Lexington, Kentucky, July 05, 2022 (World NEWSWIRE) — Rubicon Technologies, LLC (“Rubicon” or “the Company”), a main electronic market for squander and recycling and supplier of modern computer software-primarily based remedies for corporations and governments throughout the world, right now declared that the Company’s Chairman and CEO, Nate Morris, shipped the commencement speech to Kentucky’s Governor’s College for Business people (“GSE”) 2022 graduating course on Saturday, July 2, 2022.
The GSE is an anchor in Kentucky’s entrepreneurial landscape, regarded for establishing and enabling the business owners of tomorrow, and fostering a culture of innovation in the heartland. The university has turn out to be a nurturing floor for innovators, encouraging to make a pipeline of long term company leaders in the condition. Its doors opened to the initial group of youthful business people in 2013, and the faculty brings teenagers from across the state into a three-7 days residential software, immersing them in a resourceful room and furnishing them with the tools wanted to unleash their entrepreneurial push for the betterment of Kentucky.
“I think that the upcoming wave of innovation, and the following era of terrific entrepreneurs, will arrive out of the heartland of The united states,” said Nate Morris, Chairman and CEO of Rubicon. “The GSE and its graduates verify that the spirit of entrepreneurship is flourishing in Kentucky, that huge concepts can come from everywhere in our place, and that innovation is not minimal to the east and west coasts. It was an honor to talk to this year’s graduating course.”
In his remarks, Mr. Morris discussed his practical experience founding and creating Rubicon into a billion-greenback company, the entrepreneurial mindset, and his company perception in the vivid future of the upcoming era of innovators to occur out of Kentucky and the bordering areas.
Throughout the household plan, teams of substantial college students create a small business product, design and style a prototype, and pitch their startup plan to a big viewers and a panel of judges. GSE teaches its learners how to capitalize on the options and gains of getting a organization principle from the plan phase all the way to pitching it to opportunity traders, and how to stay away from the pitfalls that arrive with this process.
“We want our teens to stroll absent from their working experience at GSE with a passion for entrepreneurship that lasts a lifetime,” reported Natasha Sams, Executive Director at the Governor’s Faculty for Business owners. “Nate helps us plant the seeds that will bloom into upcoming companies and startups. His tale is highly effective and represents what is doable in Kentucky as an entrepreneur and as an innovator. GSE is cultivating the upcoming era of entrepreneurs, and we know Nate’s wisdom and tips will remain with our teens as they function to start their personal tips. We thank him for his continued support of our mission.”
GSE’s framework conjures up creativeness, management, and innovation by getting pupils out of their communities and immersing them in a multidimensional and non-classic understanding practical experience. Most of the GSE small business groups develop suggestions for mobile apps, program products, or actual physical solutions for a variety of distinctive industries. GSE fosters its students’ innate entrepreneurial passions for issue resolving, with technologies answers concentrated on Kentucky’s most promising industries at the coronary heart of the encounter.
Rubicon is a electronic marketplace for waste and recycling, and provider of ground breaking software program-dependent solutions for corporations and governments throughout the world. Producing a new business typical by utilizing engineering to drive environmental innovation, the Company will help change firms into more sustainable enterprises, and neighborhoods into greener and smarter places to dwell and perform. Rubicon’s mission is to stop squander. It allows its partners uncover economic benefit in their squander streams and confidently execute on their sustainability goals. Study extra at Rubicon.com.
Rubicon earlier introduced an settlement for a enterprise mix with Founder SPAC (“Founder”) (Nasdaq: FOUN), which is anticipated to final result in Rubicon becoming a public company listed on the New York Inventory Exchange (“NYSE”) below the new ticker symbol “RBT” early in the 3rd quarter of 2022, subject matter to customary closing circumstances.
