HUB Cyber Security Ltd. HUBC Archives

ThursdayJan 16, 2025 11:10 am

QualityStocksNewsBreaks – HUB Cyber Security Ltd. (NASDAQ: HUBC) Announces Strategic Acquisition of BlackSwan

HUB Cyber Security (NASDAQ: HUBC) (“HUB”), a global leader in advanced cybersecurity and data fabric technology, today announced its entry into a definitive agreement to acquire BlackSwan Technologies Inc. (“BlackSwan”). “This acquisition represents a transformative step for HUB, which we believe will solidify our position as a secured data management and compliance solutions leader,” said Noah Hershcoviz, CEO of HUB Cyber Security. “We are on track for every single item delivered moving forward towards making HUB the unparalleled top choice for cybersecurity and data management solutions. BlackSwan’s groundbreaking technologies will enable us to deliver unmatched value to our clients, particularly…

MondayDec 02, 2024 8:00 am

QualityStocksNewsBreaks – HUB Cyber Security Ltd. (NASDAQ: HUBC) Announces Key Steps to Position for Growth, Long-Term Success

HUB Cyber Security (NASDAQ: HUBC) (“HUB Security”), a leading provider of cybersecurity solutions and advanced data fabric, on Friday announced an agreement with AGP to reduce by 70% its $5.7 million convertible note obligations by way of amicably negotiated settlement. The move is part of the company’s strategic efforts to strengthen its balance sheet and reduce overall debt. HUB Security also announced securing an additional $1 million investment from a private investor who previously invested an aggregate of $10 million in the company, supporting growth and key end-of-year initiatives. The company is additionally pursuing the refinance of a $7.5 million…

TuesdayNov 05, 2024 11:10 am

QualityStocksNewsBreaks – HUB Cyber Security Ltd. (NASDAQ: HUBC) Announces Strategic Initiatives, Schedules Release of Financial Results

HUB Cyber Security (NASDAQ: HUBC) (“HUB”), a leading provider of cybersecurity solutions and advanced data fabric, has provided an update on several initiatives and developments as the company continues to enhance its market position and deliver value to its stakeholders. According to the announcement, HUB anticipates releasing its financial results for the six months ended June 30, 2024, by the end of November. In addition, the company reported a growing interest in expanding its products within its current customer base. A key contract with a leading European bank is expected to expand the HUB’s compliance offering from perpetual KYC services…

MondayJun 24, 2024 11:54 am

QualityStocksNewsBreaks – HUB Cyber Security Ltd. (NASDAQ: HUBC) Issues Update on Financial Reports, Recent Business Developments

HUB Cyber Security (NASDAQ: HUBC) (“HUB”), a developer of confidential computing cybersecurity solutions and advanced data services, today released a statement regarding the recent announcement published on May 23, 2024. The company clarified that it is on track to release its annual financial reports within the next few weeks. In addition, HUB has secured two deals with governmental entities, highlighting its commitment to strategic expansion and enhancing its offerings. The company expects significant progress in its secure data fabric vertical by the end of the next quarter. To view the full press release, visit https://ibn.fm/e0rF6 About HUB Security Ltd. HUB…

ThursdayJun 20, 2024 11:05 am

QualityStocksNewsBreaks – HUB Cyber Security Ltd. (NASDAQ: HUBC) Provides Statement Regarding Settlement with Oppenheimer & Co.

HUB Cyber Security (NASDAQ: HUBC) (“HUB Security”), a developer of confidential computing cybersecurity solutions and services, has released a statement regarding recent press reports about a settlement with Oppenheimer & Co. The statement reads, “The company confirms that it is making progress towards reaching a settlement regarding a $12 million dispute. The settlement process is moving forward with Oppenheimer & Co. to resolve the claims related to unpaid fees for SPAC merger-related services.” To view the full press release, visit https://ibn.fm/J4Ain About HUB Security Ltd. HUB Cyber Security (“HUB Security”) was established in 2017 by veterans of the elite intelligence…

