UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading symbol | Name of each exchange on which registered | ||
The Stock Market LLC | ||||
Item 2.01 Completion of Acquisition or Disposition of Assets
On September 19, 2022, Rubicon Technology, Inc. (the “Company”) completed the previously announced sale of its real property commonly known as Fox Valley Business Park, Lot 101, Batavia, Illinois 60510, (the “Property”) to Capitol Trucking Inc., a Texas corporation (“Purchaser”) pursuant to the terms and conditions of the Agreement of Sale (the “Agreement”), dated as of February 7, 2022.
The selling price for the Property was Seven Hundred Twenty-Two dollars ($722,000). The Company realized net proceeds of approximately $600,000 million after the payment of real estate taxes, brokerage and legal fees, transfer taxes and other expenses.
The Agreement is incorporated herein by reference. It was Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on February 9, 2022.
1
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
RUBICON TECHNOLOGY, INC. | ||
Dated: September 19, 2022 | By: | /s/ Timothy E. Brog |
Name: | Timothy E. Brog | |
Title: | Chief Executive Officer |
2
Cover |
Sep. 19, 2022 |
---|---|
Document Type | 8-K |
Amendment Flag | false |
Document Period End Date | Sep. 19, 2022 |
Entity File Number | 001-33834 |
Entity Registrant Name | RUBICON TECHNOLOGY, INC. |
Entity Central Index Key | 0001410172 |
Entity Tax Identification Number | 36-4419301 |
Entity Incorporation, State or Country Code | DE |
Entity Address, Address Line One | 900 East Green Street |
Entity Address, City or Town | Bensenville |
Entity Address, State or Province | IL |
Entity Address, Postal Zip Code | 60106 |
City Area Code | 847 |
Local Phone Number | 295-7000 |
Written Communications | false |
Soliciting Material | false |
Pre-commencement Tender Offer | false |
Pre-commencement Issuer Tender Offer | false |
Entity Emerging Growth Company | false |
Common Stock, par value $.001 per share | |
Title of 12(b) Security | Common Stock, par value $.001 per share |
Trading Symbol | RBCN |
Security Exchange Name | NASDAQ |
Preferred Share Purchase Right | |
Title of 12(b) Security | Preferred Share Purchase Right |
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