About the Governor’s Faculty for Business people (GSE)
The Governor’s Faculty for Entrepreneurs (GSE) is a relative newcomer on the record of Kentucky’s Governor’s Universities, possessing opened to its initial team of students in 2013. Given that 2013, additional than 700 pupil business owners have acquired very important entrepreneurial techniques by means of the program to use as they enter the workplace or carry on into larger instruction.
GSE alumni have launched much more than 30 new organizations, filed several patents, and formulated new strategies and associations that sow the seeds for much more business enterprise formation. Dozens of alumni have picked to enroll in entrepreneurial courses at Kentucky universities and attribute this decision to the inspiration they acquired by attending GSE in superior school. GSE fosters and empowers the commonwealth’s foreseeable future business enterprise house owners and neighborhood leaders, offering these teenagers the guidance they need to go from high faculty pupils to organization house owners.
Apps for the 2023 Governor’s College for Entrepreneurs will open in November. Dad and mom, educators, business people and teens who believe grit, a progress mindset and creativity in difficulty resolving convey to as considerably about a young person as fantastic grades and test scores, can discover more about the GSE at www.KentuckyGSE.com.
About Founder SPAC
Founder SPAC is a blank check out organization whose company function is to outcome a merger, money inventory exchange, asset acquisition, stock acquire, reorganization, or related company mix with one or more firms. Whilst Founder is not restricted to a specific marketplace or geographic area, the enterprise focuses on corporations in just the know-how sector, with a particular target on the topic of Electronic Transformation. Founder is led by CEO Osman Ahmed, CFO Manpreet Singh, and Executive Chairman Hassan Ahmed. The company’s independent directors contain Jack Selby, Steve Papa, Allen Salmasi, and Rob Theis. Sponsor and advisor, Nikhil Kalghatgi, qualified prospects the company’s advisory board.
Critical Details About the Company Blend and Wherever to Locate It
Founder’s shareholders and other fascinated persons are recommended to study, meticulously and in their entirety, the preliminary proxy statement/consent solicitation assertion/prospectus involved in the registration assertion on Type S-4 (the “Registration Statement”) filed with the U.S. Securities and Trade Fee (the “SEC”) on February 1, 2022 (including any amendments or nutritional supplements thereto) and, when obtainable, the definitive proxy statement/consent solicitation statement/prospectus, as nicely as other documents filed with the SEC, as these products will consist of significant information and facts about Founder, Rubicon and the other events to the Merger Arrangement (as outlined in the Registration Assertion), and the Business Blend (as defined in the Registration Statement). Just after the Registration Statement is declared powerful, the definitive proxy assertion/consent solicitation statement/prospectus will be mailed to shareholders of Founder as of a record day to be set up for voting on the Business Mixture and other matters described in the Registration Assertion. Founder shareholders will also be capable to obtain copies of the proxy statement/consent solicitation assertion/prospectus and other documents submitted with the SEC that will be included by reference in the proxy statement/consent solicitation assertion/prospectus, with out cost, once readily available, at the SEC’s web web-site at sec.gov, or by directing a ask for to: Founder SPAC, 11752 Lake Potomac Generate, Potomac, MD, 20854, Attention: Chief Monetary Officer, (240) 418-2649.
Members in the Solicitation
Founder and its directors and government officers may perhaps be considered contributors in the solicitation of proxies from Founder’s shareholders with respect to the Business Combination. A list of the names of these directors and govt officers and a description of their pursuits in the Business enterprise Blend is contained in the Registration Assertion.
Rubicon and its administrators and executive officers may perhaps also be deemed members in the solicitation of proxies from the shareholders of Founder in link with the Company Combination. A list of the names of these types of administrators and executive officers and facts about their pursuits in the Business enterprise Combination is contained in the Registration Statement.
