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I am so frustrated but all we can do is hope and pray something good happens and Noah really does have a great "plan" that makes this skyrocket I'm an original RNER investor.....ya know the ones that really got burned
Agreed that is a high interest rate but it is also with someone they are working with SOOOOOO hopefully that means Black Swan has faith in them PLUS it is not a toxic loan.
$HUBC Hub Cyber Security Ltd. (the “Company”) entered into a Loan and Security Agreement on January 26, 2024 with Blackswan Technologies, Inc., a Delaware corporation (“BST”), with an effective date of December 4, 2023 (the “BST Loan Agreement”). https://hubsecurity.gcs-web.com/node/7426/html
$HUBC Possibly the reason for $1.50? https://hubsecurity.gcs-eb.com/node/7421/html
Me too I am so frustrated, and this is probably gonna be below $1 again soon. Where is the "plan" Noah had that was gonna be implemented and why they had to jump to RS instead of filing for the extension? Noah and HUBC PLEASRE prove me wrong and start doing it fast!
$HUBC Another new article today
Hub Security Has Named Nachman Geva as Its CTO to Lead the Company’s Secured Data Fusion Strategy and Drive Innovation
https://finance.yahoo.com/news/hub-security-named-nachman-geva-122600023.html
https://www.calcalist.co.il/market/article/bkxidnzyp
you will have to hit translate at in the pop up because it comes up in Hebrew
$HUBC PLEASE read the article it fills in lots of the blanks we investors were not told but suspected.
https://www.calcalist.co.il/market/article/bkxidnzyp
SEC Filing | HUB Security (gcs-web.com) https://hubsecurity.gcs-web.com/node/7406/html
20F
CONTENTS HUB Cyber Security Ltd. (the “Company”) hereby attaches as Exhibit 99.1 its financial results including its balance sheet and income statement for its six months ended on June 30, 2023, together with its Results of Operations in connection the financial results for the six months ended June 30, 2023. The financial information contained herein are unaudited, prepared by the management of the Company and furnished to this Current Report on Form 6-K and incorporated herein by reference. Additionally, on January 8, 2024, the Company issued a press release titled “Transforming Challenges into Triumphs: HUB Anticipates a Strong 2024- 2025”. A copy of this press release is attached to this Form 6-K as Exhibit 99.2. The information in this Report on Form 6-K, including in Exhibits 99.1 and 99.2 attached hereto, is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference in any filing made by the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as otherwise set forth herein or as shall be expressly set forth by specific reference in such a filing.
EXHIBIT INDEX
Exhibit No.
Description
99.1
Unaudited Financial Results and Results of Operations for the Six Months Ended June 30, 2023
99.2
Press Release dated January 8, 2024
SEC Filing | HUB Security (gcs-web.com)
CONTENTS
Director Appointment
The Board of Directors (the “Board”) of HUB Cyber Security Ltd. (the “Company”) appointed Ms. Lior Lurye to serve as a director, effective as of December 19, 2023. Ms. Lurye will serve as a Class III director and as a member of each of the Company’s audit committee and nominating, governance, compliance and sustainability committee. Ms. Lurye will also chair the nominating, governance, compliance and sustainability committee.
Director Resignation
Liat Aaronson, a member of the Board, resigned from the Board and all committees thereof, effective as of December 19, 2023. Ms. Aaronson’s resignation was not as a result of any disagreement with the Company on any matter relating to its operations, policies or practices.
I think Noah is implementing his plan! keep it coming! https://www.stocktitan.net/news/HUBC/hub-secures-prestigious-position-as-prime-vendor-in-major-deal-with-7j25713zw6kn.html
Kinda ticked they did not apply for an extension, But I like that they included everything in the RS not just the common shares like most companies do.
HUB Announces 1-For-10 Reverse Share Split; The Ordinary Shares Will Begin Trading On A Split-Adjusted Basis On The Nasdaq Stock Market At The Open Of Business On Friday, December 15, 2023
10:49 am ET December 12, 2023 (Benzinga) Print
Hub Cyber Security Ltd. (NASDAQ:HUBC) ("HUB Security" or the "Company"), a developer of Confidential Computing cybersecurity solutions and services, today announced a 1-for-10 reverse share split of its ordinary shares, no par value per share (the "Ordinary Shares"). The reverse share split and corresponding share capital adjustment will become effective at 11:59 p.m. Eastern Time on December 14, 2023. The Ordinary Shares will begin trading on a split-adjusted basis on The Nasdaq Stock Market LLC ("Nasdaq") at the open of business on Friday, December 15, 2023, under the existing trading symbol "HUBC," but the Ordinary Shares will trade under a new CUSIP number, M6000J135. HUB Security's outstanding warrants will continue to be traded under the symbols "HUBCW" and "HUBCZ" and the CUSIP numbers for such warrants will remain unchanged.
