HUB Security

10 stories about HUB Security
מנכ"ל האב סקיוריטי לשעבר אייל משה ו אלי רייפמן

Hub Security under investigation by Israel Securities Authority

27.04.23|Golan Hazani
The ISA's investigation has intensified due to a report that the cyber company is looking into misuse of company funds by former CEO Eyal Moshe
אייל משה מנכ"ל Hub Security

Hub Security investigating suspicions that founder and former CEO was embezzling company funds

20.04.23|Golan Hazani
Eyal Moshe was ousted in February by new CEO Uzi Moskowitz. The cyber company’s current market cap is just $118 million - a far cry from the $1.28 billion valuation at which its SPAC merger was signed
השקת האב סקיוריטי הישראלית ב נאסד"ק במרכז התמונה עוזי מוסקוביץ' מנכ"ל החברה

Hub Security valuation keeps falling as company fails to calm investors

30.03.23|Almog Azar
The company reached a market cap of $145 million, a far cry from the value at which it was supposed to go public
השקת האב סקיוריטי הישראלית ב נאסד"ק במרכז התמונה עוזי מוסקוביץ' מנכ"ל החברה

Nightmare on Wall Street: Hub Security’s value plummets after SPAC merger

06.03.23|Almog Azar
The cyber company's promises to issue on the Nasdaq at a value of $1.3 billion seem like a distant memory after its share price collapsed by more than 37% within three trading days, to a market cap of $157 million
אייל משה מנכ"ל Hub Security

A crack in the SPAC? Hub Security's SPAC merger in danger of falling through

05.02.23|Almog Azar
The Israeli cyber company postponed the completion date of its $1.28 billion SPAC merger to the end of the month after one of the anchor investors backtracked
אייל משה מנכ"ל Hub Security

Israeli cybersecurity startup HUB Security merging with SPAC at $1.28 billion valuation

HUB provides advanced encrypted computing solutions for companies and organizations aiming to prevent hostile intrusion and exposure of sensitive data
אייל משה מנכ"ל Hub Security

HUB Security acquires cybersecurity company Comsec for over $20 million

The merger between the Israeli companies will enable HUB to more than double its revenues, according to the company founded by veterans of the IDF's 8200 and 81 intelligence units
הסכם חתימה לחיצת יד זירת הנדלן

ALD merging with cybersecurity startup HUB Security

Merger to be followed by $65 million cash infusion from institutional investors, with new joint company to be valued at $105 million