Hub Cyber Security Ltd

Earnings data Q3 2023

Hub Cyber Security (Israel) Ltd. engages in the development of computer software and the establishment of quality and reliability systems. It operates through the following segments: Consulting, Software, Training, and Software Testing and Outsourcing. The Consulting segment provides engineering and management consulting services in the fields of management and establishment of quality and reliability systems, reliability and safety analyzes, improvement works of processes and products, risk analysis and management, writing procedures and analytical reports, certification of organizations and companies according to accepted standards. The Software segment engages in software development for calculating reliability and safety data, for collecting and reporting incidents and faults, as well as databases. The Training segment engages in trainings and certifications in the areas of quality, safety, reliability and as part of training for the IDF, in the fields of command, management, organizational behavior, and preparation for military service. The Software Testing and Outsourcing segment provides solutions and services in the fields of test engineering, formation and characterization of processes, establishment of test groups and laboratories, development of quality indices, implementation of test methodologies in accordance with the organization's strategy and placement of employees in the above fields. The company was founded by Zigmund Bluvband on June 13, 1984 and is headquartered in Tel Aviv, Israel.

SAN DIEGO--(BUSINESS WIRE)---- $HUBC #HUBCyberSecurityLtd--HUB Cyber Security Ltd. (HUBC) Made Misleading Statements in its Offering Documents Regarding its Business Prospects.

Shareholder Alert: Robbins LLP Informs Shareholders of Class Action Filed Against HUB Cyber Security Ltd. f/k/a Hub Cyber Security (Israel) Ltd.

NEW YORK--(BUSINESS WIRE)---- $hubc #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Hub Cyber Security Ltd. (“HUB” or the “Company”) (NASDAQ: HUBC) and certain of its officers. Class Definition: This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired HUB stock.

Calling All Hub Cyber Security Ltd. (HUBC) Investors: Contact Bronstein, Gewirtz & Grossman, LLC To Claim Your Losses!

TEL AVIV, Israel, June 13, 2023 (GLOBE NEWSWIRE) -- HUB Security Ltd (Nasdaq: HUBC), a developer of Confidential Computing cybersecurity solutions and services ("HUB Security" or the "Company"), received a notification on June 9, 2023 from The Nasdaq Stock Market (“Nasdaq”) notifying the Company that it is no longer in compliance with Nasdaq Listing Rule 5450(a)(1), because for the past 30 consecutive business days preceding the date of the notification (“Notice”), the bid price per share of the Company's ordinary shares, no par value (“Ordinary Shares”) had closed below the $1.00 per share minimum bid price required for continued listing on Nasdaq (the “Minimum Bid Price Requirement”).

HUB Security Receives Nasdaq Notification Regarding Minimum Bid Price Requirement

TEL AVIV, Israel, May 22, 2023 (GLOBE NEWSWIRE) -- HUB Cyber Security Ltd (NASDAQ: HUBC), a developer of Confidential Computing cybersecurity solutions and services ("HUB Security" or the "Company"), today announced, as expected, that it has received a notice (the "Notice") from The Nasdaq Stock Market LLC ("Nasdaq") indicating that, as a result of not having timely filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2022 (the “Annual Report”) with the Securities and Exchange Commission ("SEC"), the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of all required periodic financial reports with the SEC . The Notice has no immediate effect on the listing or trading of the Company's securities, which will continue to trade on Nasdaq, subject to the Company's compliance with the other continued listing requirements of Nasdaq.

HUB Security Receives Notice from Nasdaq Related to Delayed Filing of 2022 Annual Report

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TEL AVIV, Israel , May 4, 2023 /PRNewswire/ -- HUB Cyber Security Ltd (NASDAQ: HUBC), a developer of Confidential Computing cybersecurity solutions and services ("HUB Security" or the "Company"), today announced that it has entered into an agreement for up to $16 million in gross proceeds from Lind Global Asset Management VI LLC, an investment entity managed by The Lind Partners, a New York based institutional fund manager (together, "Lind"). This investment is expected to provide HUB Security with additional resources to fuel its rapid growth and development, enhance its financial stability, and enable the Company to pursue its future plans.

HUB Security Raises Up to $16 Million in Growth Investment from The Lind Partners

The contract spans 3 years of continuous, rigorous testing and cyber assessments This first joint cybersecurity platform by Getronics and HUB Security, called "GetHUB360," allows businesses to identify, mitigate and respond to evolving cyber threats in local, cloud, and hybrid computing environments TEL AVIV, Israel , April 25, 2023 /PRNewswire/ -- HUB Cyber Security Ltd (Nasdaq: HUBC), a developer of Confidential Computing cybersecurity solutions and services ("HUB Security" or the "Company"), is pleased to announce that it has entered into a global strategic partnership with Getronics, a leading provider of workplace, cloud, IoT, and managed service cybersecurity solutions. The relationship between HUB Security and Getronics combines HUB Security's industry-leading cyber risk management technology and services with Getronic's world-class technology solutions and demonstrates HUB Security's continued commitment to invest in protective measures for its clients and additional capabilities for its partners.

