How did Hub Security go from a $1.3 billion valuation to potential … – CTech
August 17, 2023
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The Israeli cyber company. which merged with a SPAC in February, began trading on Nasdaq at a value of $1.3 billion. However, since then, the founder was suspected of embezzlement and left, the stock plummeted, the coffers emptied, and the 2022 reports, which were submitted only this week, feature a note regarding the company’s ability to continue as a going concern
