HUB Cyber Security (NASDAQ: HUBC) (“HUB Security”), a developer of confidential computing cybersecurity solutions and services, has released a statement regarding recent press reports about a settlement with Oppenheimer & Co. The statement reads, “The company confirms that it is making progress towards reaching a settlement regarding a $12 million dispute. The settlement process is moving forward with Oppenheimer & Co. to resolve the claims related to unpaid fees for SPAC merger-related services.”
To view the full press release, visit https://ibn.fm/veQyL
About HUB Security Ltd.
HUB Cyber Security (“HUB Security”) was established in 2017 by veterans of the elite intelligence units of the Israeli Defense Forces. The company specializes in unique cybersecurity solutions protecting sensitive commercial and government information. The company debuted an advanced encrypted computing solution to prevent hostile intrusions at the hardware level while introducing a novel set of data theft prevention solutions. HUB Security operates in over 30 countries and provides innovative cybersecurity computing appliances as well as a wide range of cybersecurity services worldwide. For further information or inquiries, contact info@hubsecurity.com.
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