SAN DIEGO, Aug. 23, 2023 (GLOBE NEWSWIRE) — Robbins LLP reminds investors that a shareholder filed a class action on behalf of investors who (1) acquired HUB Cyber Security Ltd. (NASDAQ: HUBC) securities pursuant to/or traceable to the Offering Documents issued in connection with the merger with Mount Rainier or (2) acquired Mount Rainier or HUB Cyber Security Ltd. securities between March 23, 2022 and June 13, 2023. Legacy HUB was founded in 2017 by veterans of the elite Unit 8200 and Unit 81 of the Israeli Defense Forces and described itself as having “developed unique technology and products in the field of Confidential Computing, and it intends to be a significant player providing effective cybersecurity solutions for a broad range of government entities, enterprises and organizations.”
For more information, submit a form, email Aaron Dumas, Jr., or give us a call at (800) 350-6003.
What is this Case About: HUB Cyber Security Ltd. (HUBC) Made Misleading Statements in its Offering Documents Regarding its Business Prospects
According to the complaint, Mount Rainier was a special purpose acquisition company that merged with HUB Cyber Security (Israel) Ltd. The…
