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HUB Security Announces Strategic Initiatives and Upcoming Financial Results Amid U.S. Market Penetration Plans
GlobeNewswire News Room· 2024-11-05 12:15
TEL AVIV, Israel, Nov. 05, 2024 (GLOBE NEWSWIRE) -- via IBN – HUB Cyber Security Ltd. (NASDAQ: HUBC) (“HUB Security”; or the “Company”), a leading provider of cybersecurity solutions and advanced data fabric, is pleased to provide an update on several initiatives and developments as it continues to enhance its market position and deliver value to its stakeholders. The Company anticipates releasing its financial results for the six months ended June 30, 2024, by the end of November. In addition, HUB Securit ...
HUB Security to Present at the 2024 ThinkEquity Conference
GlobeNewswire News Room· 2024-10-30 12:30
HUB Security to Present at the 2024 ThinkEquity Conference Tel Aviv, Israel, October 30, 2024 – PRISM MediaWire – HUB Cyber Security Ltd. (NASDAQ: HUBC) ("HUB Security" or the "Company"), a leading provider of cybersecurity solutions and advanced data fabric, today announced that it will be participating in The ThinkEquity Conference on October 30, 2024, at the Mandarin Oriental Hotel in New York. Mandarin Oriental · New York The ThinkEquity Conference gathers institutional investors, corporate clients, and ...
HUB Security Announces $3.3 Million Investment to Accelerate Corporate Growth
GlobeNewswire News Room· 2024-08-19 11:00
TEL AVIV, Israel, Aug. 19, 2024 (GLOBE NEWSWIRE) -- via IBN – HUB Cyber Security Ltd. (NASDAQ: HUBC), a developer of confidential computing cybersecurity solutions and advanced data fabric ("HUB Security" or the "Company"), is pleased to announce the successful completion of a $3.3 million private placement from non-U.S. investors. This investment is in the form of convertible notes with a conversion price of $0.70 per share. As part of the transaction, the Company has also issued warrants with an exercise ...
HUB Security Reports Fiscal 2023 Financial Results
GlobeNewswire News Room· 2024-08-16 15:43
TEL AVIV, Israel, Aug. 16, 2024 (GLOBE NEWSWIRE) -- HUB Cyber Security Ltd. (NASDAQ: HUBC), a leading provider of cybersecurity solutions ("HUB Security" or the "Company"), today released its financial results for the fiscal year ended December 31, 2023. HUB has successfully retained a robust client base and has implemented a clear and ambitious growth strategy to establish itself as a leader in the Secured Data Fabric (SDF) sector. With top-tier talent onboard, the Company believes it is now poised for a d ...
HUB Cyber Security .(HUBC) - 2023 Q4 - Annual Report
2024-08-16 15:16
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 O ...
HUB Receives Nasdaq Notification Regarding Minimum Bid Price Requirement
Newsfilter· 2024-07-22 20:00
Core Points - HUB Security Ltd has received a notification from Nasdaq regarding non-compliance with the Minimum Bid Price Requirement due to its ordinary shares closing below $1.00 for 30 consecutive business days [2][4] - The company's business operations remain unaffected by this notification, and it plans to monitor its share price to regain compliance [3][4] - The company has an initial compliance period of 180 calendar days, ending on January 13, 2025, to meet the Minimum Bid Price Requirement [4] - If compliance is not regained within the initial period, the company may be eligible for an additional 180-day compliance period under certain conditions [5] - Failure to regain compliance within the granted periods may lead to delisting of the ordinary shares, pending an appeal [5]
HUB Cyber Security Provides Updates on Financial Reports and Recent Business Developments
GlobeNewswire News Room· 2024-06-24 12:55
Additionally, the Company has recently secured two deals with governmental entities, highlighting its commitment to strategic expansion and enhancing its offerings. Looking ahead, the Company anticipates significant progress in its secure data fabric vertical by the end of the next quarter. info@hubsecurity.com HUB Cyber Security Ltd ("HUB") was established in 2017 by veterans of the elite intelligence units of the Israeli Defense Forces. The Company specializes in unique cyber security solutions protecting ...
HUB Cyber Security Provides Updates on Financial Reports and Recent Business Developments
Newsfilter· 2024-06-24 12:55
Company Overview - HUB Cyber Security Ltd. specializes in confidential computing cybersecurity solutions and advanced data services, established in 2017 by veterans of the Israeli Defense Forces [3] - The company operates in over 30 countries, providing innovative cybersecurity computing appliances and a wide range of cybersecurity services [3] Recent Developments - The company is on track to release its annual financial reports within the next few weeks [1] - HUB Cyber Security has secured two deals with governmental entities, indicating a commitment to strategic expansion and enhancement of its offerings [2] - Significant progress is anticipated in its secure data fabric vertical by the end of the next quarter [2]
HUB Cyber Security Ltd. Confirms Settlement Progress with Oppenheimer & Co.
Newsfilter· 2024-06-20 11:00
Group 1 - The company is making progress towards a settlement regarding a $12 million dispute related to unpaid fees for SPAC merger-related services with Oppenheimer & Co [1] - HUB Cyber Security Ltd specializes in unique cybersecurity solutions, protecting sensitive commercial and government information, and operates in over 30 countries [2] - The company has introduced advanced encrypted computing solutions to prevent hostile intrusions at the hardware level and a novel set of data theft prevention solutions [2] Group 2 - The press release includes forward-looking statements regarding the anticipated benefits of the transaction and the financial condition of the combined company [3][8] - There are inherent uncertainties and risks associated with the forward-looking statements, including potential impacts from geopolitical events and competition [8][4] - The company emphasizes that actual results may vary materially from those expressed or implied in the forward-looking statements due to various risks and uncertainties [4][8]
HUB Cyber Security and BlackSwan to Jointly Showcase Advanced Secured Data Fabric Solution at Money 20/20 Event
Newsfilter· 2024-05-29 12:32
Company Overview - HUB Cyber Security Ltd. is a cybersecurity company established in 2017 by veterans of the Israeli Defense Forces, specializing in unique cybersecurity solutions for sensitive commercial and government information [3] - The company operates in over 30 countries, providing innovative cybersecurity computing appliances and a wide range of cybersecurity services globally [3] Product Announcement - HUB Cyber Security Ltd. will jointly participate with BlackSwan Technologies in the upcoming Money 20/20 event to showcase their Secured Data Fabric (SDF) solution [1] - The SDF solution is designed to ensure secure access to sensitive information across various sectors, including healthcare, government, energy, defense, and finance [2] Technology Features - The SDF solution provides robust data management and accessibility features, allowing organizations to manage and access their data securely without compromising confidentiality or integrity [2] - The technology aims to offer advanced protection and control over sensitive information, which is increasingly critical as industries rely more on data for their operations [3]