STOP THE WAR! Let’s support Ukraine Together

Founder SPAC (FOUN) to Combine with Rubicon Technologies in $2Bn Deal

Founder SPAC (FOUN) to Combine with Rubicon Technologies in $2Bn Deal

Founder SPAC (NASDAQ:FOUN) has entered into a definitive agreement to combine with digital waste pickup marketplace Rubicon at an enterprise value of $1.7 billion, or 9.4x its 2023E net revenue. Lexington, Kentucky-based Rubicon connects businesses and local governments to independent waste haulers through a cloud-based platform that gives them hard data on their recycling impacts.
Read More

To access this post, you must purchase a Monthly or Yearly SPACInsider Subscription, or log in if you're a member.