Welcome to our dedicated page for Hub Cyber Security Israel news (Ticker: HUBC), a resource for investors and traders seeking the latest updates and insights on Hub Cyber Security Israel stock.
Hub Cyber Security Ltd. (Nasdaq: HUBC) is active in confidential computing, secured data fabric, and cybersecurity for regulated and institutional environments. The HUBC news page on Stock Titan aggregates company announcements, sponsored coverage, and regulatory updates so readers can follow how HUB’s technology, contracts, governance, and capital structure evolve over time.
Recent news highlights include the company’s decision to implement a 1-for-15 reverse share split of its ordinary shares, intended to support compliance with Nasdaq’s minimum bid price requirement. HUB has also reported governance and board updates, including the appointment of directors with backgrounds in banking, payments, national security, and capital markets, as well as the appointment of a new Chief Financial Officer to lead its global finance organization.
Operationally, HUB’s news flow features government and institutional contracts, such as a disclosed engagement with the Israeli Ministry of Interior executed through its Professional Services division, and an expanded relationship with a major European financial institution for application security testing and code review. The company has also communicated a multi-year deal with a major aerospace and defense manufacturer for a perpetual software license and support, and outlined its strategic mission to build trust infrastructure for identity, secure data, and regulated AI.
In addition, HUB publishes updates on financing arrangements, warrant term changes, insider share purchase plans, and the resolution of legacy litigation. By monitoring HUBC news, investors and observers can track developments in confidential computing products, secured data fabric deployments, regulated AI initiatives, institutional contracts, and capital markets actions. Bookmark this page to review the latest HUBC press releases, sponsored analyses, and SEC-linked disclosures in one place.
HUB Cyber Security Ltd (NASDAQ: HUBC) has announced the appointment of John C. Rogers to its Advisory Board, effective immediately. Rogers brings over 25 years of experience in the government and defense sectors, including roles at the U.S. Department of Defense. His expertise will support HUB as it navigates growth in the confidential computing cybersecurity space, addressing rising security challenges amid digital transformation.
Rogers expressed enthusiasm about contributing to HUB's innovative technology solutions, while CEO Uzi Moskowitz emphasized the strategic value Rogers adds to the company’s expansion efforts.
On March 15, 2023, HUB Cyber Security Ltd (NASDAQ: HUBC) announced that A-Labs Advisory & Finance Ltd. reaffirmed its commitment to a $20 million equity PIPE investment at $10 per share. This investment, which is at a premium to the current market price, has seen A-Labs fulfill over 10% of its commitment, approximately $2.2 million. Both companies believe this funding will bolster HUB's growth potential in the cybersecurity sector. HUB specializes in advanced cybersecurity solutions and operates in over 30 countries, having received more than $80 million in institutional and private funding from A-Labs to date.
On March 14, 2023, HUB Cyber Security Ltd (NASDAQ: HUBC) announced the sale of approximately 400,000 shares to two original PIPE investors at $10 per share, yielding around $4 million. This transaction adheres to the original PIPE terms related to the Company's business combination. HUB is engaged in negotiations with additional investors for remaining PIPE funds to support its growth initiatives. Specializing in Confidential Computing cybersecurity solutions, HUB aims to protect sensitive information and operates across more than 30 countries.
HUB Cyber Security Ltd announced its shares will commence trading on the Nasdaq Global Market under the ticker “HUBC” starting March 1, 2023, following a successful business combination with Mount Rainier Acquisition Corp. The combined company, focusing on Confidential Computing cybersecurity solutions, anticipates that access to larger capital markets will facilitate its growth plans in technology development and customer adoption. This move comes after HUB's delisting from the Tel Aviv Stock Exchange, aiming to enhance value for public shareholders. The company, established in 2017, operates globally and provides innovative cybersecurity services.
HUB Cyber Security announced a definitive business combination agreement with Mount Rainier Acquisition Corp. (RNER), valued at approximately