The company's common stock is listed on the NASDAQ Global Market under the trading symbol "RBCN."
Rubicon announced its planned IPO back in September 2007 (see Rubicon files for $100m IPO).
The company announced a price of $14 per share for its initial public offering of 6.7 million shares of common stock. Of those shares, Rubicon Technology sold 5.5 million shares and a group of stockholders sold 1.2 million shares.
Shares peaked at $19.39 on Friday, and closed at $18.35 on Monday November 19.
The IPO raised $93.8 million for Rubicon. After deducting underwriting costs and other expenses, the company expects proceeds of about $80.3 million. After repaying a loan and security agreement with Hercules Technology Growth Capital Inc., which was about $6.1 million, Rubicon plans to use remaining proceeds for working capital, capital expenditures and other general corporate purposes.