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[6-K] Hub Cyber Security Ltd. Current Report (Foreign Issuer)

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
6-K
Rhea-AI Filing Summary

HUB Cyber Security extended the expiration of its 2022 warrants to purchase 68,837 ordinary shares, exercisable at 744.12 NIS (approximately $216.75) from their prior expiry on August 22, 2025 to 5 p.m. Eastern Time on August 22, 2027. The board approved the extension on August 11, 2025 to allow additional time for exercise and to potentially generate future cash proceeds. Holders need not take any action to effect the modification and all other warrant terms remain in full force, including adjustments for reverse share splits or other adjustment events. The 2022 warrants trade on Nasdaq as HUBCZ, and none are held by officers, directors or affiliates.

HUB Cyber Security ha prorogato la scadenza dei suoi warrant 2022 per l'acquisto di 68.837 azioni ordinarie, esercitabili a 744,12 NIS (circa $216,75) dalla precedente scadenza del 22 agosto 2025 fino alle 17:00, ora orientale, del 22 agosto 2027. Il consiglio ha approvato l'estensione l'11 agosto 2025 per concedere più tempo per l'esercizio e per potenziali proventi futuri. I detentori non devono intraprendere alcuna azione per rendere effettiva la modifica e tutti gli altri termini dei warrant restano pienamente vigenti, comprese le rettifiche in caso di raggruppamenti azionari inversi o altri eventi di adeguamento. I warrant 2022 sono negoziati al Nasdaq con il simbolo HUBCZ e non sono detenuti da amministratori, dirigenti o soggetti affiliati.

HUB Cyber Security prorrogó el vencimiento de sus warrants 2022 para comprar 68.837 acciones ordinarias, ejercitables a 744,12 NIS (aproximadamente $216,75) desde su fecha de vencimiento anterior del 22 de agosto de 2025 hasta las 5:00 p.m., hora del Este, del 22 de agosto de 2027. La junta aprobó la extensión el 11 de agosto de 2025 para permitir más tiempo para el ejercicio y potencialmente generar ingresos futuros. Los tenedores no necesitan realizar ninguna acción para que la modificación surta efecto y todos los demás términos de los warrants permanecen vigentes, incluidos los ajustes por agrupamientos inversos de acciones u otros eventos de ajuste. Los warrants 2022 cotizan en Nasdaq con el símbolo HUBCZ, y ninguno está en manos de directivos, administradores o afiliados.

HUB Cyber Security는 2022년 워런트(보통주 68,837주를 주당 744.12 NIS(약 $216.75)에 매수할 수 있는 권리)의 만기를 종전의 2025년 8월 22일에서 2027년 8월 22일 미국 동부시간(ET) 오후 5시까지 연장했습니다. 이사회는 2025년 8월 11일에 연장을 승인했으며, 이는 워런트 행사 기간을 늘려 향후 현금 수익을 창출할 가능성을 열어두기 위한 것입니다. 보유자는 변경을 유효화하기 위해 별도의 조치를 취할 필요가 없으며, 역분할 또는 기타 조정 사건에 따른 조정을 포함해 다른 모든 워런트 조건은 그대로 유지됩니다. 2022 워런트는 나스닥에 HUBCZ로 상장되어 있으며 임원, 이사 또는 계열사가 보유하고 있지 않습니다.

HUB Cyber Security a prorogé l'échéance de ses bons de souscription 2022 permettant d'acheter 68 837 actions ordinaires, exerçables à 744,12 NIS (environ 216,75 $), de leur date d'expiration initiale du 22 août 2025 jusqu'au 22 août 2027 à 17h, heure de l'Est. Le conseil d'administration a approuvé l'extension le 11 août 2025 afin de laisser plus de temps pour l'exercice et éventuellement générer des liquidités futures. Les détenteurs n'ont aucune démarche à effectuer pour que la modification prenne effet et les autres conditions des warrants restent pleinement en vigueur, y compris les ajustements en cas de regroupement d'actions inverse ou d'autres événements d'ajustement. Les warrants 2022 sont négociés au Nasdaq sous le symbole HUBCZ, et aucun n'est détenu par des dirigeants, administrateurs ou affiliés.

