Mergers & Acquisitions ·
On August 4, 2026, Hub Cyber Security Ltd. entered into a share purchase agreement to sell 100% of its QPoint Group…
HUBCHub Cyber Security Ltd.
On August 4, 2026, Hub Cyber Security Ltd. entered into a share purchase agreement to sell 100% of its QPoint Group subsidiary to Martens Computer Consultants Ltd. and Malam Training Ltd. for approximately NIS 26.5 million ($8.7 million). The consideration is based on two times the agreed gross profit for fiscal year 2025, with the transaction structured as cash-free and debt-free. Proceeds are designated to repay substantially all debt secured by QPoint shares. Closing is contingent upon Israel Competition Authority clearance and other customary conditions. Hub Cyber Security Ltd. operates in the cybersecurity industry, providing confidential computing and AI-driven data fabric solutions.