Founder SPAC Announces Up to $150 Million Forward-Purchase Agreement in Connection with Proposed Business Combination
Founder SPAC - Units (FOUNU)
Company Research
Source: GlobeNewswire
POTOMAC, Md., Aug. 05, 2022 (GLOBE NEWSWIRE) -- Founder SPAC (Nasdaq: FOUN) (“Founder”), a publicly-traded special purpose acquisition company, in connection with its proposed business combination with Rubicon Technologies, LLC (“Rubicon”), announced today that it has entered into a forward purchase agreement for up to $150 million with ACM ARRT F LLC. Please refer to Founder’s current report on Form 8-K, filed today with the SEC, for additional information. About RubiconRubicon is a digital marketplace for waste and recycling, and provider of innovative software-based solutions for businesses and governments worldwide. Creating 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’s mission is to end waste. It helps its partners find economic value in their waste streams and confidently execute on their sustainabi
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