STOCK TITAN

Hub Cyber Security sets 1-for-25 reverse split

HUBC is enacting a 1-for-25 reverse share split to lift its share price and support Nasdaq minimum bid-price compliance while managing significant liquidity risks.

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Hub Cyber Security Ltd. (HUBC) announced a 1-for-25 reverse share split of its ordinary shares, which becomes effective at 11:59 p.m. Eastern Time on September 11, 2026, with split-adjusted trading on Nasdaq beginning September 14, 2026 under the existing symbol HUBC.

Every 25 issued and outstanding ordinary shares will be converted into one share, reducing the share count from 44,895,531 to about 1,795,821, with fractional shares rounded down. The company states this action is intended to raise the share price and help maintain compliance with Nasdaq Listing Rule 5450(a)(1) amid an ongoing restructuring and liquidity challenges highlighted in its risk disclosures.

Positive

  • None.

Negative

  • The company discloses significant uncertainty about the adequacy of its liquidity and capital resources and its ability to repay obligations as they become due.
  • HUBC highlights risk to its ability to meet Nasdaq continued listing standards, indicating potential pressure on its stock market listing.
  • The company cites limited liquidity and trading of its securities as a risk, which can affect price stability and investor access.

Filing Explained

The split was effective by the September 17 report; equity-right terms were adjusted under their instruments, with warrant identifiers unchanged.

By the September 17, 2026 report, the announced reverse split had passed its stated September 11, 2026 effective time and September 14, 2026 split-adjusted trading start, making the share-count reduction a completed corporate action rather than a pending one.

The filing also states that outstanding notes, options, warrants, and restricted share units are subject to instrument-based adjustments to exercise prices and issuable share counts; warrant trading symbols and CUSIPs remain unchanged.

Reverse share split ratio 1-for-25 Ratio for HUBC’s reverse split of ordinary shares
Pre-split ordinary shares outstanding 44,895,531 shares Ordinary shares issued and outstanding as of the press release date
Post-split ordinary shares outstanding 1,795,821 shares Expected outstanding ordinary shares after the 1-for-25 reverse split
Reverse split effectiveness time 11:59 p.m. Eastern Time Time on September 11, 2026 when the reverse split becomes effective
Split-adjusted trading start date September 14, 2026 Date HUBC shares begin trading on a split-adjusted basis on Nasdaq
reverse share split financial
"announced a 1-for-25 reverse share split of its ordinary shares"
A reverse share split is when a company reduces the number of its shares outstanding by combining multiple shares into one, effectively increasing the price of each share. For investors, this can help improve the company's image or meet stock exchange listing requirements, but it does not change the total value of their investment. It’s similar to turning many small pieces of a puzzle into fewer larger pieces—nothing new is added or lost, just rearranged.
Nasdaq Listing Rule 5450(a)(1) regulatory
"maintain compliance with the minimum bid price requirement in Nasdaq Listing Rule 5450(a)(1)"
Nasdaq Listing Rule 5450(a)(1) is a continued-listing standard that sets a minimum share price companies must maintain to remain listed on the Nasdaq market—commonly a $1.00 per-share threshold. Investors care because falling below that floor can trigger a compliance review and possible delisting, which is like failing a minimum grade and losing access to the public market; delisting can reduce liquidity, visibility and the ability to raise capital.
Outstanding Equity Rights financial
"including outstanding notes, options, warrants and restricted share units (collectively, the “Outstanding Equity Rights”)"
restricted share units financial
"including outstanding notes, options, warrants and restricted share units"
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
confidential computing technical
"has operated in confidential computing, AI-driven data fabric, and cybersecurity"
Confidential computing is a technology that keeps data secure while it is being processed or analyzed, even from the systems that run the calculations. Think of it like a locked box where sensitive information is kept safe inside, no matter what happens during the work. This helps protect private data from unauthorized access, making it especially important for businesses and investors concerned about data privacy and security.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did HUB Cyber Security Ltd. (HUBC) announce regarding its share structure?

HUBC announced a 1-for-25 reverse share split of its ordinary shares. Every 25 issued and outstanding shares will automatically convert into one share, with no fractional shares issued and any fractions rounded down to the nearest whole share.

