Welcome to our dedicated page for Hub Cyber Security Israel news (Ticker: HUBC), a resource for investors and traders seeking the latest updates and insights on Hub Cyber Security Israel stock.
Hub Cyber Security Ltd. (Nasdaq: HUBC) is active in confidential computing, secured data fabric, and cybersecurity for regulated and institutional environments. The HUBC news page on Stock Titan aggregates company announcements, sponsored coverage, and regulatory updates so readers can follow how HUB’s technology, contracts, governance, and capital structure evolve over time.
Recent news highlights include the company’s decision to implement a 1-for-15 reverse share split of its ordinary shares, intended to support compliance with Nasdaq’s minimum bid price requirement. HUB has also reported governance and board updates, including the appointment of directors with backgrounds in banking, payments, national security, and capital markets, as well as the appointment of a new Chief Financial Officer to lead its global finance organization.
Operationally, HUB’s news flow features government and institutional contracts, such as a disclosed engagement with the Israeli Ministry of Interior executed through its Professional Services division, and an expanded relationship with a major European financial institution for application security testing and code review. The company has also communicated a multi-year deal with a major aerospace and defense manufacturer for a perpetual software license and support, and outlined its strategic mission to build trust infrastructure for identity, secure data, and regulated AI.
In addition, HUB publishes updates on financing arrangements, warrant term changes, insider share purchase plans, and the resolution of legacy litigation. By monitoring HUBC news, investors and observers can track developments in confidential computing products, secured data fabric deployments, regulated AI initiatives, institutional contracts, and capital markets actions. Bookmark this page to review the latest HUBC press releases, sponsored analyses, and SEC-linked disclosures in one place.
HUB Cyber Security (NASDAQ: HUBC) has secured new customer contracts worth over $1.5 million in Q1 2025, expanding its presence in regulated sectors including healthcare, financial services, and digital infrastructure. The company's core platform, Secured Data Fabric (SDF), provides zero-trust environments, encrypted data layers, and AI-driven compliance capabilities.
HUB reported that over 60% of its FY2024 revenue came from recurring contracts in financial services and critical infrastructure. The company is actively deploying solutions across North America and Europe, focusing on building long-term relationships with organizations requiring enhanced data protection and regulatory compliance.
HUB Cyber Security (NASDAQ: HUBC) has appointed Shlomo Bibas as an Independent Member of its Board of Directors, effective immediately. Bibas will serve on various board committees and chair the Compensation Committee.
Bringing over two decades of leadership experience in technology, cybersecurity, and corporate governance, Bibas currently serves as Senior Vice President of Operations and CTO at the Woodbridge Group. His previous roles include CIO at Celestica, a technology company with $9+ billion annual revenues, and SVP of Global Operations and CIO at Apotex. He began his career at Accenture, becoming a Partner in Systems Integration and High Technology practice in 2006.
The appointment aligns with HUB's global expansion strategy and commitment to enhancing corporate governance. CEO Noah Hershcoviz emphasized Bibas's experience in high-technology and market dynamics as important for delivering long-term shareholder value.
HUB Cyber Security (NASDAQ: HUBC) has appointed John Rogers as President of the Americas Region to spearhead its U.S. market expansion. The company plans to establish its U.S. headquarters this summer as part of its broader growth strategy across North America and the Americas.
Rogers brings 30 years of leadership experience in public policy, national security, and business strategy. His previous roles include Deputy Assistant Secretary of Defense, co-founder and CEO of Capstone National Partners, CEO of MV Transportation, and founder of RL Leaders. In his new position, Rogers will focus on engaging stakeholders across government agencies, financial institutions, enterprises, and municipalities to deliver HUB's confidential computing and data security solutions.
The appointment follows HUB's recent selection by Cassa di Risparmio, San Marino's oldest bank, with the company targeting multiple U.S. bank partnerships over the next 12-18 months. The expansion aims to strengthen HUB's market presence in delivering secured data fabric, confidential computing, and cybersecurity solutions across the Americas region.
HUB Cyber Security (NASDAQ: HUBC) has secured a €20 million contract with Cassa di Risparmio della Repubblica di San Marino S.p.A. to lead a comprehensive digital banking modernization project. The initiative, expected to be implemented by the end of 2025, includes:
- Core technology ecosystem transformation
- Regulatory compliance enhancement
- Advanced cybersecurity implementation
- Data center modernization
- Complete overhaul of core, mobile, and online banking platforms
The project, which remains subject to regulatory approvals and definitive agreement, will utilize HUB's secure, on-premise infrastructure model and secured data fabric solution. The selection was based on the solution's alignment with San Marino's regulatory requirements and its cost-effective, OPEX-driven financial approach.
Hub Cyber Security (HUBC) has announced a 1-for-10 reverse share split of its ordinary shares, effective March 28, 2025. Trading on the adjusted basis will begin on Nasdaq on March 31, 2025, under the same symbol 'HUBC' but with a new CUSIP number M6000J168.
The split will convert every 10 outstanding ordinary shares into one share, with fractional shares rounded down. The company's warrants (HUBCW and HUBCZ) will continue trading with unchanged CUSIP numbers. The split will also affect derivative securities, including notes, options, warrants, and restricted share units, with adjustments to maintain economic equivalence.
This strategic move aims to increase the per-share trading price and help HUBC regain compliance with Nasdaq's minimum bid price requirement under Listing Rule 5450(a)(1).
HUB Cyber Security (NASDAQ: HUBC) announced a significant leadership change as Renah Persofsky takes over as Active Chairperson of the Board, effective March 25, 2025. She succeeds Kasbian Nuriel Chirich, who steps down for personal reasons but remains as a director.
Persofsky, who joined HUB's board in November 2024, brings over 40 years of executive leadership experience across financial services, e-commerce, consumer goods, and emerging technologies. She currently serves as Executive Chair of Green Gruff and Vice-Chair of Tilray Brands, while holding board positions at Hydrofarm Holdings Group and Greenlane Holdings.
The appointment aims to strengthen HUB's corporate governance and support its mission to become a leader in global cybersecurity and core-banking platforms. Persofsky's background includes executive roles at Bank of Montreal and advisory positions with major institutions like Tim Hortons, Canadian Tire, CIBC, Canada Post, and Interac.
HUB Cyber Security (NASDAQ: HUBC) has received a 14-day extension from the Nasdaq Hearings Panel to meet the minimum bid price requirement. The company now has until April 14, 2025, to achieve 10 consecutive trading days with a share price of at least $1.
The Panel's decision was influenced by HUB's compliance with the Market Value of Listed Securities (MVLS) requirements and a review of the company's recent developments. CEO Noah Hershcoviz views this extension as a sign of the Panel's confidence in HUB's achievements and its pathway to maintaining Nasdaq listing.
HUB Cyber Security (NASDAQ: HUBC) has secured continued listing on the Nasdaq Stock Market following a review by the Nasdaq Hearings Panel on February 6, 2025. The Panel's decision came after HUBC successfully brought its market value of listed securities (MVLS) above the $35 million minimum requirement on February 7, 2025.
To maintain its listing, HUBC must meet two key conditions:
- File an application to transfer to The Nasdaq Capital Market by March 5, 2025
- Demonstrate compliance with minimum bid price and MVLS requirements by March 31, 2025
The company, specializing in confidential computing and secured data fabric technology, expects to fully meet these requirements by the specified deadline to maintain uninterrupted trading on Nasdaq.