As a result of the reverse share split, every 10 issued and outstanding Ordinary Shares will automatically be converted into one Ordinary Share. No fractional shares will be issued as a result of the reverse share split. Instead, in accordance with the Company's Amended and Restated Articles of Association, all fractional shares will be rounded down to the nearest whole share. The reverse share split affects all shareholders uniformly and will not alter any shareholder's percentage ownership interest in the Company's issued and outstanding Ordinary Shares, except for adjustments that may result from the treatment of fractional shares.
The reverse share split will also affect the Company's derivative securities, including outstanding notes, options, warrants and restricted share units (collectively, the "Outstanding Equity Rights"). Generally, the plans and other documents pertaining to the Outstanding Equity Rights include provisions providing for adjustments in the event of a reverse share split in order to maintain the same economic effect. Specifically, the exercise price and the number of Ordinary Shares issuable pursuant to Outstanding Equity Rights will be adjusted pursuant to the terms of such instruments in connection with the reverse share split.
PLEASE subscribed to HUBC email alerts. http://hubsecurity.gcs-web.com/ema... After you get it complain letting them know what it looks like. https://investors.hubsecurity.com/ir-resources/contact-ir Between this email, not filing & announcing extension, late financials makes them look incompetent. This can help SP!
Today $HUBC announced another 15 million contract
In one week total contracts are 50 million.
Let's see how the market reacts.
HUB Wins €15 Million Project with a Prominent Swiss Aviation Vendor | HUBC Stock News (stocktitan.net)
https://www.stocktitan.net/news/HUBC/hub-wins-eu15-million-project-with-a-prominent-swiss-aviation-bbyxfjwri80o.html
HUB Cyber Security Ltd. (Nasdaq: HUBC) has secured a framework agreement with a prominent Swiss aviation vendor for a project spanning over 3 years with an initial scope of approximately EURO 15.5 million, potentially expanding in scope and service revenues. The agreement involves providing solutions and services for cyber data security and ongoing systems safety and reliability analysis for an advanced electric and hydrogen powered, vertical-take-off-and-landing (VTOL) airplane. HUB CEO, Noah Hershcoviz, expressed confidence in the company's core technology and its potential for additional wins and announcements in the near future, aiming to secure long-term investors' confidence in the brand.
with the blessing of the SEC
Great news gets a pop at the release PR then a pull back and it doesn't look like just a taking profits event. It is amazing to me how the manipulation is just blatantly allowed. This could not have been a buy on the rumor and sell on the news even since it was totally unexpected. The contract is worth $25 mill by itself. The market cap right now is $22,5 mill. Help make sense of the SP action?????? Especially with the following excerpt.
"... framework agreement signed for 3yrs term w/ potential 24mo extension... expected Hub’s share of revenue will exceed $25m within the year and a half."
"Noah Hershcovitz, HUB’s Chief Strategy Officer, commented on collaboration: “Our partnership w/ Blackswan is expected to yield significant increase in our customer pipeline as they are prominent in the banking, credit and investment communities – all major sectors – that have a cyber security hole that we know how to fill. This is an initial step towards an expansion on both clientele and new geographies for HUB’s business.”
https://www.globenewswire.com/news-release/2023/12/01/2789254/0/en/HUB-Security-and-Blackswan-Technologies-to-collaborate-on-providing-a-Cyber-enterprise-solution-for-one-of-largest-EU-banks.html
I got my ballots today for the HUBC Dec 4th meeting & I voted for it. As we all know the previous RS vote carried. It's approved for a 1:10 to 1:20 This drops the RS down to 1:2 to 1:20 My view is if there is gonna be a RS or a RS plan to get an approved to get the extension 1:2 is better than 1:10
totally agree I wish they would release the H1 BTW did anyone tell the new CFO it is the end of NOV and we still haven't gotten it. Plus, new CFO give us some news like one just one thing HUBC protected or one country. Ya know some concrete news. Then there is no need for a RS because this will fly way beyond $1
JMHO I never like RS & I will vote against it. On stocktwits people feel that they will apply for an extension. But I’m not confident in the management thus far. Plus I worry they may not even ask for the extension????They cant even get the email formatted correctly & do nothing to fix it. Yesterday was the new CFO first day I had hoped we would get good news this week.
$HUBC Please read...Rebuilding Confidence: HUB Security’s Renewed Focus on Product Led Growth and Strategic Alliances https://www.msn.com/en-us/news/news/rebuilding-confidence-hub-security%E2%80%99s-renewed-focus-on-product-led-growth-and-strategic-alliances/ar-AA1k5hf0
All questions were approved except the lady did not get the votes, but the RS was approved. Look for red today.
No information about the meeting has been issued. I suspect they did not get enough votes from the shareholders.
