YONGIN, South Korea, Oct. 11, 2023 /PRNewswire/ — GC Biopharma Corp. announced today that it has presented the successful adoption of SAP SuccessFactor Work Zone, which is a cloud-based HR solution by SAP, at the SAP Success Connect 2023 held on October 3rd in Las Vegas.

SAP Success Connect is an annual global HR seminar event hosted by SAP, where more than 3,000 participants including existing and potential SAP customers join every year to share and exchange their insights.

In October last year, GC Biopharma launched a forward-looking HR system "G:ON" based on the cloud-based solution by SAP, which can provide various Employee Journey to employees. This was the first case not only in Korea but also in the Asia Pacific-Japan (APJ) region, where SAP’s SuccessFactor Work Zone solution is adopted for HR portal.

GC Biopharma explained that it has been making various changes to its HR-related systems based on performance-based culture since 2020 and SAP’s global cloud-base system solution was adopted for a stable operation of such new HR systems.

With the new HR system in place, it can act as Communication Platform based on employee’s ‘Growth’, and also the employees can now work in a data-based innovative digital workspace, the company explains. In fact, a year into the adoption of the system, the average rate of access among employees is now at a 50%-level, with the highest daily employee access rate of 93.3% in 2023.

Yong Woon Kim, Head of HR Division at GC Biopharma said, "We have selected SAP as the partner for building an integrated HR solution that is at the center of user based digital transformation. We look forward to the many positive changes the new system will bring to the entire company from corporate culture to the way we work."

About GC Biopharma

GC Biopharma (formerly known as Green Cross Corporation) is a biopharmaceutical company that delivers life-saving and life-sustaining protein therapeutics and vaccines. Headquartered in Yongin, South Korea, GC Biopharma is one of the leading plasma protein and vaccine product manufacturers globally and has been dedicated to quality healthcare solutions for more than half a century.

This press release may contain biopharmaceuticals in forward-looking statements, which express the current beliefs and expectations of GC Biopharma’s management. Such statements do not represent any guarantee by GC Biopharma or its management of future performance and involve known and unknown risks, uncertainties and other factors. GC Biopharma undertakes no obligation to update or revise any forward-looking statement contained in this press release or any other forward-looking statements it may make, except as required by law or stock exchange rule.

GC Biopharma Contacts (Media)

Sohee Kim

[email protected]

Yelin Jun

[email protected]

Source : GC Biopharma Shares its Successful HR System Transformation at SAP Success Connect 2023

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OPSWAT Unveils CIP Lab at GovWare in Singapore, Showcasing Cutting-Edge IT/OT Cybersecurity Solutions

Corporate News Media OutReach

Oct 11, 2023

OPSWAT Unveils CIP Lab at GovWare in Singapore, Showcasing Cutting-Edge IT/OT Cybersecurity Solutions

Experience Cutting-Edge IT/OT Cybersecurity Solutions at GovWare and ABP Securite’s HQ in Singapore

SINGAPORE – Media OutReach – 11 October 2023 – OPSWAT, a global leader in critical infrastructure protection (CIP) cybersecurity solutions, is pleased to announce the debut of its highly-anticipated Critical Infrastructure Protection (CIP) lab at the prestigious GovWare event in Singapore. The event will take place at the Sands Expo and Convention Centre from 17th to 19th October.

As a pioneering cybersecurity firm, OPSWAT is committed to safeguarding the world’s critical infrastructure against emerging cyber threats. GovWare serves as the perfect platform for OPSWAT to showcase its comprehensive IT/OT cybersecurity solutions that are designed to fortify critical infrastructure against potential vulnerabilities and attacks.

“We are excited to participate in GovWare and unveil our state-of-the-art CIP lab to the cybersecurity community.” said Malcolm Rowe, VP APAC at OPSWAT. “This marks a significant milestone in our mission to protect the world’s critical infrastructure, and GovWare provides an exceptional opportunity for us to demonstrate the effectiveness of our cutting-edge solutions.”

At GovWare, OPSWAT’s booth (P28) will be strategically located to welcome visitors seeking to gain insights into the latest advancements in cybersecurity technologies. Industry professionals and government representatives are invited to visit the OPSWAT booth to experience hands-on demonstrations of the CIP lab. This interactive experience will showcase OPSWAT’s ability to secure and defend critical infrastructures from potential cyber threats and ensure operational continuity.

