Hub Cyber Security Powers Up: Major Debt Reduction, Fresh Investment, Board Change & More
Hub Cyber Security Powers Up: Major Debt Reduction, Fresh Investment, Board Change & More
In addition, the company has secured an additional $1 million investment from a private investor who has previously committed a total of $10 million to the company.Hub Cyber Security Ltd. (NASDAQ:HUBC) shares are trading higher on Friday.
Hub Cyber Security Ltd.（納斯達克:HUBC）的股票在週五上漲。
The company has reached an agreement with AGP to reduce its $5.7 million convertible note obligations by 70%, signaling a significant reduction in its overall debt.
該公司已經與AGP達成協議，將其570萬美元的可轉換票據義務減少70%，這標誌着其整體債務的顯著減少。
This effort is part of Hub Cyber Security's broader strategy to bolster its balance sheet and position itself for long-term success.
這一努力是Hub Cyber Security更廣泛策略的一部分，旨在增強其資產負債表，併爲長期成功定位。
In addition, the company has secured an additional $1 million investment from a private investor who has previously committed a total of $10 million to the company.
此外，公司還從一位之前已承諾投資1000萬美元的私人投資者那裏獲得了額外的100萬美元投資。
This capital infusion will support the company's growth and key initiatives heading into the end of the year. HUB Security is also in the process of refinancing another $7.5 million of debt into a long-term settlement, further strengthening its financial foundation.
這筆資本注入將支持公司在年末前的增長和關鍵項目。HUb Security也正在將另外750萬美元的債務再融資爲長期結算，進一步增強其財務基礎。
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Also, the company stated that Renah Persofsky will join its Board of Directors, replacing Lior Lurye. Persofsky has served on multiple boards of both Nasdaq-listed and unlisted private companies and brings vast business experience.
此外，公司表示Renah Persofsky將加入其董事會，接替Lior Lurye。Persofsky在多家上市和非上市私人公司的董事會任職，擁有豐富的業務經驗。
"As we move forward, HUB Security remains steadfast in its mission to deliver exceptional value to our stakeholders, drive innovation in Secured Data Fabric solutions, and expand our leadership in the global cybersecurity landscape," said Noah Hershcoviz, CEO of HUB Cyber Security.
HUb Cyber Security的首席執行官Noah Hershcoviz表示：「在前進的過程中，HUb Security始終堅定不移地致力於爲我們的利益相關者提供卓越的價值，推動安全數據架構解決方案的創新，並擴大我們在全球網絡安全領域的領導地位。」
Price Action: HUBC shares are trading higher by 4.29% to $0.5397 at last check Friday.
價格動態：HUBC股票在上週五的最後一次檢查時，價格上漲了4.29%，達到了$0.5397。
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譯文內容由第三人軟體翻譯。
