HUBCZ

MtGloomy0420

Noted... glad you said that. 4:21 PM EDT, June 03, 2026 (Benzinga Newswire) Hub Cyber Security Ltd. (NASDAQ:[HUBC](https://www.benzinga.com/quote/HUBC)) ("HUB Security" or the "Company"), a global provider of confidential computing and secured data fabric technologies, today announced a 1-for-20 reverse share split of its ordinary shares, no par value per share (the "Ordinary Shares"). The reverse share split and corresponding share capital adjustment will become effective at 11:59 p.m. Eastern Time on Friday, June 5, 2026. The Ordinary Shares will begin trading on a split-adjusted basis on The Nasdaq Stock Market LLC ("Nasdaq") at the open of business on Monday, June 8, 2026, under the existing trading symbol "HUBC," but the Ordinary Shares will trade under a new CUSIP number, M6000J192. HUB Security's outstanding warrants will continue to be traded under the symbols "HUBCW" and "HUBCZ" and the CUSIP numbers for such warrants will remain unchanged. https://preview.redd.it/i6rxwfbgp45h1.png?width=769&format=png&auto=webp&s=767a2503c7506f48b1675341d934540f2c786953

SPAC_Time

[HUB Announces 1-for-20 Reverse Share Split on June 8, 2026](https://www.sec.gov/Archives/edgar/data/1905660/000121390026064732/ea029342301ex99-1.htm) "Tel-Aviv, Israel – June 3, 2026 – Hub Cyber Security Ltd. (Nasdaq: HUBC) (“HUB Security” or the “Company”), a global provider of confidential computing and secured data fabric technologies, today announced a 1-for-20 reverse share split of its ordinary shares, no par value per share (the “Ordinary Shares”). The reverse share split and corresponding share capital adjustment will become effective at 11:59 p.m. Eastern Time on Friday, June 5, 2026. The Ordinary Shares will begin trading on a split-adjusted basis on The Nasdaq Stock Market LLC (“Nasdaq”) at the open of business on Monday, June 8, 2026, under the existing trading symbol “HUBC,” but the Ordinary Shares will trade under a new CUSIP number, M6000J192. HUB Security’s outstanding warrants will continue to be traded under the symbols “HUBCW” and “HUBCZ” and the CUSIP numbers for such warrants will remain unchanged." "**As of the date hereof, the Company had 66,603,152 Ordinary Shares issued and outstanding, which, following the effectiveness of the reverse share split, will result in 3,330,157 Ordinary Shares outstanding on a post-split basis (taking into effect the settlement of fractional shares).**" The above was filed with SEC today. Press release is dated June 3, from Tel Aviv, so PR on newswires may follow tomorrow or later today. Note that HUB apparently issued about 65 million new shares in the six weeks since announcing the 1 for 50 reverse split on April 16, since as of today's date HUB says they have 66.6 million ordinary shares.

MtGloomy0420

While I don't disagree with the premise behind the synthetic shares... $HUBC just went through two reverse splits, major price increases and share issuance, then the market driving it back down to $.10 because it's risking being delisted. It's got every red flag a publicly listed company can have. If you look at the SEC filings, you will see a lot of Schedule 13G forms getting filed. This is \*\*highly\*\* unusual for a stock like $HUBC. I've followed this stock for the better part of 2yrs. [https://www.sec.gov/edgar/search/#/ciks=0001905660&entityName=Hub%2520Cyber%2520Security%2520Ltd.%2520(HUBC%252C%2520HUBCZ%252C%2520HUBCW)%2520(CIK%25200001905660)](https://www.sec.gov/edgar/search/#/ciks=0001905660&entityName=Hub%2520Cyber%2520Security%2520Ltd.%2520(HUBC%252C%2520HUBCZ%252C%2520HUBCW)%2520(CIK%25200001905660))