Item 2.01 Completion of Acquisition or Disposition of Assets

On September 19, 2022, Rubicon Technology, Inc. (the "Company") completed the previously announced sale of its real property commonly known as Fox Valley Business Park, Lot 101, Batavia, Illinois 60510, (the "Property") to Capitol Trucking Inc., a Texas corporation ("Purchaser") pursuant to the terms and conditions of the Agreement of Sale (the "Agreement"), dated as of February 7, 2022.

The selling price for the Property was Seven Hundred Twenty-Two Thousand dollars ($722,000). The Company realized net proceeds of approximately Six Hundred Thousand dollars ($600,000) after the payment of real estate taxes, brokerage and legal fees, transfer taxes and other expenses.

The Agreement is incorporated herein by reference. It was Exhibit 10.1 to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on February 9, 2022.

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