Hub Cyber Security Signs ~$8.7M Deal To Divest QPoint Group To Malam Team Group
Hub Cyber Security Ltd. (NASDAQ:HUBC) ("HUB" or the "Company"), today announced that it has entered into an agreement (the "Agreement") to sell 100% of the issued share capital of the QPoint
Hub Cyber Security is selling a part of its business called QPoint Group for about $8.7 million. When a company sells a piece of itself, it can mean they want to focus on other parts or need cash—so watch what they do with the money.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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