When does HUBC’s 1-for-25 reverse share split take effect and when will trading be adjusted?

The reverse share split becomes effective at 11:59 p.m. Eastern Time on September 11, 2026. HUBC ordinary shares will begin trading on a split-adjusted basis on Nasdaq at the open of business on September 14, 2026.

How will HUBC’s outstanding share count change after the reverse split?

As of the press release date, HUBC had 44,895,531 ordinary shares issued and outstanding. After the 1-for-25 reverse share split, this will result in approximately 1,795,821 ordinary shares outstanding, taking into account the settlement of fractional shares.

Why is HUBC implementing a reverse share split?

HUBC states it believes the reverse share split will increase the per share trading price of its ordinary shares and help it maintain compliance with the minimum bid price requirement in Nasdaq Listing Rule 5450(a)(1).

How are HUBC’s options, warrants and other equity rights affected by the reverse split?

The reverse share split will also affect HUBC’s Outstanding Equity Rights (notes, options, warrants and RSUs). The exercise price and number of ordinary shares issuable under these instruments will be adjusted pursuant to their terms to maintain the same economic effect.

What key risks does HUBC highlight alongside the reverse share split?

HUBC cites risks including significant uncertainty about its liquidity and ability to repay obligations, the ability to meet Nasdaq listing standards, limited liquidity and trading of its securities, geopolitical risks, and other factors described in its Form 20-F risk factors.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

 

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of September 2026

 

Commission File Number 001-41634

 

HUB Cyber Security Ltd.

 

Not Applicable

(Translation of registrant’s name into English)

 

30 Hacharoshet Street

Or Yehuda, Israel

+972-3-924-4074

(Address of principal executive office)

 

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

 

Press Release

 

On September 10, 2026, the Company issued a press release titled “HUB Announces Reverse Share Split.” A copy of each of this press release is attached to this Form 6-K as Exhibit 99.1 and is incorporated herein by reference.

 

The information in this Report on Form 6-K, including Exhibit 99.1, 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

 

 

EXHIBIT INDEX

 

Exhibit No.   Description
99.1   Press Release dated September 10, 2026

 

2

 

 

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: September 17, 2026 By: /s/ Limor Zur-Stoller
    Limor Zur-Stoller
    Chief Financial Officer

 

3

Exhibit 99.1

 

HUB Announces Reverse Share Split

 

Tel-Aviv, IsraelSeptember 10, 2026 – Hub Cyber Security Ltd. (Nasdaq: HUBC) (“HUB Security” or the “Company”), a global provider of confidential computing and secured data fabric technologies, today announced a 1-for-25 reverse share split of its ordinary shares, no par value per share (the “Ordinary Shares”). The reverse share split and corresponding share capital adjustment will become effective at 11:59 p.m. Eastern Time on Friday, September 11, 2026. The Ordinary Shares will begin trading on a split-adjusted basis on The Nasdaq Stock Market LLC (“Nasdaq”) at the open of business on Monday, September 14, 2026, under the existing trading symbol “HUBC,” but the Ordinary Shares will trade under a new CUSIP number, M6000J309. HUB Security’s outstanding warrants will continue to be traded under the symbols “HUBCW” and “HUBCZ” and the CUSIP numbers for such warrants will remain unchanged.

 

As a result of the reverse share split, every 25 issued and outstanding Ordinary Shares will automatically be converted into one Ordinary Share. No fractional shares will be issued as a result of the reverse share split. Instead, all fractional shares will be rounded down to the nearest whole share. The reverse share split affects all shareholders uniformly and will not alter any shareholder’s percentage ownership interest in the Company’s issued and outstanding Ordinary Shares, except for adjustments that may result from the treatment of fractional shares. As of the date hereof, the Company had 44,895,531 Ordinary Shares issued and outstanding, which, following the effectiveness of the reverse share split, will result in 1,795,821 Ordinary Shares outstanding on a post-split basis (taking into effect the settlement of fractional shares).

