HUB Cyber Security and Mount Rainier Announce Registration Statement Effectiveness and Special Meeting Date to Approve Business Combination

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Special Meeting Scheduled for December 30, 2022 with Expected Closing in January 2023 followed by Listing on Nasdaq at an estimated enterprise value of approximately $1.28 billion

TEL AVIV, Israel, Dec. 9, 2022 /PRNewswire/ — HUB Cyber Security (Israel) Limited (TASE: HUB), a developer of Confidential Computing cybersecurity solutions and services (“HUB” or the “Company“), announced that its registration statement on Form F-4 (the “Registration Statement“), in connection with its previously announced business combination (the “Business Combination“) with Mount Rainier Acquisition Corp. (“RNER“), has been declared effective by the U.S. Securities and Exchange Commission (the “SEC“) as of December 8, 2022.

RNER will hold a Special Meeting of Stockholders at 10:00 a.m. Eastern time on December 30, 2022, to approve the previously announced business combination with HUB. Stockholders of record at the close of business on November 18, 2022, will be entitled to receive notice of and to vote at the Special Meeting. The meeting will be held virtually over the internet by means of a live audio webcast available at: https://web.lumiagm.com/297859227 using the password…

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