HUB Cyber Security Reduces $5.7 Million Debt by 70%, Secures Additional Funding, Plans Long-Term Refinancing and Welcomes a New World-Class Board Member
Summary
Ms. Persofsky has served on multiple boards of both Nasdaq listed and unlisted private companies and brings extensive business experience, a strong financial background and strategic insights that will contribute significantly to HUB Securitys growth and vision. Her appointment will also strengthen the Companys corporate governance sector, and she will serve as an independent director on the Board.We look forward to her sage counsel, prudent guidance and the added value she will bring to our leadership team.Noah Hershcoviz, CEO of HUB Cyber Security, commented:These valuable achievements reflect HUB Securitys ongoing strength and strategic focus as we position the Company for sustainable growth and long-term success. Ms. Persofskys wealth of experience and keen financial and business oriented insights will enhance HUB Securitys corporate governance and provide the strategic vision necessary to guide the Company into the future. I am confident her valuable contributions will strengthen HUB Securitys foundation as we continue to grow, innovate, and lead the market in delivering cutting-edge cybersecurity solutions.I would also like to extend my heartfelt gratitude to Ms. Lior Lurye for her dedicated service and valuable contributions to HUB Security during her tenure on the Board. I want to thank our teams, investors, and partners for their trust and unwavering support as we continue this exciting journey together.HUB Cyber Security Ltd (HUB) was established in 2017 by veterans of the elite intelligence units of the Israeli Defense Forces.