The OPSWAT CIP lab is the embodiment of OPSWAT’s dedication to innovation and excellence in cybersecurity. It enables users to experience firsthand how its solutions integrate seamlessly into both IT and OT environments, providing comprehensive protection without compromising operational efficiency.

In partnership with ABPSecurite, a CIP lab will also be located at its HQ in Singapore. This serves as a strategic location for OPSWAT’s partners and customers in Southeast Asia for in depth demonstrations of our latest solutions and technology, as well as further solidifying the partnership with ABPSecurite as our regional distributor for the Southeast Asia region.

“The new physical CIP lab demonstration environment at ABPSecurite’s office will provide an excellent platform to showcase our latest solutions and technologies, as well as further strengthen our commitment to invest in the region to support both our partners and customers.” stated Jeremy Giam, Regional Manager at OPSWAT.

Join OPSWAT at GovWare in Singapore and witness the future of critical infrastructure protection through immersive demonstrations of our groundbreaking IT/OT cybersecurity solutions. Be at the forefront of securing the world’s most vital assets and learn how OPSWAT can be your trusted partner in the battle against cyber threats.

For more information about OPSWAT and how to schedule a demo at the CIP lab at GovWare or ABPSecurite, visit our website at www.opswat.com or stop by our booth at GovWare (P28).

Hashtag: #OPSWAT

The issuer is solely responsible for the content of this announcement.

About OPSWAT

For the last 20 years OPSWAT, a global leader in IT, OT, and ICS critical infrastructure cybersecurity, has continuously evolved an end-to-end solutions platform that gives public and private sector organizations and enterprises the critical advantage needed to protect their complex networks and ensure compliance. Empowered by a “Trust no file. Trust no device.™” philosophy, OPSWAT solves customers’ challenges around the world with zero-trust solutions and patented technologies across every level of their infrastructure, securing their networks, data, and devices, and preventing known and unknown threats, zero-day attacks, and malware. Discover how OPSWAT protects the world’s critical infrastructure and helps secure our way of life; visit www.opswat.com.

About ABPSecurite

Established in 2015, ABPSecurite is a leading value-added distributor for network security and performance solutions. Headquartered in Singapore, ABPSecurite brings top-of-the-line solutions from established technology vendors, to deliver an extensive portfolio of cybersecurity products ranging from cloud, data and network security, security gateway, isolation, secure file gateway, network detection and response, application security and privileged access management. Find out more at https://www.abpsecurite.com.

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Southco Introduces New Remote Release Accessory for Surface Mount Rotary Actuation

Corporate News Media OutReach

Oct 11, 2023

Southco Introduces New Remote Release Accessory for Surface Mount Rotary Actuation

HONG KONG SAR – Media OutReach – 11 October 2023 – Southco Asia Ltd., a subsidiary of Southco Inc., a leading global provider of engineered access solutions such as locks, latches, captive fasteners, electronic access solutions and hinges/ positioning technology has introduced a new cable accessory for its Surface Mounted AC-15 Rotary Latch Actuators, the first multi-point rotary latch pull system on the market. This accessory is ideal for applications on trucks, RV’s buses, and other vehicles where components must be lightweight, compact, and sturdy. The AC-15’s surface-mounted profile ensures that minimal interior space is used, and no extra brackets are needed for mounting. The new accessory’s remote latching capabilities make it ideal for larger panels, where multiple latches are needed and there is a significant distance between the most optimal actuator placement and latch placement. Overall, the remote release accessory for AC-15 Rotary Latch Actuators brings unprecedented multi-point and remote latching possibilities to a variety of industries.

AC-15 Accessories.jpg — *Remote release accessory for AC-15 Rotary Latch Actuators*

Southco’s cable accessory, made up of a barrel bracket and pulley sub-assembly, features a low interior profile and simple installation process, making it easy to incorporate into existing designs. The barrel bracket attaches to the surface-mounted AC-15 actuator, and the pulley sub-assembly mounts on the interior panel surface. All users need to install a complete rotary system is an AC-15 Actuator, cable accessory, compatible cables, rotary latches, and screws. This makes it easy to upgrade existing AC-15 actuators to remote or multi-point latching.

