Hub Cyber Security Secures Up to $2M in Convertible Notes
Ticker: HUBCZ · Form: 6-K · Filed: Sep 3, 2025 · CIK: 1905660
| Field | Detail |
|---|---|
| Company | Hub Cyber Security LTD. (HUBCZ) |
| Form Type | 6-K |
| Filed Date | Sep 3, 2025 |
| Risk Level | medium |
| Pages | 9 |
| Reading Time | 11 min |
| Key Dollar Amounts | $20,000,000, $8,640,625, $7,718,750, $4,625,000, $2,187,500 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financing, convertible-notes, capital-raise
TL;DR
HUB Cyber Security raises up to $2M via convertible notes.
AI Summary
On August 27, 2025, Hub Cyber Security Ltd. entered into a securities purchase agreement for the issuance of subordinated convertible notes totaling up to $2 million to accredited investors. The company is incorporated in Israel and its principal executive offices are located in Tel Aviv.
Why It Matters
This financing could provide Hub Cyber Security with crucial capital to fund its operations and growth initiatives, potentially impacting its ability to execute its business strategy.
Risk Assessment
Risk Level: medium — The company is raising capital through convertible notes, which can dilute existing shareholders and indicates a potential need for funding.
Key Numbers
- $2M — Convertible Notes Financing (Aggregate original principal amount to be issued to accredited investors.)
Key Players & Entities
- Hub Cyber Security Ltd. (company) — Registrant
- August 27, 2025 (date) — Date of securities purchase agreement
- $2 million (dollar_amount) — Aggregate original principal amount of convertible notes
- Tel Aviv (location) — Principal executive offices location
FAQ
What is the purpose of the subordinated convertible notes?
The filing does not explicitly state the purpose of the subordinated convertible notes, but such financing is typically used for general corporate purposes, including funding operations and growth.
Who are the accredited investors purchasing the notes?
The filing refers to 'certain accredited investors' but does not name them specifically.
What are the terms of the subordinated convertible notes?
The filing states they are 'subordinated convertible notes' with an 'aggregate original principal amount of up to $2 million', but specific interest rates, maturity dates, or conversion terms are not detailed in this excerpt.
What is the company's fiscal year end?
The company's fiscal year end is December 31 (1231).
When did the company change its former name?
The company changed its former name from Hub Cyber Security (Israel) Ltd. on January 20, 2022 (20220120).
Filing Stats: 2,837 words · 11 min read · ~9 pages · Grade level 13.2 · Accepted 2025-09-03 16:09:49
Key Financial Figures
- $20,000,000 — gate original principal amount of up to $20,000,000 to be issued in multiple closings. Clos
- $8,640,625 — aggregate original principal amount of $8,640,625 for an aggregate purchase price of $7,7
- $7,718,750 — ,625 for an aggregate purchase price of $7,718,750 in cash and the exchange of the notes t
- $4,625,000 — resulted in aggregate cash proceeds of $4,625,000 and the exchange of notes issued by us
- $2,187,500 — 25 in the aggregate principal amount of $2,187,500. The August 2025 Notes issued in consid
- $25 million — sting senior indebtedness not to exceed $25 million in aggregate. They contain various rest
- $2.88 — lders at an initial conversion price of $2.88 per share, subject to anti-dilution adj
- $1.00 — ng the date of conversion, subject to a $1.00 floor price. If such conversion price i
- $5,000,000 — % of any subsequent placement exceeding $5,000,000 in the aggregate. 1 Upon events of d
- $3.60 — rants have an initial exercise price of $3.60 per share, subject to decrease on day 3
- $300,000 — placement agent consisted of a total of $300,000 in cash and the issuance of a warrant t
- $20 million — ed Private Placement Financing of up to $20 million to Scale-Up Enterprise Intelligence, Cr
- $11,000,000 b — ny in the aggregate principal amount of $11,000,000 by six months, until February 16, 2026. T
- $14,054,165 — ereon, for 100 cents on the dollar, for $14,054,165 (plus interest accrued after August 30,
- $1,500,000 — ertible note in the principal amount of $1,500,000. The note bears no interest and matures
Filing Documents
- ea0255848-6k_hubcyber.htm (6-K) — 44KB
- ea025584801ex99-1_hubcyber.htm (EX-99.1) — 18KB
- 0001213900-25-084039.txt ( ) — 63KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Hub Cyber Security Ltd. Date: September 3, 2025 By: /s/ Noah Hershcoviz Noah Hershcoviz Chief Executive Officer 5 EXHIBIT INDEX Exhibit Number Description 99.1 Press release entitled “HUB Cyber Security Signs Investor-Led Private Placement Financing of up to $20 million to Scale-Up Enterprise Intelligence, Crypto Infrastructure, and U.S. Expansion”, dated August 27, 2025. 6