HUB Cyber Security hat die Laufzeit seiner 2022er Warrants zum Erwerb von 68.837 Stammaktien, ausübbar zu 744,12 NIS (etwa $216,75), von ihrem bisherigen Ablauf am 22. August 2025 bis 17:00 Uhr Eastern Time am 22. August 2027 verlängert. Der Vorstand genehmigte die Verlängerung am 11. August 2025, um zusätzlichen Ausübungszeitraum zu gewähren und gegebenenfalls künftige Barmittelzuflüsse zu ermöglichen. Inhaber müssen keine Maßnahmen ergreifen, damit die Änderung wirksam wird, und alle übrigen Bedingungen der Warrants bleiben in vollem Umfang bestehen, einschließlich Anpassungen infolge von Reverse-Splits oder anderer Anpassungsereignisse. Die 2022er Warrants werden an der Nasdaq unter dem Kürzel HUBCZ gehandelt, und keine werden von Führungskräften, Direktoren oder verbundenen Personen gehalten.

Positive
  • Extension provides additional time for warrant holders to exercise, which could generate future cash proceeds for the company.
  • No holder action required, simplifying implementation and avoiding administrative friction.
  • None of the warrants are held by officers, directors or affiliates, reducing insider-conflict concerns.
  • Warrants trade on Nasdaq as HUBCZ, preserving secondary market liquidity for the instruments.
Negative
  • Potential dilution period extended through August 22, 2027 if warrants are exercised, prolonging the timeframe for possible share issuance.
  • Exercise price is relatively high (744.12 NIS/~$216.75), so exercises—and thus cash proceeds—depend on substantial share price appreciation.

Insights

TL;DR: Procedural extension that may provide cash runway if warrants are exercised; limited near-term impact without exercises.

The board's decision to extend the 2022 warrants' expiration by two years preserves the company's option to receive proceeds if holders convert the instruments. The exercise price is relatively high at 744.12 NIS (~$216.75), which may limit immediate exercise unless the share price rises materially. Because no officers, directors or affiliates hold these warrants, the extension avoids potential insider-related governance concerns. Overall, the move provides optionality but does not change the company's existing capital structure until exercises occur.

TL;DR: Governance appears standard—board-approved modification with no holder action required and no insider holdings, indicating limited governance risk.

Extending the expiry date was executed by the board and does not alter any substantive warrant provisions aside from the date. The fact that no insiders hold the warrants reduces conflict-of-interest concerns. Requiring no holder action simplifies implementation and reduces administrative friction. From a governance perspective, this is a routine capital-markets adjustment that maintains existing contractual terms and defers any shareholder dilution event until exercise.

HUB Cyber Security ha prorogato la scadenza dei suoi warrant 2022 per l'acquisto di 68.837 azioni ordinarie, esercitabili a 744,12 NIS (circa $216,75) dalla precedente scadenza del 22 agosto 2025 fino alle 17:00, ora orientale, del 22 agosto 2027. Il consiglio ha approvato l'estensione l'11 agosto 2025 per concedere più tempo per l'esercizio e per potenziali proventi futuri. I detentori non devono intraprendere alcuna azione per rendere effettiva la modifica e tutti gli altri termini dei warrant restano pienamente vigenti, comprese le rettifiche in caso di raggruppamenti azionari inversi o altri eventi di adeguamento. I warrant 2022 sono negoziati al Nasdaq con il simbolo HUBCZ e non sono detenuti da amministratori, dirigenti o soggetti affiliati.

HUB Cyber Security prorrogó el vencimiento de sus warrants 2022 para comprar 68.837 acciones ordinarias, ejercitables a 744,12 NIS (aproximadamente $216,75) desde su fecha de vencimiento anterior del 22 de agosto de 2025 hasta las 5:00 p.m., hora del Este, del 22 de agosto de 2027. La junta aprobó la extensión el 11 de agosto de 2025 para permitir más tiempo para el ejercicio y potencialmente generar ingresos futuros. Los tenedores no necesitan realizar ninguna acción para que la modificación surta efecto y todos los demás términos de los warrants permanecen vigentes, incluidos los ajustes por agrupamientos inversos de acciones u otros eventos de ajuste. Los warrants 2022 cotizan en Nasdaq con el símbolo HUBCZ, y ninguno está en manos de directivos, administradores o afiliados.

HUB Cyber Security는 2022년 워런트(보통주 68,837주를 주당 744.12 NIS(약 $216.75)에 매수할 수 있는 권리)의 만기를 종전의 2025년 8월 22일에서 2027년 8월 22일 미국 동부시간(ET) 오후 5시까지 연장했습니다. 이사회는 2025년 8월 11일에 연장을 승인했으며, 이는 워런트 행사 기간을 늘려 향후 현금 수익을 창출할 가능성을 열어두기 위한 것입니다. 보유자는 변경을 유효화하기 위해 별도의 조치를 취할 필요가 없으며, 역분할 또는 기타 조정 사건에 따른 조정을 포함해 다른 모든 워런트 조건은 그대로 유지됩니다. 2022 워런트는 나스닥에 HUBCZ로 상장되어 있으며 임원, 이사 또는 계열사가 보유하고 있지 않습니다.