Hub Security Forecasts Over $10 Million in New Contracts in 2024 from a Key Contract with Top US Enterprise AI Firm in Groundbreaking Big4 Project
https://www.stocktitan.net/news/HUBC/hub-security-forecasts-over-10-million-in-new-contracts-in-2024-from-osv6ptf5dic5.html
$HUBC For those of you that have not signed up for their email alerts here is the link https://investors.hubsecurity.com/email-alerts
HUB Cyber Security, the next big thing in cybersecurity?
https://www.marketbeat.com/originals/hub-cyber-security-the-next-big-thing-in-cybersecurity/
Hub Security Announces New CFO, a Key Appointment in Its Leadership Team
https://finance.yahoo.com/news/hub-security-announces-cfo-key-113500786.html
The appointment will be effective from November 19, 2023. Kobi Levi, a finance executive with over 20 years of experience in global businesses, has been appointed as the Chief Financial Officer (CFO) of Hub Security. Levi's extensive background includes working with high-profile tier-one tech companies such as Apple, Netflix, and Amazon.
HUB Cyber Security, the next big thing in cybersecurity? - MarketBeat
https://stocktwits.com/notifications
HUB Cyber Security Signs an LOI to Acquire a Strategic Product Developer Cyber Security Company
https://finance.yahoo.com/news/hub-cyber-security-signs-loi-142100083.html
WE are now moving in the right direction BUT still far from what the true value is and what the SP should be. Right now we are going along like the little engine that could and will
We are in for an early day November 3, 2023, the SHM will be held at 9:00 a.m. Israel time which is 1 am Central. Does anyone know if they are going to live stream the meeting? How will we find out how the vote goes?
https://investors.hubsecurity.com/node/7256/html#ea186345ex99-1_hubcyber.htm
Questions (#2 is about RS) for The Annual Meeting is being called for the following purposes:
1. To re-elect each of Beth Michelson, Ilan Flato and Noah Hershcoviz as a Class I Director of the Board of Directors of the Company (the “Board” or the “Board of Directors”), to serve until the 2026 annual general meeting of shareholders and until his or her successor has been duly elected and qualified, or until his or her office is vacated in accordance with the Company’s Articles of Association or the Israel Companies Law, 5759-1999 (the “Israel Companies Law”).
2. To authorize our Board of Directors to effect a reverse share split of all of our ordinary shares, no par value each, at a ratio in the range of 1-for-10 to 1-for-20, with the final ratio and effective date to be determined by the Board, and to approve amendments to the Company’s Articles of Association and Memorandum of Association.
3. To approve a new compensation policy for the Company’s directors and officers.
4. To approve the compensation payable to the Company’s current and future directors.
5. To approve the compensation payable to the Company’s Chief Executive Officer.
6. To approve the reappointment of Kost Forer Gabbay & Kasierer, a member of Ernst & Young Global, as the Company’s independent registered public accounting firm until the next annual meeting of shareholders, and to authorize the Board of Directors, to fix the remuneration of said accounting firm or to delegate such authority to the Audit Committee of the Board as contemplated by the Sarbanes-Oxley Act of 2002.
7. To discuss the Company’s audited financial statements for the year ended December 31, 2022.
I hope you're right or at least we break and keep above .80
We already do have contracts with Israel as well as other countries. I am expecting there will be many more since we are the only ones that do the depth of cyber protections we do
$HUBC HUB Cyber Security Ltd. Participates in Strengthening Israel's Digital Defenses Amidst Escalating Cyber Threats
https://newsdirect.com/news/hub-cyber-security-ltd-participates-in-strengthening-israels-digital-defenses-amidst-escalating-cyber-threats-336966148
This already happened 3/1/23 AND PM that day is when the illegal manipulations started. No trading was to start till the bell rang buy HUBC but some platforms started letting NON retail trade and they ran the SP down to $2 or $3 Then the ex pre-merger CEO was found out to have put about 750K on his expense report to do home remolding for a home office during covid. The bad guys in the market took that and have beaten that dead dog like crazy again to keep SP down. The SP is very undervalued. As for the person that mentioned Moon Market he is probably aware of the manipulation for this stock. Plus, they are headquartered in Israel with many retired Israeli government people working for them. They do have contracts with the Israel government, So I am sure they are very busy now and unable to do any PR or marketing.
If you notice the trading has not halted which may mean the Tute's are buying. I may be wrong, but I think they are in cahoots with the powers that be especially regarding halting trading.
IMHO this is truly a huge breakout with much more room to grow - this may be just the start. Many defense and cyber defense, cyber security related stocks are spiking, and I think will spike for several days and weeks.
agreed
NEWS Hub Security Provides Company Updates: Strengthening Our Commitment to Excellence
https://www.stocktitan.net/news/HUBC/hub-security-provides-company-updates-strengthening-our-commitment-45zh7tqmkawj.html
HUBC 6K today
ttps://hubsecurity.gcs-web.com/node/7226/html#ea184207ex99-1_hubcyber.htm