HUB Cyber Security Ltd. Special General Meeting of Shareholders

HUB Cyber Security Ltd. is holding a Special General Meeting of Shareholders on April 20, 2026, to vote on a proposed reverse stock split. The reverse stock split ratio will be between 1-for-10 and 1-for-1,000, with the exact ratio and effective date to be determined by the Board of Directors. The purpose of the reverse stock split is to increase the market price per share, make the shares more attractive to investors, and potentially meet Nasdaq's minimum bid price requirement for continued listing. The proposal also includes an increase in the authorized share capital. The Board of Directors recommends a vote FOR the proposal. The filing details the voting procedures, quorum requirements, and tax implications for shareholders. It also outlines the potential risks and disadvantages associated with a reverse stock split, including potential adverse effects on market capitalization, liquidity, and the possibility of increased ownership of "odd lots".