HUB Cyber Security Ltd. will hold a Special General Meeting on April 20, 2026, for shareholders to vote on authorizing the Board to effect one or more reverse share splits with ratios ranging from 1-for-10 to 1-for-1,000.
Key takeaways
Shareholders will vote on authorizing the Board to implement reverse share splits with ratios from 1-for-10 to 1-for-1,000 to increase the market price per share.
The Board unanimously recommends voting 'FOR' the proposal, which aims to make shares more attractive to investors and maintain Nasdaq listing compliance.
The record date for voting eligibility is April 6, 2026, with approximately 31,379,985 ordinary shares outstanding as of that date.
A quorum requires at least 25% of voting power present, and approval requires a simple majority of shares voted on the proposal.
The company will bear all solicitation costs, and voting results will be reported in a subsequent Form 6-K filing with the SEC.