공시 • Dec 19
Janel Corporation, Annual General Meeting, Feb 04, 2026 Janel Corporation, Annual General Meeting, Feb 04, 2026. Location: 2600 tiburon drive, naples, florida 34109, florida United States 공시 • Oct 15
Rubicon Technology, Inc. (OTCPK:RBCN) acquired Janel Group, Inc. from Janel Corporation (OTCPK:JANL). Rubicon Technology, Inc. (OTCPK:RBCN) entered into a definitive agreement to acquire Janel Group, Inc. from Janel Corporation (OTCPK:JANL) on August 20, 2025. Janel Group will receive 7,000,000 shares of Rubicon common stock, at a value of $4.75 per share for consideration. Rubicon will assume approximately $23 million of Janel Group indebtedness and net working capital liabilities and gain access to a total of $35 million in borrowing capacity as part of a revolving credit facility under Janel Corp’s existing credit line.
Janel Group had revenues of approximately $181.3 million and operating income of approximately $8.7 million for the 12-month period ended June 30, 2025.
The transaction, which was approved by the Rubicon board, including its independent directors, is subject to approval by the majority of Rubicon’s disinterested stockholders.
Rubicon Technology, Inc. (OTCPK:RBCN) completed the acquisition of Janel Group, Inc. from Janel Corporation (OTCPK:JANL) on October 14, 2025. The transaction, which was approved by the Rubicon board, including its independent directors, was approved by a majority of Rubicon’s disinterested stockholders at Rubicon’s annual stockholder meeting on October 10, 2025. 공시 • Aug 21
Rubicon Technology, Inc. (OTCPK:RBCN) entered into a definitive agreement acquire Janel Group, Inc. from Janel Corporation (OTCPK:JANL). Rubicon Technology, Inc. (OTCPK:RBCN) entered into a definitive agreement acquire Janel Group, Inc. from Janel Corporation (OTCPK:JANL) on August 20, 2025. Janel Group will receive 7,000,000 shares of Rubicon common stock, at a value of $4.75 per share for consideration. Rubicon will assume approximately $23 million of Janel Group indebtedness and net working capital liabilities and gain access to a total of $35 million in borrowing capacity as part of a revolving credit facility under Janel Corp’s existing credit line.
Janel Group had revenues of approximately $181.3 million and operating income of approximately $8.7 million for the 12-month period ended June 30, 2025.
The transaction, which was approved by the Rubicon board, including its independent directors, is subject to approval by the majority of Rubicon’s disinterested stockholders. 공시 • Aug 12
Janel Corporation announced that it has received $3.99996 million in funding Janel Corporation announced a private placement to issue 88,888 common shares at a price of $45 per share for gross proceeds of $3,999,960 on August 10, 2022. The company will issue the securities pursuant to exemption provided under Regulation D. 공시 • Jul 06
Janel Corporation (OTCPK:JANL) entered into a definitive stock purchase and sale agreement to acquire 45% stake in Rubicon Technology, Inc. (NasdaqCM:RBCN) from Bandera Master Fund L.P, a fund managed by Bandera Partners LLC, Sententia Capital Management, LLC, Poplar Point Capital Management LLC, Aldebaran Capital, LLC and others for $22 million. Janel Corporation (OTCPK:JANL) entered into a definitive stock purchase and sale agreement to acquire 45% stake in Rubicon Technology, Inc. (NasdaqCM:RBCN) from Bandera Master Fund L.P, a fund managed by Bandera Partners LLC, Sententia Capital Management, LLC, Poplar Point Capital Management LLC, Aldebaran Capital, LLC and others for $22 million on July 1, 2022. Pursuant to agreement, Janel will commence a cash tender offer to purchase up to 45% of the outstanding shares of Rubicon’s common stock on a fully-diluted basis at a price of $20 per share. Upon completion of the tender offer, Rubicon will distribute cash in the amount of $11 per share (the “Distribution”) to the Rubicon’s stockholders. Janel intends to pay for the shares in the Offer, and for other fees and expenses required to be paid in connection with the Offer, from cash on hand and borrowings. Janel would increase the maximum amount can borrow under the Loan Agreement’s revolving credit facility from $31.5 million to $35 million and provide for a new bridge term loan to the Company in the principal amount of $12 million (the “Bridge Facility”). Bandera Partners LLC, Sententia Capital Management LLC, Poplar Point Capital Management LLC and Aldebaran Capital, LLC, the Company’s four largest stockholders, have entered into agreements with Janel respectively committing to tender all of their Rubicon common stock on the same terms as all of Rubicon’s other stockholders. Upon closing of the tender offer, two of Rubicon’s current directors will resign and Janel will have the right to select two individuals to fill the vacancies created by the resignations. The transaction is subject to the receipt of at least 35% of the outstanding shares of Rubicon’s common stock on a fully-diluted basis, minimum cash and cash equivalents, Director resignations, Director appointments, employment agreement amendment, all conditions to payment of the Capital Return shall have been met and other customary conditions. The tender offer is not subject to a financing contingency. The transactions have been unanimously approved by the board of directors of both companies. Jeffrey Rothschild of McGuireWoods LLP acted as legal advisor to Janel Corporation. Eric M. Kogan of Robinson & Cole LLP acted as legal advisor to Rubicon Technology, Inc. 공시 • Jan 01
Janel Corporation announced delayed annual 10-K filing On 12/30/2020, Janel Corporation announced that they will be unable to file their next 10-K by the deadline required by the SEC. 공시 • Oct 03
Janel Corporation announced that it has received $0.325 million in funding from Oaxaca Group LLC Janel World Trade Ltd. (OTCPK:JLWT) announced that it has entered into subscription agreement of 650 shares of series C cumulative preferred stock at a price of $500 per share for gross proceeds of $325,000 on September 29, 2020. The round included participation from existing investor Oaxaca Group LLC. The company will issue the securities pursuant to exemption provided under Regulation D.