While other cable pull accessories have been available for some time, Southco’s cable accessory for AC-15 Rotary Latch Actuators is unique in its ability to support multi-point latching systems for a surface mount pull handle. This gives designers and engineers more options when placing the actuator on the panel, allowing for more efficient and ergonomic designs.

The AC-15 Rotary Latch Actuator further distinguishes itself as a highly durable and versatile solution for large panels that need to withstand long-term exposure to the elements. Glass-filled reinforced nylon housing provides the first level of protection for the mechanism inside. The remote release cable accessory itself consists of a pre-galvanized steel pulley sub-assembly, and an aluminum barrel bracket, allowing it to withstand harsh weather conditions. The AC-15 rotary actuator is available in a range of non-locking and locking options, making it a versatile solution that can fit many applications.

For more information about the Remote Release Accessory for Surface Mount Actuation, please visit www.southco.com/AC-15 or email the 24/7 customer service at [email protected].
Hashtag: #Southco

The issuer is solely responsible for the content of this announcement.

About Southco

Southco, Inc. is the leading global designer and manufacturer of engineered access solutions. From quality and performance to aesthetics and ergonomics, we understand that first impressions are lasting impressions in product design. For over 70 years, Southco has helped the world’s most recognized brands create value for their customers with innovative access solutions designed to enhance the touch points of their products in transportation and industrial applications, medical equipment, data centers and more. With unrivalled engineering resources, innovative products and a dedicated global team, Southco delivers the broadest portfolio of premium access solutions available to equipment designers throughout the world.

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Allswell Polythene Awarded Gold Medal By EcoVadis For Sustainability Performance

Corporate News Media OutReach

Oct 11, 2023

Allswell Polythene Awarded Gold Medal By EcoVadis For Sustainability Performance

SINGAPORE – Media OutReach – 11 October 2023 – Allswell Polythene is committed to the goal of being the leading sustainable plastic and garbage bag supplier in Singapore. By introducing sustainable resources for its range of products, the company seeks to enhance the functionality and eco-friendliness of plastic carrier bags, as well as serve as an example of how plastic bag suppliers can adhere to strict environmentally responsible practices and promote social impact.

As such, Allswell Polythene is glad to announce that it has achieved the Gold Medal from EcoVadis – the globally recognised sustainability ratings platform. In the rating completed in September 2023, Allswell Polythene scored an overall score of more than 70, which places the company in the top 5% of globally assessed companies.

EcoVadis performs its sustainability assessment of businesses by measuring their Environmental, Social, and Governance (ESG) policies, all of which Allswell Polythene has ranked well in. This award provides significant validation to the company and is a testament to its dedication to being transparent and proactive in its sustainability practices.

As a Singapore SME, Allswell Polythene recognises its intrinsic role in the supply chain to meet the expectations of corporate clients and consumers seeking a sustainable supplier. The company has embarked on a sustainability journey by undergoing an assessment with EcoVadis, and enhancing its operations to reinforce its commitment to sustainable practices.

Allswell Polythene has established key objectives, aiming to reduce both energy consumption and carbon emissions by 2025, with active efforts underway to achieve these sustainability goals. According to its ESG Progress Report 2022, Allswell Polythene has achieved significant progress, reducing both its energy consumption and carbon emissions by 13%. These achievements are a result of the company’s observation of measures such as optimising strategic routes in its deliveries and smart energy management practices.

Established in 2002, Allswell Polythene possesses two decades of industry experience serving a wide range of clients, including SMEs, government institutions, and corporations in the hospitality and F&B fields in Singapore. The company stands out from other suppliers by featuring a product range that offers customisable, recyclable garbage and plastic bags in various sizes and materials. This product range, alongside its business practices, allows Allswell Polythene to be recognised by EcoVadis.

For more information, please visit https://www.allswellpolythene.com.sg/
Hashtag: #AllswellPolythene

The issuer is solely responsible for the content of this announcement.

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17sing "Mic Song Cup" ended successfully, "WACKYBOYS-Soon Sun" vs. "Master Nana", 17sing's singers show off their best performances

CISION PR Newswire

Oct 11, 2023

TAIPEI, Oct. 11, 2023 /PRNewswire/ — On September 15th, the "Mic Song Cup" event organized by 17sing officially started. The event lasted for 3 weeks and was ended in the 17sing Live Contest on the evening of October 6th. The hot topic of "Mic Song Cup" created by 17sing has aroused the attention of the whole Internet. This competition is led by Internet celebrities "WACKYBOYS-Soon Sun" and "Master Nana". Many Internet celebrity also participated. The well-known platform Dcard also joined this competition, and held the "Campus Z Singing PK Competition" in Dcard to support the event.The "Mic Song Cup" event has attracted the attention as soon as it was officially announced.

