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6-K: Report of foreign private issuer [Rules 13a-16 and 15d-16]

SEC announcement ·  Apr 24 20:03
Summary by Futu AI
On April 19, 2024, HUB Cyber Security Ltd., a developer of confidential computing cybersecurity solutions, issued a press release in response to a lawsuit filed by Dominion. The company, listed on Nasdaq as HUBC, described the lawsuit as frivolous and without merit, asserting it as an attempt to pressure the company amid a commercial dispute in a New York court. HUB Cyber Security has filed a counterclaim alleging misconduct by Dominion. Despite the legal challenges, HUB Cyber Security has recently raised over $8 million and acquired QPOINT, which generates annual revenues of more than $26 million. This acquisition aligns with HUB's strategic expansion and its growing pipeline of innovative solutions. The company remains committed to its business objectives, focusing on innovation, customer satisfaction, and market expansion. HUB Cyber Security, established by veterans of the Israeli Defense Forces, operates in over 30 countries, providing cybersecurity solutions and services. The company also highlighted its client, Rafael Advanced Defense Systems, and its role in Israel's national defense.
On April 19, 2024, HUB Cyber Security Ltd., a developer of confidential computing cybersecurity solutions, issued a press release in response to a lawsuit filed by Dominion. The company, listed on Nasdaq as HUBC, described the lawsuit as frivolous and without merit, asserting it as an attempt to pressure the company amid a commercial dispute in a New York court. HUB Cyber Security has filed a counterclaim alleging misconduct by Dominion. Despite the legal challenges, HUB Cyber Security has recently raised over $8 million and acquired QPOINT, which generates annual revenues of more than $26 million. This acquisition aligns with HUB's strategic expansion and its growing pipeline of innovative solutions. The company remains committed to its business objectives, focusing on innovation, customer satisfaction, and market expansion. HUB Cyber Security, established by veterans of the Israeli Defense Forces, operates in over 30 countries, providing cybersecurity solutions and services. The company also highlighted its client, Rafael Advanced Defense Systems, and its role in Israel's national defense.
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