UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO SECTION 13A-16 OR 15D-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of November 2023
Commission File Number: 001-41634
HUB
Cyber Security Ltd.
(Exact Name of Registrant as Specified in Its
Charter)
30 Ha’Masger St.
Tel Aviv 6721117, Israel
+972-3-924-4074
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.
Form
20-F ☒ Form 40-F ☐
CONTENTS
On November 1, 2023, the Board of Directors of
HUB Cyber Security Ltd. (the “Company”) appointed Kobi Levi, a finance executive with over 20 years of experience in global
businesses, to serve as the Chief Financial Officer of the Company.
In connection with the foregoing appointment, on November 2, 2023,
the Company issued a press release titled “Hub Security Announces New CFO, a Key Appointment in Its Leadership Team.” A copy
of this press release is attached to this Form 6-K as Exhibit 99.1.
The information in this Report on Form 6-K, including
in Exhibit 99.1 attached hereto, is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the
Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section,
nor shall it be deemed incorporated by reference in any filing made by the Company under the Securities Act of 1933, as amended, or the
Exchange Act, except as otherwise set forth herein or as shall be expressly set forth by specific reference in such a filing.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Hub Cyber Security Ltd. |
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Date: November 2, 2023 |
By: |
/s/ Uzi Moskovich |
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Uzi Moskovich |
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Chief Executive Officer |
EXHIBIT INDEX
3
Exhibit 99.1
Hub Security Announces New CFO, a Key Appointment
in Its Leadership Team
Tel-Aviv
Israel, November 2, 2023 - HUB Cyber Security Ltd (Nasdaq: HUBC), a developer of Confidential Computing cybersecurity solutions and services
("HUB Security" or the "Company"), is delighted to announce a significant addition to its leadership team. The appointment
will be effective from November 19, 2023. Kobi Levi, a finance executive with over 20 years of experience in global businesses, has been
appointed as the Chief Financial Officer (CFO) of Hub Security. Levi's extensive background includes working with high-profile tier-one
tech companies such as Apple, Netflix, and Amazon.
In his previous
role as CFO of Dori Media Group Ltd., Levi successfully managed the financial planning and analysis of the company, led M&A transactions,
fundraising efforts, and globalization procedures. He brings a proven track record of delivering growth and scale to businesses through
financial and strategic planning, making him a valuable asset to Hub Security's continued success.
"We
are excited to welcome Kobi Levi to Hub Security as our new CFO," said Uzi Moskowitz, CEO of Hub Security. "His wealth of experience
and expertise in financial management and strategic planning will undoubtedly strengthen our leadership team. Kobi's appointment reflects
our commitment to driving innovation and growth within our organization."
About HUB Security Ltd.
HUB
Cyber Security Ltd ("HUB Security") was established in 2017 by veterans of the elite intelligence units of the Israeli Defense
Forces. The Company specializes in unique Cyber Security solutions protecting sensitive commercial and government information. The company
debuted an advanced encrypted computing solution aimed at preventing hostile intrusions at the hardware level while introducing a novel
set of data theft prevention solutions. HUB Security operates in over 30 countries and provides innovative cybersecurity computing appliances
as well as a wide range of cybersecurity services worldwide.
Forward-Looking Statements
This press release contains forward-looking
statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995, including
statements about the anticipated benefits of the transaction, and the financial condition, results of operations, earnings outlook and
prospects of the combined company. Forward-looking statements are typically identified by words such as "plan," "believe,"
"expect," "anticipate," "intend," "outlook," "estimate," "future," "forecast,"
"project," "continue," "could," "may," "might," "possible," "potential,"
"predict," "seem," "should," "will," "would" and other similar words and expressions,
but the absence of these words does not mean that a statement is not forward-looking.
The forward-looking statements
are based on the current expectations of the management of HUB Security, as applicable, and are inherently subject to uncertainties and
changes in circumstances and their potential effects and speak only as of the date of such statement. There can be no assurance that future
developments will be those that have been anticipated. These forward-looking statements involve a number of risks, uncertainties or other
assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking
statements. These risks and uncertainties include, but are not limited to, those discussed and identified in public filings made with
the SEC by the HUB Security and the following: (i) expectations regarding HUB Security's strategies and future financial performance,
including its future business plans or objectives, prospective performance and opportunities and competitors, revenues, products and services,
pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and HUB Security's ability to
invest in growth initiatives and pursue acquisition opportunities; (ii) the outcome of any legal proceedings that may be instituted against
the combined company; (iii) the ability to meet stock exchange continued listing standards; (iv) the risk that the consummation of the
business combination disrupts HUB Security's current operations and future plans; (v) the ability to recognize the anticipated benefits
of the transaction, which may be affected by, among other things, competition, the ability of HUB Security to grow and manage growth profitably,
maintain relationships with customers and suppliers and retain its management and key employees; (vi) costs related to the transaction;
(vii) limited liquidity and trading of HUB Security’s securities; (viii) geopolitical risk, including military action and related
sanctions, and changes in applicable laws or regulations; (ix) the possibility that HUB Security may be adversely affected by other economic,
business, and/or competitive factors; (x) inaccuracies for any reason in the estimates of expenses and profitability and projected financial
information for HUB Security; and (xi) other risks and uncertainties set forth in the section entitled "Risk Factors" and "Cautionary
Note Regarding Forward-Looking Statements" in HUB Security’s final proxy statement/prospectus filed on December 5, 2022.
Should one or more of these risks
or uncertainties materialize or should any of the assumptions made by the management of HUB Security prove incorrect, actual results may
vary in material respects from those expressed or implied in these forward-looking statements.
All subsequent
written and oral forward-looking statements concerning the business combination or other matters addressed in this press release and
attributable to HUB Security or any person acting on their behalf are expressly qualified in their entirety by the cautionary statements
contained or referred to in press release. Except to the extent required by applicable law or regulation, HUB Security undertakes no
obligation to update these forward-looking statements to reflect events or circumstances after the date of this press release to reflect
the occurrence of unanticipated events.
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