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Hub Cyber Security Boosts Financial Strength and Leadership

Hub Cyber Security Boosts Financial Strength and Leadership

11/29/2024
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Hub Cyber Security Boosts Financial Strength and Leadership

by Raxer X.
11/29/2024
in Cybersecurity in Trade, Security & Risk

Hub Cyber Security Ltd. (NASDAQ: HUBC) has rolled out several plans to enhance its financial situation and strategic focus. The company has agreed to cut its $5.7 million convertible debt by 70% and has secured an extra $1 million investment from a private supporter, improving its financial standing. They are also working on refinancing $7.5 million of their current debt into a long-term solution.

Moreover, Renah Persofsky has joined the board of directors, taking over from Lior Lurye, and she brings a wealth of experience to her new position. Following this news, HUBC shares rose by 4.29%.

Your source for supply chain report news updates: The Supply Chain Report. For international trade insights and tools, head to ADAMftd.com.

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  • Home
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  • Compliance
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    • Know Your Customer (KYC)
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© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.