Core Viewpoint - HUB Cyber Security Ltd. has appointed Shlomo Bibas as an Independent Member of its Board of Directors, emphasizing the company's commitment to enhancing corporate governance and board-level expertise as it pursues global expansion [1][2][4] Company Overview - HUB Cyber Security Ltd. specializes in advanced cybersecurity solutions, protecting sensitive commercial and government information with offerings that include encrypted computing technologies and data theft prevention solutions [5] Appointment Details - Shlomo Bibas brings over 20 years of leadership experience in technology, cybersecurity, and corporate governance, with a strong track record in strategic growth and operational efficiency [2][3] - His previous roles include Senior Vice President of Operations and Chief Technology Officer at Woodbridge Group, and Chief Information Officer at Celestica, a company with over $9 billion in annual revenues [3] Strategic Importance - The appointment of Mr. Bibas is seen as pivotal for HUB as it accelerates its global market expansion, leveraging his extensive experience in scaling technology operations and navigating complex regulatory environments [4]

Core Points - HUB Cyber Security Ltd. has received a 14-day extension from the Nasdaq Hearings Panel to comply with the minimum bid price requirement, now having until April 14, 2025, to achieve 10 consecutive trading days of at least $1 per share [1][2] - The extension was granted after the Panel reviewed HUB's recent developments and progress, indicating confidence in the company's achievements and roadmap for continued listing on Nasdaq [2] Company Overview - HUB Cyber Security Ltd. was established in 2017 by veterans of the Israeli Defense Forces and specializes in advanced cybersecurity solutions that protect sensitive commercial and government information [3] - The company's offerings include encrypted computing technologies and innovative data theft prevention solutions, operating in over 30 countries and serving a diverse client base [3]