TSXV:RABI.H - Post by User
Post by
Loonyon Oct 06, 2023 9:00pm
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Post# 35674207
TSXV Company to become Alab!
TSXV Company to become Alab!TEL AVIV, Israel , March 15, 2023 /PRNewswire/ -- HUB Cyber Security Ltd (Nasdaq: HUBC), a developer of Confidential Computing cybersecurity solutions and services ("HUB" or the "Company"), announced today that the Israeli investment bank, A-Labs Advisory & Finance Ltd. ("ALabs"), has reaffirmed its irrevocable commitment to invest $20 million in HUB as an equity PIPE investment at $10 per share, previously made in connection with the Company's business combination. This commitment represents a significant premium to current market price.
https://money.tmx.com/en/quote/ALAB.P:APH
A-Labs commits to an irrevocable $20 million PIPE investment in HUB Cybersecurity at $10 per share
TheNewsWireMar 9, 2023 8:40 AM EST