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6-K: Report of foreign private issuer [Rules 13a-16 and 15d-16]

6-K: Report of foreign private issuer [Rules 13a-16 and 15d-16]

6-K:外国发行人报告
美股SEC公告 ·  2024/12/31 07:02

Moomoo AI 已提取核心信息

HUB Cyber Security has successfully restructured $7 million of its secured debt with United Mizrahi Tefahot Bank through a settlement agreement signed on December 19, 2024. The restructured amount represents over 60% of the company's secured debt through its subsidiary Comsec Ltd. Under the agreement, principal payments are deferred until June 2025, aligning with expected free cash flow generation.The company is in advanced negotiations to refinance its remaining secured debt, with completion expected in Q1 2025. This restructuring enhances liquidity and enables the company to focus on scaling operations. CEO Noah Hershcoviz emphasized that this milestone demonstrates HUB's stability and ability to execute financial strategies aligned with business goals.The debt restructuring is part of HUB's broader strategy to settle or extend most of its outstanding debt to achieve financial stability. The company, established in 2017 by Israeli Defense Forces veterans, specializes in advanced cybersecurity solutions and operates in over 30 countries, providing encrypted computing technologies and data theft prevention solutions.
HUB Cyber Security has successfully restructured $7 million of its secured debt with United Mizrahi Tefahot Bank through a settlement agreement signed on December 19, 2024. The restructured amount represents over 60% of the company's secured debt through its subsidiary Comsec Ltd. Under the agreement, principal payments are deferred until June 2025, aligning with expected free cash flow generation.The company is in advanced negotiations to refinance its remaining secured debt, with completion expected in Q1 2025. This restructuring enhances liquidity and enables the company to focus on scaling operations. CEO Noah Hershcoviz emphasized that this milestone demonstrates HUB's stability and ability to execute financial strategies aligned with business goals.The debt restructuring is part of HUB's broader strategy to settle or extend most of its outstanding debt to achieve financial stability. The company, established in 2017 by Israeli Defense Forces veterans, specializes in advanced cybersecurity solutions and operates in over 30 countries, providing encrypted computing technologies and data theft prevention solutions.
HUb 网络安全概念已成功通过与联合米兹拉希特法霍特 银行签署的和解协议重组700万美元的担保债务。重组金额占公司通过其子公司Comsec Ltd.的担保债务的60%以上。根据协议,本金支付将推迟到2025年6月,以符合预期的 自由现金流 产生。该公司正在与其剩余担保债务进行高级谈判,预计在2025年第一季度完成。这一重组提高了流动性,使公司能够专注于业务扩展。首席执行官诺亚·赫什科维茨强调,这一里程碑展示了HUB的稳定性和执行与 业务 目标一致的财务 策略 的能力。债务重组是HUB广泛 策略 的一部分,旨在解决或延长其大部分未偿还债务,以实现财务稳定。该公司成立于2017年,由以色列国防军退伍军人创办,专注于 爱文思控股 网络安全解决方案,并在30多个国家开展业务,提供加密计算技术和数据盗窃预防解决方案。
HUb 网络安全概念已成功通过与联合米兹拉希特法霍特 银行签署的和解协议重组700万美元的担保债务。重组金额占公司通过其子公司Comsec Ltd.的担保债务的60%以上。根据协议,本金支付将推迟到2025年6月,以符合预期的 自由现金流 产生。该公司正在与其剩余担保债务进行高级谈判,预计在2025年第一季度完成。这一重组提高了流动性,使公司能够专注于业务扩展。首席执行官诺亚·赫什科维茨强调,这一里程碑展示了HUB的稳定性和执行与 业务 目标一致的财务 策略 的能力。债务重组是HUB广泛 策略 的一部分,旨在解决或延长其大部分未偿还债务,以实现财务稳定。该公司成立于2017年,由以色列国防军退伍军人创办,专注于 爱文思控股 网络安全解决方案,并在30多个国家开展业务,提供加密计算技术和数据盗窃预防解决方案。
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