Rubicon Inc. announces it has begun trading on the NYSE

Rubicon Technologies Inc., Lexington, Kentucky, a leading digital marketplace for waste and recycling and a provider of software-based products for businesses and governments worldwide, has announced it has begun trading Class A common stock and public warrants on the New York Stock Exchange under the ticker symbols “RBT” and “RBT WS," effective Aug. 16, following the completion of a merger with Founder SPAC.

“I am thrilled to start the next chapter of Rubicon’s story as a publicly traded company,” Rubicon Chairman and CEO Nate Morris says. “I would like to thank all of our employees, customers, hauler partners and investors for their tireless support in achieving this milestone. I started Rubicon with a $10,000 line of credit and maxed out credit cards, and today we are listed on the New York Stock Exchange. I am also incredibly proud to say that Rubicon will be only the ninth Kentucky company to list on the NYSE in its 230-year history. We will also be the first company to fly the Kentucky state flag from the iconic NYSE façade during our upcoming public listing celebration.”

Established in 2009, Rubicon says it is working to create a new industry standard by using technology to drive environmental innovation. The company helps turn businesses into more sustainable enterprises and neighborhoods into greener and smarter places to live and work. Rubicon helps its partners find economic value in their waste streams and confidently execute on their sustainability goals.

As of the afternoon of Aug. 17, the stock price per share was $4.91, according to Rubicon. The stock opened with initial price of $7.55 per share Aug. 16 and dropped to $6 per share with trading volume of 437,718.