0001213900-26-045384
SEC filingHUB Cyber Security Ltd. announced a 1-for-50 reverse share split effective April 20, 2026, reducing outstanding ordinary shares from 64,102,600 to 1,282,052 to increase the per share trading price and maintain Nasdaq compliance.
The reverse share split uniformly impacts all shareholders by consolidating 50 shares into one, preserving proportional ownership except for minor fractional share adjustments rounded down. This structural change applies proportionally to derivative securities like options, warrants, and restricted share units, adjusting exercise prices and share quantities to maintain economic equivalence. Ordinary shares will trade split-adjusted on Nasdaq starting April 20, 2026, retaining the HUBC symbol but adopting new CUSIP M6000J184, while warrants remain unaffected. The Company explicitly states this action addresses Nasdaq Listing Rule 5450(a)(1) minimum bid price compliance, a critical listing standard. Details are available in the April 7, 2026 proxy statement.