Company Overview - HUB Cyber Security Ltd was established in 2017 by veterans of the Israeli Defense Forces and specializes in unique cybersecurity solutions for sensitive commercial and government information [2] - The company operates in over 30 countries, providing advanced encrypted computing solutions and a wide range of cybersecurity services [2] Recent Developments - The company has secured two deals with governmental entities, indicating its commitment to strategic expansion and enhancing its offerings [1] - HUB anticipates significant progress in its secure data fabric vertical by the end of the next quarter [1] Financial Outlook - The company is on track to release its annual financial reports within the next few weeks [9]

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]

TEL AVIV, Israel, May 29, 2024 (GLOBE NEWSWIRE) -- via IBN -- HUB Cyber Security Ltd. (NASDAQ: HUBC) is excited to announce its joint participation with BlackSwan Technologies (BST) in the upcoming Money 20/20 event next week. Together, the strategic partners will demonstrate the cutting-edge Secured Data Fabric (SDF) solution, designed to facilitate secure access to data across multiple sectors. The SDF solution is specifically engineered to ensure that sensitive information can be accessed in a controlled ...

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]

TEL AVIV, Israel, May 23, 2024 (GLOBE NEWSWIRE) -- via IBN – HUB Cyber Security Ltd. (Nasdaq: HUBC), a developer of confidential computing cybersecurity solutions and advanced data services ("HUB" or the "Company"), today announced that it requires additional time to complete the audit of its annual financial statements and file its Annual Report on Form 20-F for the fiscal year ended December 31, 2023 (the "Annual Report") with the Securities and Exchange Commission ("SEC"). Additional time is required pri ...

Core Viewpoint - HUB Cyber Security Ltd. requires additional time to complete the audit of its annual financial statements and file its Annual Report for the fiscal year ended December 31, 2023, primarily due to a recent strategic acquisition and ongoing debt restructuring efforts [1][2]. Group 1: Financial Reporting and Compliance - The delay in filing the Annual Report has led to a notice of non-compliance from Nasdaq, but this does not immediately affect the listing or trading of HUB's securities [3]. - HUB has until July 19, 2024, to submit a plan to regain compliance with Nasdaq Listing Rules, with the possibility of an extension until November 11, 2024, if the plan is accepted [4]. Group 2: Company Background and Operations - HUB Cyber Security Ltd. specializes in cybersecurity solutions, protecting sensitive commercial and government information, and operates in over 30 countries [5].

Hub Cyber Security (NASDAQ:HUBC) stock is taking off on Monday alongside heavy pre-market trading of the Israel-based cyber security solutions company’s shares.This heavy trading has more than 11 million shares of HUBC stock changing hands as of this writing. That’s already well above its daily average trading volume of about 3.2 million shares.It’s worth mentioning that stocks out of Israel are incredibly volatile this morning. That comes after an attack was launched on the country by Iran. This could cont ...

Hub Cyber Security (NASDAQ:HUBC) stock is falling on Thursday after updating investors on a shareholder’s stake in the cyber security solutions company.The big news here is Dominion Holdings adjusting the number of HUBC shares that it owns. The company sold 390,672 shares of HUB stock from March 20 to April 1 for between $0.8393 and $1.0329 each.In addition to that, DC Rainer, which is managed by Dominion Holdings, transferred 27,135 shares of HUBC stock to an individual member of the business. This leaves ...

Hub Cyber Security (NASDAQ:HUBC) stock is rising higher on Friday after the cyber security solutions company secured $8 million in financing.This comes from a straight debt arrangement. It intends to use the funds gained from this to fuel its growth, enhance working capital and fulfill obligations to creditors. The company says this allows it to maintain financial responsibilities while expanding operations.Hub Cyber Security CEO Noah Hershcoviz said the following about the new financing.“Securing this fina ...

TEL AVIV, Israel, April 05, 2024 (GLOBE NEWSWIRE) -- via IBN – HUB Cyber Security Ltd. (NASDAQ:HUBC), a developer of confidential computing cybersecurity solutions and services (‘HUB' or the 'Company'), is pleased to announce a successful $8 million financing acquisition via a straight debt arrangement. This strategic financing is part of the company's ongoing effort to fortify its financial foundation and strategically invest in its future. Opting for a straight debt facility, we have set our sights on fue ...