{"id":952122,"date":"2026-04-16T11:41:30","date_gmt":"2026-04-16T15:41:30","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/hub-announces-reverse-share-split-3\/"},"modified":"2026-04-16T11:41:30","modified_gmt":"2026-04-16T15:41:30","slug":"hub-announces-reverse-share-split-3","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/hub-announces-reverse-share-split-3\/","title":{"rendered":"HUB Announces Reverse Share Split"},"content":{"rendered":"<div class=\"mw_release\">\n<p>TEL AVIV, Israel, April  16, 2026  (GLOBE NEWSWIRE) &#8212; Hub Cyber Security Ltd. (Nasdaq: HUBC) (\u201cHUB Security\u201d or the \u201cCompany\u201d), a global provider of confidential computing and secured data fabric technologies, today announced a 1-for-50 reverse share split of its ordinary shares, no par value per share (the \u201cOrdinary Shares\u201d). The Ordinary Shares will begin trading on a split-adjusted basis on The Nasdaq Stock Market LLC (\u201cNasdaq\u201d) at the open of business on Monday, April 20, 2026, under the existing trading symbol \u201cHUBC,\u201d however the Ordinary Shares will trade under a new CUSIP number, M6000J184. HUB Security\u2019s outstanding warrants will continue to be traded under the symbols \u201cHUBCW\u201d and \u201cHUBCZ\u201d and the CUSIP numbers for such warrants will remain unchanged.<\/p>\n<p>As a result of the reverse share split, every 50 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, 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\u2019s percentage ownership interest in the Company\u2019s issued and outstanding Ordinary Shares, except for such minor adjustments that may result from the treatment of fractional shares. As of the date hereof, the Company had 64,102,600 Ordinary Shares issued and outstanding, which, following the effectiveness of the reverse share split, will result in 1,282,052 Ordinary Shares outstanding on a post-split basis (taking into effect the settlement of fractional shares).<\/p>\n<p>The reverse share split will also affect the Company\u2019s derivative securities, including outstanding notes, options, warrants and restricted share units (collectively, the \u201cOutstanding Equity Rights\u201d). 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.<\/p>\n<p>The Company believes the reverse share split will increase the per share trading price of the Ordinary Shares and enable the Company to maintain compliance with the minimum bid price requirement in Nasdaq Listing Rule 5450(a)(1).<\/p>\n<p>Additional information regarding the reverse share split can be found in the Company\u2019s proxy statement furnished to the Securities and Exchange Commission on April 7, 2026.<\/p>\n<p>For further information or inquiries, please contact:\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=nNgqMmASw4ygpQwJvVBSqXNnIOFtTKQeOS8o3LLTYLG_LuAqVy6obpUlBK0v9XMI3d2g-_EjWtw0n7ZJrmv71xBWRDp5GPXzm_-HL-X_GWxM_FzGtaMzWQeWPEgBZoEWDUgGVqO77syiZ-X9hv2zmoc9Dqw2gUArvLnHdlDKGGXZY1RpAQbtXqBNH7HkXg2P52koKFhxRhYuVJSj0yJaaBfbTLfS8jRy3ztiE6r7WW-kc0PEfOHCR6phUjGbRlJI3gxRTrs7k-0ERpsaJCN7QA==\" rel=\"nofollow\" target=\"_blank\"><u>info@hubsecurity.com<\/u><\/a><\/p>\n<p>\n        <strong>About HUB Security Ltd.<\/strong>\n      <\/p>\n<p>HUB Cyber Security Ltd. (Nasdaq: HUBC) is a global leader in confidential computing, AI-driven data fabric, and cybersecurity. HUB\u2019s Secured Data Fabric (SDF) empowers organizations to virtualize, secure, and analyze sensitive data across borders and silos generating real-time intelligence while meeting the highest regulatory standards. With operations across North America, Europe, and Israel, HUB partners with Fortune 100 companies, global banks, and sovereign institutions to secure the next generation of digital infrastructure.<\/p>\n<p>\n        <strong>Forward-Looking Statements<\/strong>\n      <\/p>\n<p>This press release contains forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by words such as \u201cplan,\u201d \u201cbelieve,\u201d \u201cexpect,\u201d \u201canticipate,\u201d \u201cintend,\u201d \u201coutlook,\u201d \u201cestimate,\u201d \u201cfuture,\u201d \u201cforecast,\u201d \u201cproject,\u201d \u201ccontinue,\u201d \u201ccould,\u201d \u201cmay,\u201d \u201cmight,\u201d \u201cpossible,\u201d \u201cpotential,\u201d \u201cpredict,\u201d \u201cseem,\u201d \u201cshould,\u201d \u201cwill,\u201d \u201cwould\u201d and other similar words and expressions, but the absence of these words does not mean that a statement is not forward-looking.