Forward-On the lookout Statements
This press release involves “forward-searching statements” within just the meaning of the “safe harbor” provisions of the Non-public Securities Litigation Reform Act of 1995. Founder’s and Rubicon’s precise outcomes may possibly vary from their expectations, estimates and projections and therefore, you must not depend on these forward-hunting statements as predictions of future activities. Terms this kind of as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believe,” “predict,” “potential,” “continue,” and identical expressions are supposed to discover these ahead-searching statements. These ahead-on the lookout statements consist of, without having limitation, Founder’s and Rubicon’s anticipations with respect to upcoming efficiency and anticipated financial impacts of the Business Mixture, the satisfaction of the closing problems to the Business Combination and the timing of the completion of the Company Mixture. These forward-searching statements involve sizeable dangers and uncertainties that could result in true effects to vary materially from anticipated benefits, including things that are outside the house of Founder’s and Rubicon’s handle and that are tricky to forecast. Aspects that may perhaps induce such variations involve, but are not minimal to: (1) the final result of any legal proceedings that may possibly be instituted from Founder and Rubicon pursuing the announcement of the Merger Agreement and the transactions contemplated therein (2) the lack of ability to complete the Business enterprise Blend, which include because of to failure to get the approval of the shareholders of Founder, approvals or other determinations from selected regulatory authorities, or other conditions to closing in the Merger Agreement (3) the occurrence of any occasion, transform or other circumstance that could give increase to the termination of the Merger Settlement or that could otherwise induce the transactions contemplated therein to fall short to close (4) the inability to obtain or preserve the listing of the mixed company’s shares on the New York Stock Trade subsequent the Company Combination (5) the hazard that the Company Blend disrupts current programs and operations as a result of the announcement and consummation of the Organization Combination (6) the means to figure out the predicted rewards of the Business enterprise Mixture, which could be impacted by, among the other factors, level of competition and the capability of the put together organization to grow and manage growth profitably and to keep its important personnel (7) costs relevant to the Business enterprise Mixture (8) changes in applicable guidelines or rules (9) the risk that Rubicon or the combined corporation may perhaps be adversely afflicted by other economic, business enterprise, and/or aggressive factors (10) the merged company’s capacity to elevate financing in the long term and to comply with restrictive covenants related to extended-phrase indebtedness (11) the impact of COVID-19 on Rubicon’s organization and/or the capacity of the events to total the Business Mix and (12) other dangers and uncertainties indicated from time to time in the Registration Assertion and other paperwork submitted, or to be filed, by Founder with the SEC.
Founder cautions that the foregoing listing of variables is not exceptional. While Founder thinks the expectations mirrored in these ahead-searching statements are realistic, very little in this push launch ought to be regarded as a illustration by any particular person that the forward-seeking statements or projections established forth herein will be realized or that any of the contemplated benefits of these ahead-looking statements or projections will be attained. There may be added pitfalls that Founder and Rubicon presently do not know of or that they currently feel are immaterial that could also trigger real final results to differ from these contained in the ahead-wanting statements. Founder cautions visitors not to area undue reliance upon any forward-on the lookout statements, which communicate only as of the day produced. Neither Founder nor Rubicon undertakes any responsibility to update these forward-searching statements, other than as usually essential by law.
No Supply or Solicitation
This press launch shall not represent a solicitation of a proxy, consent, or authorization with respect to any securities or in regard of the Company Mixture. This press release shall also not constitute an offer to promote or the solicitation of an supply to buy any securities, nor shall there be any sale of securities in any state or jurisdiction in which this kind of supply, solicitation or sale would be unlawful prior to registration or qualification less than the securities laws of this sort of condition or jurisdiction. No presenting of securities shall be manufactured besides by signifies of a prospectus meeting the prerequisites of Segment 10 of the Securities Act.
Media Speak to – Rubicon Dan Sampson Main Marketing and advertising & Corporate Communications Officer [email protected] [email protected] Trader Relations Get hold of – Rubicon Sioban Hickie, ICR, Inc. [email protected] Founder SPAC Contact Cody Slach Gateway Team (949) 574-3860 [email protected]