IPO - Hub Cyber Security Ltd.

Form Type: F-1/A

Filing Date: 2024-12-31

Corporate Action: Ipo

Type: Update

Accession Number: 000121390024114101

Filing Summary: Hub Cyber Security Ltd. filed Amendment No. 1 to its Form F-1 registration statement on December 31, 2024. This amendment pertains to the proposed public offering of 1,891,847 ordinary shares and the resale of 77,317,147 ordinary shares and 11,687 warrants by selling securityholders. The amendment indicates that the company is an emerging growth company and has registered securities for delayed or continuous offerings under Rule 415, suggesting a strategy to access capital markets flexibly. The company, founded from a merger in 2021, focuses on developing technologies in the field of cybersecurity and has begun collaborating with BlackSwan Technology to enhance its offerings. The document highlights key financial details and potential risks, warning that large resale volumes could impact stock prices significantly. Hub Cyber Security's ordinary shares are traded on Nasdaq under symbols HUBC, HUBCW, and HUBCZ. It also mentions the effects of a share split and future expectations regarding market performance.

Document Link: View Document