<\/p>\n<p>The forward-looking statements are based on the current expectations of the management of HUB Security, as applicable, and are inherently subject to uncertainties and changes in circumstances and their potential effects and speak only as of the date of such statement. There can be no assurance that future developments will be those that have been anticipated. These forward-looking statements involve a number of risks, uncertainties, or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those discussed and identified in public filings made with the SEC by the HUB Security and the following: (i) significant uncertainty regarding the adequacy of HUB\u2019s liquidity and capital resources and its ability to repay its obligations as they become due; (ii) the war between Israel and Hamas commenced in October 2023, which may harm Israel\u2019s economy and HUB\u2019s business; (iii) expectations regarding HUB\u2019s strategies and future financial performance, including its future business plans or objectives, prospective performance and opportunities and competitors, revenues, products and services, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and HUB\u2019s ability to invest in growth initiatives and pursue acquisition opportunities; (iv) the outcome of any legal or regulatory proceedings against HUB in connection with our previously announced internal investigation or otherwise; (v) the ability to meet stock exchange continued listing standards and remain listed on the Nasdaq; (vi) competition, the ability of HUB to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (vii) limited liquidity and trading of HUB\u2019s securities; (viii) geopolitical risk, including military action and related sanctions, and changes in applicable laws or regulations; (ix) the possibility that HUB may be adversely affected by other economic, business, and\/or competitive factors; and (x) other risks and uncertainties set forth in the sections entitled \u201cRisk Factors\u201d and \u201cCautionary Statement Regarding Forward-Looking Statements\u201d in HUB\u2019s Annual Report on Form 20-F filed on May 1, 2025. Should one or more of these risks or uncertainties materialize or should any of the assumptions made by the management of HUB prove incorrect, actual results may vary in material respects from those expressed or implied in these forward-looking statements.<\/p>\n<p>All subsequent written and oral forward-looking statements concerning the business combination or other matters addressed in this press release and attributable to HUB Security or any person acting on their behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in the press release. Except to the extent required by applicable law or regulation, HUB Security undertakes no obligation to update these forward-looking statements to reflect events or circumstances after the date of this press release to reflect the occurrence of unanticipated events.<\/p>\n<p>\n        <strong>Investor Relations<\/strong>\n      <\/p>\n<p>Lytham Partners<\/p>\n<p>Ben Shamsian<\/p>\n<p>646-829-9701<\/p>\n<p>shamsian@lythampartners.com<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTY5MTI5MCM3NTM5NTQzIzIyNTY1MTI=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/YWNmZjc0MGEtZWQ1OS00ZTkwLTg2MmItYzBlNmMwM2EwNTY1LTEyNjgwNjEtMjAyNi0wNC0xNi1lbg==\/tiny\/HUB-Cyber-Security-Ltd.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>TEL AVIV, Israel, April 16, 2026 (GLOBE NEWSWIRE) &#8212; Hub Cyber Security Ltd. (Nasdaq: HUBC) (\u201cHUB Security\u201d or the \u201cCompany\u201d), a global provider of confidential computing and secured data fabric technologies, today announced a 1-for-50 reverse share split of its ordinary shares, no par value per share (the \u201cOrdinary Shares\u201d). The Ordinary Shares will begin trading on a split-adjusted basis on The Nasdaq Stock Market LLC (\u201cNasdaq\u201d) at the open of business on Monday, April 20, 2026, under the existing trading symbol \u201cHUBC,\u201d however the Ordinary Shares will trade under a new CUSIP number, M6000J184. HUB Security\u2019s outstanding warrants will continue to be traded under the symbols \u201cHUBCW\u201d and \u201cHUBCZ\u201d and the CUSIP numbers for such warrants will remain unchanged. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/hub-announces-reverse-share-split-3\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;HUB Announces Reverse Share Split&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-952122","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>HUB Announces Reverse Share Split - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/hub-announces-reverse-share-split-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HUB Announces Reverse Share Split - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"TEL AVIV, Israel, April 16, 2026 (GLOBE NEWSWIRE) &#8212; Hub Cyber Security Ltd. (Nasdaq: HUBC) (\u201cHUB Security\u201d or the \u201cCompany\u201d), a global provider of confidential computing and secured data fabric technologies, today announced a 1-for-50 reverse share split of its ordinary shares, no par value per share (the \u201cOrdinary Shares\u201d). The Ordinary Shares will begin trading on a split-adjusted basis on The Nasdaq Stock Market LLC (\u201cNasdaq\u201d) at the open of business on Monday, April 20, 2026, under the existing trading symbol \u201cHUBC,\u201d however the Ordinary Shares will trade under a new CUSIP number, M6000J184. HUB Security\u2019s outstanding warrants will continue to be traded under the symbols \u201cHUBCW\u201d and \u201cHUBCZ\u201d and the CUSIP numbers for such warrants will remain unchanged. &hellip; Continue reading &quot;HUB Announces Reverse Share Split&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/hub-announces-reverse-share-split-3\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-16T15:41:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTY5MTI5MCM3NTM5NTQzIzIyNTY1MTI=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hub-announces-reverse-share-split-3\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hub-announces-reverse-share-split-3\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"HUB Announces Reverse Share Split\",\"datePublished\":\"2026-04-16T15:41:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hub-announces-reverse-share-split-3\\\/\"},\"wordCount\":1056,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hub-announces-reverse-share-split-3\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTY5MTI5MCM3NTM5NTQzIzIyNTY1MTI=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hub-announces-reverse-share-split-3\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hub-announces-reverse-share-split-3\\\/\",\"name\":\"HUB Announces Reverse Share Split - 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(Nasdaq: HUBC) (\u201cHUB Security\u201d or the \u201cCompany\u201d), a global provider of confidential computing and secured data fabric technologies, today announced a 1-for-50 reverse share split of its ordinary shares, no par value per share (the \u201cOrdinary Shares\u201d). The Ordinary Shares will begin trading on a split-adjusted basis on The Nasdaq Stock Market LLC (\u201cNasdaq\u201d) at the open of business on Monday, April 20, 2026, under the existing trading symbol \u201cHUBC,\u201d however the Ordinary Shares will trade under a new CUSIP number, M6000J184. HUB Security\u2019s outstanding warrants will continue to be traded under the symbols \u201cHUBCW\u201d and \u201cHUBCZ\u201d and the CUSIP numbers for such warrants will remain unchanged. &hellip; Continue reading \"HUB Announces Reverse Share Split\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/hub-announces-reverse-share-split-3\/","og_site_name":"Market Newsdesk","article_published_time":"2026-04-16T15:41:30+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTY5MTI5MCM3NTM5NTQzIzIyNTY1MTI=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hub-announces-reverse-share-split-3\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hub-announces-reverse-share-split-3\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"HUB Announces Reverse Share Split","datePublished":"2026-04-16T15:41:30+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hub-announces-reverse-share-split-3\/"},"wordCount":1056,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hub-announces-reverse-share-split-3\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTY5MTI5MCM3NTM5NTQzIzIyNTY1MTI=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hub-announces-reverse-share-split-3\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/hub-announces-reverse-share-split-3\/","name":"HUB Announces Reverse Share Split - 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