HUB Cyber Security a prorogé l'échéance de ses bons de souscription 2022 permettant d'acheter 68 837 actions ordinaires, exerçables à 744,12 NIS (environ 216,75 $), de leur date d'expiration initiale du 22 août 2025 jusqu'au 22 août 2027 à 17h, heure de l'Est. Le conseil d'administration a approuvé l'extension le 11 août 2025 afin de laisser plus de temps pour l'exercice et éventuellement générer des liquidités futures. Les détenteurs n'ont aucune démarche à effectuer pour que la modification prenne effet et les autres conditions des warrants restent pleinement en vigueur, y compris les ajustements en cas de regroupement d'actions inverse ou d'autres événements d'ajustement. Les warrants 2022 sont négociés au Nasdaq sous le symbole HUBCZ, et aucun n'est détenu par des dirigeants, administrateurs ou affiliés.

HUB Cyber Security hat die Laufzeit seiner 2022er Warrants zum Erwerb von 68.837 Stammaktien, ausübbar zu 744,12 NIS (etwa $216,75), von ihrem bisherigen Ablauf am 22. August 2025 bis 17:00 Uhr Eastern Time am 22. August 2027 verlängert. Der Vorstand genehmigte die Verlängerung am 11. August 2025, um zusätzlichen Ausübungszeitraum zu gewähren und gegebenenfalls künftige Barmittelzuflüsse zu ermöglichen. Inhaber müssen keine Maßnahmen ergreifen, damit die Änderung wirksam wird, und alle übrigen Bedingungen der Warrants bleiben in vollem Umfang bestehen, einschließlich Anpassungen infolge von Reverse-Splits oder anderer Anpassungsereignisse. Die 2022er Warrants werden an der Nasdaq unter dem Kürzel HUBCZ gehandelt, und keine werden von Führungskräften, Direktoren oder verbundenen Personen gehalten.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO SECTION 13A-16 OR 15D-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of August 2025

 

Commission File Number: 001-41634

 

HUB Cyber Security Ltd.

(Exact Name of Registrant as Specified in Its Charter)

 

2 Kaplan Street

Tel Aviv 6473403, Israel

+972-3-924-4074

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F Form 40-F

  

 

  

 

 

 

CONTENTS

 

Warrant Term Extension

 

HUB Cyber Security Ltd. (the “Company”) has outstanding warrants to purchase 68,837 of its ordinary shares exercisable at 744.12 NIS (approximately $216.75 per ordinary share), all of which were issued in connection with a private financing in February 2022 (the “2022 Warrants”). These warrants currently trade on the Nasdaq Capital Market under the symbol “HUBCZ.” The 2022 Warrants were scheduled to expire on August 22, 2025. To allow additional time for the 2022 Warrants to be exercised and to potentially generate future cash proceeds to the Company, on August 11, 2025, the Board of Directors of Company decided to extend the expiration date of the 2022 Warrants to 5 p.m. Eastern Time on August 22, 2027. No action is required by the holders of the 2022 Warrants to effectuate this modification and all provisions of the 2022 Warrants (as adjusted by any reverse share splits undertaken by the Company or other adjustment events contained therein) remain in full force and effect. None of the 2022 Warrants are held by officers, directors or affiliates of the Company.

 

The information in this Report on Form 6-K, including in Exhibit 99.1 attached hereto, is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing made by the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as otherwise set forth herein or as shall be expressly set forth by specific reference in such a filing.

 

1

 

  

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  Hub Cyber Security Ltd.
     
Date: August 12, 2025 By: /s/ Noah Hershcoviz
    Noah Hershcoviz
    Chief Executive Officer

 

 

2

FAQ

What did HUBC announce about its 2022 warrants?

HUB Cyber Security extended the 2022 warrants' expiry to 5 p.m. ET on August 22, 2027; the board approved the change on August 11, 2025.

How many 2022 warrants are outstanding and what is the exercise price?

68,837 warrants outstanding with an exercise price of 744.12 NIS (approximately $216.75) per ordinary share.

Do warrant holders need to take action to accept the extension?

No, holders are not required to take any action; the modification was implemented by the company and all other terms remain in effect.

When do the 2022 warrants now expire?

The warrants now expire at 5 p.m. Eastern Time on August 22, 2027.

Are any officers or directors holders of the 2022 warrants?

No, the company states that none of the 2022 warrants are held by officers, directors or affiliates.
Hub Cyber Security Israel Ltd

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