Rubicon Prices IPO

Rubicon Technology Inc., a Franklin Park, Ill.-based maker of monocrystalline sapphire and other crystalline products, raised $93.8 million in its IPO. The company sold 6.7 million

common shares being at $14 per share ($12-$14 range), for an initial market cap of $269 million. 

 

Rubicon will trade on the Nasdaq under ticker symbol RBCN, while UBS served as lead underwriter. It had raised nearly $44 million in VC funding since 2001, from firms like Cross Atlantic Capital Partners, Gazelle TechVentures, KB Partners and River Cities Capital Funds. www.rubitech.net