HUB Cyber Security Ltd. Enters into Agreement to Sell the QPoint Group for Approximately US $8.7 Million to the Malam Team Group
HUB Cyber Security Ltd. announced it has entered into an agreement to sell 100% of the issued share capital of the QPoint Group to the Malam Team Group for approximately US $8.7 million.
Why it matters — The divestiture of QPoint represents a notable corporate transaction for HUB that could affect its business structure and balance sheet.