0001862068 false 0001862068 2023-10-16 2023-10-16 0001862068 rbt:ClassCommonStockParValue0.0001PerShareMember 2023-10-16 2023-10-16 0001862068 rbt:WarrantsEachExercisableForOneShareOfClassCommonStockAtExercisePriceOf11.50PerShareMember 2023-10-16 2023-10-16 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): October 16, 2023

 

Rubicon Technologies, Inc.

(Exact name of registrant as specified in its charter)

 

Delaware   001-40910   88-3703651
(State or other jurisdiction
of incorporation)		   (Commission
File Number)		   (IRS Employer
Identification No.)

 

335 Madison Avenue, 4th Floor

New York, NY

   10017
(Address of principal executive offices)   (Zip Code)

 

(844) 479-1507

(Registrant’s telephone number, including area code)

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Class A common stock, par value $0.0001 per share   RBT   New York Stock Exchange
Warrants, each exercisable for one share of Class A common stock at an exercise price of $92.00 per share   RBT WS   New York Stock Exchange

 

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. ☐

 

 

 

 

 

Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

 

On October 16, 2023, the New York Stock Exchange (the “NYSE”) notified Rubicon Technologies, Inc. (the “Company”), and publicly announced, that the NYSE has determined to (a) commence proceedings to delist the Company’s warrants, each warrant exercisable for one share of the Company’s Class A common stock, par value $0.0001 per share (the “Common Stock”), at an exercise price of $92.00 per share, and listed to trade on the NYSE under the symbol “RBT WS” (the “Warrants”) and (b) immediately suspend trading in the Warrants due to “abnormally low” trading price levels pursuant to Section 802.01D of the NYSE Listed Company Manual. The Company does not intend to appeal the NYSE’s determination.

 

Trading in the Company’s Common Stock will be unaffected and will continue on the NYSE under the symbol “RBT”.

 

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 Technologies, Inc.
   
  By: /s/ Philip Rodoni
    Name: Philip Rodoni
    Title: Chief Executive Officer

 

Date: October 16, 2023

 

2

 

v3.23.3
Cover
Oct. 16, 2023
Document Type 8-K
Amendment Flag false
Document Period End Date Oct. 16, 2023
Entity File Number 001-40910
Entity Registrant Name Rubicon Technologies, Inc.
Entity Central Index Key 0001862068
Entity Tax Identification Number 88-3703651
Entity Incorporation, State or Country Code DE
Entity Address, Address Line One 335 Madison Avenue
Entity Address, Address Line Two 4th Floor
Entity Address, City or Town New York
Entity Address, State or Province NY
Entity Address, Postal Zip Code 10017
City Area Code (844)
Local Phone Number 479-1507
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company true
Elected Not To Use the Extended Transition Period false
Class A common stock, par value $0.0001 per share  
Title of 12(b) Security Class A common stock, par value $0.0001 per share
Trading Symbol RBT
Security Exchange Name NYSE
Warrants, each exercisable for one share of Class A common stock at an exercise price of $11.50 per share  
Title of 12(b) Security Warrants, each exercisable for one share of Class A common stock at an exercise price of $92.00 per share
Trading Symbol RBT WS
Security Exchange Name NYSE
Rubicon Technologies (NYSE:RBT)
Historical Stock Chart
From Dec 2024 to Jan 2025 Click Here for more Rubicon Technologies Charts.
Rubicon Technologies (NYSE:RBT)
Historical Stock Chart
From Jan 2024 to Jan 2025 Click Here for more Rubicon Technologies Charts.