WednesdayMay 29, 2024 3:27 pm

QualityStocksNewsBreaks – HUB Cyber Security Ltd. (NASDAQ: HUBC), BlackSwan Partner to Demonstrate SDF Solution at Money 20/20 Event

HUB Cyber Security (NASDAQ: HUBC), a developer of confidential computing cybersecurity solutions and advanced data services, is participating along with BlackSwan Technologies (BST) in next week’s Money 20/20 event. The two companies will collaborate to demonstrate the innovative Secured Data Fabric (SDF) solution, which is designed to provide secure access to data across multiple sectors. According to the announcement, the SDF solution is particularly well-suited for industries such as healthcare, government, energy, defense and finance because it ensures that sensitive information can be accessed in a controlled, secure manner. “We are excited to present our Secured Data Fabric solution at…

ThursdayMay 02, 2024 2:20 pm

QualityStocksNewsBreaks – HUB Cyber Security Ltd. (NASDAQ: HUBC) Wins ~$2M Israel Airports Authority Contract

HUB Cyber Security (NASDAQ: HUBC) (“HUB Security”), a developer of confidential computing cybersecurity solutions and services, is announcing a new contract awarded by the Israel Airports Authority. Valued at approximately $2 million, this three-year contract calls for HUB to provide supervision services and engineering design consultancy at all Israel Airports Authority sites. According to the announcement, this contract positions HUB to monitor key components vital for maintaining security and operational continuity at critical aviation sites across Israel. HUB achieved the contract against ten other leading competitors. “This contract underscores confidence in our operational excellence and our steadfast commitment to managing…

FridayApr 19, 2024 1:39 pm

QualityStocksNewsBreaks – HUB Cyber Security Ltd. (NASDAQ: HUBC) Addresses Proceedings Initiated by Dominion

HUB Cyber Security (NASDAQ: HUBC) (“HUB Security”), a developer of confidential computing cybersecurity solutions and services, is addressing the proceedings initiated by Dominion in the U.S. and Israel, including an application to the District Court of Tel Aviv to commence proceedings under Israeli insolvency law. “HUB considers Dominion’s action to be frivolous, entirely without merit, and an illegitimate attempt to pressure the company with respect to a commercial dispute pending in a New York court,” reads the press release. The announcement stated that HUB has filed a counterclaim in the New York court action, “alleging various misconduct by Dominion” and…

ThursdayFeb 08, 2024 2:20 pm

QualityStocksNewsBreaks – HUB Cyber Security Ltd. (NASDAQ: HUBC), Blackswan Tech Partner in ‘Milestone’ Agreement with Top-Tier European Bank

HUB Cyber Security (NASDAQ: HUBC), a developer of confidential computing cybersecurity solutions and services, is reporting another significant achievement resulting from its collaboration with Blackswan Technologies Ltd, a leading U.S. enterprise-artificial intelligence (“AI”) vendor. The two companies are collaborating to provide a joint solution under a $3.2 million, five-year agreement with one of Europe's top-tier banks. With the agreement, HUB marked its expansion into the finance sector, where its unique transaction monitoring and screening process, which specifically targets high-volume data traffic, can be leveraged by global financial institutions to strengthen their data-monitoring infrastructure. “This marks another significant milestone in our…

MondayJan 08, 2024 3:47 pm

QualityStocksNewsBreaks – HUB Cyber Security Ltd. (NASDAQ: HUBC) Eyes Strong 2024-2025

HUB Cyber Security (NASDAQ: HUBC) (“HUB Security”), a developer of confidential computing cybersecurity solutions and services, has announced that it anticipates demonstrating strong success in the next two years. With strategic initiatives that showcase the company’s innovation, growth and resilience, HUB Security is set to redefine its future. The company’s management believes the 2023 performance slowdown was affected by adverse events in Q1, but rapid actions and a complete change of HUB Security’s C-level management created a new wave of strategic change where 2024 is expected to be a transformative year towards a strong FY2025 with a path to growth…

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