 

The reverse share split will also affect the Company’s derivative securities, including outstanding notes, options, warrants and restricted share units (collectively, the “Outstanding Equity Rights”). Generally, the plans and other documents pertaining to the Outstanding Equity Rights include provisions providing for adjustments in the event of a reverse share split in order to maintain the same economic effect. Specifically, the exercise price and the number of Ordinary Shares issuable pursuant to Outstanding Equity Rights will be adjusted pursuant to the terms of such instruments in connection with the reverse share split.

 

The Company believes the reverse share split will increase the per share trading price of the Ordinary Shares and enable the Company to maintain compliance with the minimum bid price requirement in Nasdaq Listing Rule 5450(a)(1).

 

Additional information regarding the reverse share split can be found in the Company’s proxy statement furnished to the Securities and Exchange Commission on August 4, 2026.

 

For further information or inquiries, please contact: info@hubsecurity.com

 

* * * *

 

 

 

About HUB Security Ltd.

 

HUB Cyber Security Ltd. (Nasdaq: HUBC) has operated in confidential computing, AI-driven data fabric, and cybersecurity. HUB’s Secured Data Fabric has historically empowered organizations to virtualize, secure, and analyze sensitive data across borders and silos generating real-time intelligence while meeting the highest regulatory standards. HUB is currently implementing a comprehensive restructuring, during which its Board of Directors and management team have taken steps to improve liquidity, simplify the Company’s organizational structure, cut operating costs and strengthen corporate governance. The Board of Directors continues to explore various strategic alternatives intended to maximize value for shareholders and position HUB for future growth.

 

Forward-Looking Statements

 

This press release contains forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by words such as “plan,” “believe,” “expect,” “anticipate,” “intend,” “outlook,” “estimate,” “future,” “forecast,” “project,” “continue,” “could,” “may,” “might,” “possible,” “potential,” “predict,” “seem,” “should,” “will,” “would” and other similar words and expressions, but the absence of these words does not mean that a statement is not forward-looking.

 

The forward-looking statements are based on the current expectations of the management of HUB Security, as applicable, and are inherently subject to uncertainties and changes in circumstances and their potential effects and speak only as of the date of such statement. There can be no assurance that future developments will be those that have been anticipated. These forward-looking statements involve a number of risks, uncertainties, or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those discussed and identified in public filings made with the SEC by the HUB Security and the following: (i) significant uncertainty regarding the adequacy of HUB’s liquidity and capital resources and its ability to repay its obligations as they become due; (ii) the war between Israel and Hamas commenced in October 2023, which may harm Israel’s economy and HUB’s business; (iii) expectations regarding HUB’s strategies and future financial performance, including its future business plans or objectives, prospective performance and opportunities and competitors, revenues, products and services, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and HUB’s ability to invest in growth initiatives and pursue acquisition opportunities; (iv) the outcome of any legal or regulatory proceedings against HUB in connection with our previously announced internal investigation or otherwise; (v) the ability to meet stock exchange continued listing standards and remain listed on the Nasdaq; (vi) competition, the ability of HUB to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (vii) limited liquidity and trading of HUB’s securities; (viii) geopolitical risk, including military action and related sanctions, and changes in applicable laws or regulations; (ix) the possibility that HUB may be adversely affected by other economic, business, and/or competitive factors; and (x) other risks and uncertainties set forth in the sections entitled “Risk Factors” and “Cautionary Statement Regarding Forward-Looking Statements” in HUB’s Annual Report on Form 20-F filed on July 17, 2026. Should one or more of these risks or uncertainties materialize or should any of the assumptions made by the management of HUB prove incorrect, actual results may vary in material respects from those expressed or implied in these forward-looking statements.

 

Should one or more of these risks or uncertainties materialize, or should any of the assumptions made by the management of HUB Security prove incorrect, actual results may vary in material respects from those expressed or implied in these forward-looking statements.

 

All subsequent written and oral forward-looking statements concerning the business combination or other matters addressed in this press release and attributable to HUB Security or any person acting on their behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in the press release. Except to the extent required by applicable law or regulation, HUB Security undertakes no obligation to update these forward-looking statements to reflect events or circumstances after the date of this press release to reflect the occurrence of unanticipated events.

 

 

Filing Exhibits & Attachments

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