Listed on New York Stock Exchange Under New Ticker Symbol "rbt".
Founder Spac - Co Will Continue to Be Based in Lexington, Kentucky, and Led by Nate Morris, Founder and Chief Executive Officer of Rubicon.