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Rubicon Technology Closes $90 Million Offering

July 15, 2010

On June 21, 2010, Rubicon Technology, Inc. closed a $90 million offering consisting of $65 million in primary shares and $25 million in secondary shares. The offering was underwritten by UBS Investment Bank and Canaccord Genuity. The proceeds from the primary offering are being used to expand Rubicon's crystal growth and post crystal growth manufacturing facilities. McGuireWoods served as special counsel on the primary deal, and as counsel to the selling stockholders in the secondary offering.

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