HUB Security and Getronics announce a €1.3M contract with a multinational company

TEL AVIV, Israel , March 28, 2023 /PRNewswire/ -- As previously announced, HUB Cyber Security Ltd (Nasdaq: HUBC), a developer of Confidential Computing cybersecurity solutions and services ("HUB Security" or the "Company"), will host an online investor event at 10:00 a.m. EST today (March 28, 2023), for the purpose of updating existing and potential investors on the Company's progress, new developments, vision and strategic plans.

HUB Security to Hold Investor Event to Present Updates on Progress and Strategic Plans

One of the biggest movers to the downside in today's market is HUB Cyber Security (NASDAQ: HUBC ). Shares of HUBC stock are down more than 14% at the time of this writing.

Dear HUBC Stock Fans, Mark Your Calendars for March 28

Management will present Company's business progress, new developments, vision and strategic plans. TEL AVIV, Israel , March 21, 2023 /PRNewswire/ --  HUB Cyber Security Ltd  (Nasdaq: HUBC), a developer of Confidential Computing cybersecurity solutions and services ("HUB" or the "Company"), announced today that it will host an online investor event on March 28, 2023 at 10:00 a.m.

HUB To Host Investor Event on March 28, 2023

Effective immediately, Rogers' appointment brings extensive government and defense industry experience to enhance U.S. market position TEL AVIV, Israel , March 20, 2023 /PRNewswire/ -- HUB Cyber Security Ltd (NASDAQ: HUBC), a developer of Confidential Computing cybersecurity solutions and services ("HUB" or the "Company"), today announced that John C. Rogers has joined its Advisory Board.

Former Deputy Secretary at Department of Defense, John C. Rogers, Joins HUB Security Advisory Board

Hub Cyber Security (NASDAQ: HUBC ), an Israeli cybersecurity company, is jumping 16% in trading today after climbing 21% yesterday. The rally was sparked by news, announced on March 14, that the firm had “successfully issued and sold 400,000 shares for $10 each.

HUB Cyber Security (HUBC) Stock Continues PIPE Rally

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TEL AVIV, Israel , March 15, 2023 /PRNewswire/ --  HUB Cyber Security Ltd  (Nasdaq: HUBC), a developer of Confidential Computing cybersecurity solutions and services ("HUB" or the "Company"), announced today that the Israeli investment bank, A-Labs Advisory & Finance Ltd. ("ALabs"), has reaffirmed its irrevocable commitment to invest $20 million in HUB as an equity PIPE investment at $10 per share, previously made in connection with the Company's business combination.

A-Labs Reaffirms $20 million PIPE Investment in HUB at $10 per share

Hub Cyber Security (NASDAQ: HUBC ) stock is getting a boost on Wednesday following positive news from PIPE investors. According to a press release, Hub Cyber Security successfully issued and sold 400,000 shares for $10 each.

HUBC Stock Gains 10% Following PIPE Investor News

TEL AVIV, Israel , March 14, 2023 /PRNewswire/ -- HUB Cyber Security Ltd (NASDAQ: HUBC), a developer of Confidential Computing cybersecurity solutions and services ("HUB" or the "Company"), today announced that it had issued and sold approximately 400,000 shares to two of the original PIPE investors at a price per share of $10 for proceeds of approximately $4 million dollars, in a private placement. The shares were sold pursuant to the original PIPE terms entered into in connection with the Company's business combination.

HUB Security Receives Four Million USD From PIPE Investors at 10USD Per Share

Hub Cyber Security (NASDAQ: HUBC ) stock is on the rise shortly after the company went public through a SPAC merger with Mount Rainier Acquisition Corp. That merger took place on Wednesday and it saw the company's shares change over to the new HUBC stock ticker. However, the company didn't go public without its own drama as reporting issues caused the stock to fall with its debut.

Why Is Hub Cyber Security (HUBC) Stock Up 62% Today?

The special purpose acquisition company (SPAC) rush isn't over. One company that has officially gone public today following its successful SPAC merger is HUB Cyber Security (NASDAQ: HUBC ).

HUBC Stock Alert: What to Know as HUB Cyber Security Starts Trading

TEL AVIV, Israel, Feb. 28, 2023 (GLOBE NEWSWIRE) -- HUB Cyber Security Ltd., a developer of Conﬁdential Computing cybersecurity solutions and services ("HUB" or the "Company") and Mount Rainier Acquisition Corp. (Nasdaq: RNER), today announced the completion of their previously announced business combination and will begin trading on the Nasdaq Stock Market tomorrow, March 1, 2023.

HUB Cyber Security Ltd, a Developer of Conﬁdential Computing Cybersecurity Solutions and Services, Successfully Closes Its Business Combination with Mount Rainier Acquisition Corp.

News for Hub Cyber Security Ltd Stock (HUBC)