Mergers & Acquisitions ·
On July 21, 2026, Hub Cyber Security Ltd. closed on a transaction to purchase $4 million in Evofem Biosciences…
HUBCHub Cyber Security Ltd.
On July 21, 2026, Hub Cyber Security Ltd. closed on a transaction to purchase $4 million in Evofem Biosciences purchase rights for an aggregate consideration of $15.2 million, payable via the issuance of 590,107 ordinary shares and 9,543,226 pre-funded warrants at $1.50 per share equivalent. The company also engaged PR Capital Limited Co. as a financial advisor for potential transactions with Evofem, compensating it with 2,627,118 advisory fee shares, including 2,101,694 restricted shares subject to forfeiture if the transaction does not close. Additionally, Hub Cyber mutually terminated its previously disclosed term sheet to acquire Ferrox Critical Minerals Ltd., ending discussions regarding that South African minerals project.