Jul. 1 at 10:08 PM
$HUBC 1.8 million shares priced at
$1.56. 29.8 million in warrants "on a cash or cashless basis" priced at
$0.001 which represents the risk premium awarded to the holders. Looks like this is contingent on shareholder approval but I wouldn't bank on them needing it since they have the qualified offering filed at the end of 2025.
https://www.sec.gov/Archives/edgar/data/1905660/000121390026074019/ea0296630-6k_hubcyber.htm
...the Purchase Price divided by
$1.560 per share, the closing price of the Ordinary Shares on the Nasdaq Stock Market on June 24, 2026. As aggregate consideration under the Purchase Agreements, the Company issued 31,623,000 Consideration Shares...
... Accordingly, at the closing the Company issued an aggregate of 1,794,901 Ordinary Shares and issued Pre-Funded Warrants exercisable for an aggregate of 29,828,099 Ordinary Shares....
Each Pre-Funded Warrant has an exercise price of
$0.001 per Ordinary Share, may be exercised on a cash or cashless basis,.
