Rubicon to Offer 1.8 M Shares of Common Stock
Rubicon Technology will offer 1,800,000 shares of its common stock pursuant to an underwritten public offering. The Company intends to grant the underwriters a 30-day option to purchase up to an additional 270,000 shares of common stock from the Company to cover over-allotments, if any.
The Company expects to use the net proceeds from the offering to expand its crystal growth and post crystal growth manufacturing facilities and for working capital and other general corporate purposes.
UBS Securities LLC is acting as sole book-running manager for the offering and Canaccord Genuity Inc. is acting as a co-lead manager for the offering.
This offering will be made pursuant to the Company's effective registration statement, including a prospectus and a related preliminary prospectus supplement, filed with the Securities and Exchange Commission (the "SEC"). Before investing, investors should read the prospectus in the registration statement, the related preliminary prospectus supplement and other documents the Company has filed with the SEC for more complete information about the Company and the offering.
This offering will be made solely by means of a prospectus and prospectus supplement filed with the SEC. Free copies of the prospectus and prospectus supplement may be obtained by visiting EDGAR on the SEC web site at www.sec.gov or by contacting UBS Securities LLC, Attn: Prospectus Department, 299 Park Avenue, New York, New York 10171, or by calling 1-888-827-7275.
