HUB Cyber Security surged 10.89% intraday after announcing the completion of a financial restructuring that eliminated over 75% of legacy obligations, including full repayment to OppCo and retirement of majority AGP, Julestar, and Dominion Capital debts. The company also converted half of its secured debt to unsecured convertible notes, enhancing balance sheet flexibility. CEO Noah Hershcoviz emphasized the restructuring as a "fundamental reset," positioning HUB for infrastructure-scale growth in cybersecurity and AI-driven solutions. The move addresses prior liquidity risks and aligns with rising demand for secure data infrastructure, bolstering investor confidence in the company’s strategic and financial trajectory.
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