HUB Cyber Security Secures $8 Million in Financing to Accelerate Growth and Strengthen Financial Position
Hub Cyber Security Ltd. (HUBC)
Company Research
Source: GlobeNewswire
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 fueling HUB’s growth, enhancing our working capital, and seamlessly fulfilling our obligations to creditors. This financing mechanism was meticulously chosen to ensure we stay on course with our financial responsibilities while vigorously pursuing our expansion plans. Noah Hershcoviz, CEO of HUB, remarked, “Securing this financing underlines our commitment to growth and financial stability. It enables our strategic initiatives, meets creditor obligations, and reflects our dedicati
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HUBC
News
- HUB Cyber Security Awarded Key Contract by the Israeli Airports AuthorityGlobeNewswire
- HUB Cyber Security Strongly Responds To Dominion’s Misleading Lawsuit; Reaffirms Dedication To Expansion And Worldwide Customer SupportGlobeNewswire
- HUB Cyber Security Acquires QPoint Technologies, Advancing its Plans for a Secured Data Fabric Ecosystem [Financial Post (Toronto, Ontario, Canada)]Financial Post
- HUB Cyber Security Acquires QPoint Technologies, Advancing its Plans for a Secured Data Fabric Ecosystem [Yahoo! Finance]Yahoo! Finance
- HUB Cyber Security Acquires QPoint Technologies, Advancing its Plans for a Secured Data Fabric EcosystemGlobeNewswire
HUBC
Sec Filings
- 5/2/24 - Form 6-K
- 5/1/24 - Form NT
- 4/24/24 - Form 6-K
- HUBC's page on the SEC website