QualityStocksNewsBreaks – HUB Cyber Security Ltd. (NASDAQ: HUBC) Plans Reverse Share Split, Effective Dec. 14
HUB Cyber Security (NASDAQ: HUBC), a developer of confidential computing cybersecurity solutions and services, announced a 1-for-10 reverse share split of its ordinary shares. According to the announcement, the reverse share split along with the corresponding share capital adjustment will be effective on Dec. 14, 2023, at 11:59 p.m. ET. Ordinary shares will begin trading on a split-adjusted basis on the NASDAQ market at market open on Dec. 15, 2023, under the existing trading symbol HUBC but under a new CUSIP number: M6000J135. HUB Security’s outstanding warrants will continue to be traded under the symbols HUBCW and HUBCZ. The company…