The entire "Mic Song Cup" event was very dramatic. Before the event started, "Soon Sun" and "Master Nana" "make an appointment" in the boxing ring. This shocking news quickly aroused heated discussions on Internet. The two Internet celebrities formed an alliance to attract fans and other Internet celebrities to join,and the final live streaming duel became extremely topical on everywhere. In order to support their idols, fans spontaneously organize activities to support them. In the end, this event successfully became a central issue in the mainstream vision.

The "Mic Song Cup" is divided into three stages. The first stage is the breakout competition. All people can register for the competition by record songs in the 17sing . Then a week-long online voting will determine who will advance based on the number of votes each contestant receives. The second stage is the same song competition. All participating Internet celebrities and promoted players will compete with the same song based on the song list voted by users. Lucky users who participate in predictions and guess the outcome will receive generous rewards. The third stage is the most exciting Live Streaming competition. The alliance led by "Soon Sun" and "Master Nana" will gather together in 17sing to celebrate and have an unprecedented battle.

The Live Streaming competition on October 6th was the most anticipated peak match of "Mic Song Cup", which attracted more than 7000 people to watch. That night, "Soon Sun" and "Master Nana" came to the singing room in 17sing. As alliance leaders, they led the promoted players from their respective alliances to a song duel, and the winning alliance will also receive generous cash rewards.

The competition lasted for 2 hours, all the audiences witness the power of the singer s in 17sing! The singers in 17sing are not only great at singing, but also great at acting! In the competition, there are not only handsome guys who transform into sexy hot boy, captains who fly music flights, hot girls who are good at rhythmic dance music, but also Malaysian who insist on performing despite delays in foreign countries, cute girls with sweet looks and mature voice, etc. . Soon Sun commented: "The voice of 17sing singers can heal others." At the end of the game, the captains of both sides appeared as the finale. Soon Sun sang "Jing Wu Men" and matched his dancing body. He was well-deserved for the title of "King of Performance"; while Master Nana sang "Ye Zi" with the original key, whose magical high pitch and all-out performance won unanimous recognition from the audience.The whole competition was extremely intense and exciting. The players on both sides performed so hard to defend the glory of the league and their love for music . Their beautiful singing voices amazed everyone present, said that the show was worthwhile!

"Mic Song Cup" is meaningful to 17sing. It is a good opportunity to integrate the Internet celebrity effect and fan interaction, which can effectively arouse the brand’s popularity and reputation; it is also an opportunity to attract more young users, many of whom will Re-acquainted with 17sing because of favorite idols and hot topics; it shows the open attitude of the 17sing to support innovation, and makes the brand image younger and full of vitality. In the future, 17sing will be more active in this path, allowing more celebrities and stars to participate in it, creating a carnival atmosphere for the whole Internet. All in all, holding such a major hot event is an important means of brand commercial promotion, and it will also bring positive effects in multiple directions. It will become a rare opportunity to enhance brand value. We have reason to believe that more young people will participate in such activities, so as to understand, use and like 17sing, and start their music dreams from the 17sing.

17sing is Taiwan’s most popular karaoke social app. It’s a collection of Taiwan’s most popular pop songs. In the 17sing,you can sing as you like and find friends. AI scoring analyzes your pitch, rhythm, timbre, etc., allowing you to quickly become the king of singers. Multi-person chorus, real-time party in the singing room. 17sing competitions, compete with singers, and sing till the end of time. The rush-song mode makes you happy, allowing you to get to know more singing friends and never tire of it. No matter day or night, 17sing can be used anytime and you can sing whenever you want. If you want to sing karaoke on your mobile phone, go to 17sing!

Source : 17sing "Mic Song Cup" ended successfully, "WACKYBOYS-Soon Sun" vs. "Master Nana", 17sing's singers show off their best performances

This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

GIGABYTE AORUS Announces Collaboration with 'SPY×FAMILY' and Launches Limited Edition Official Licensed Mouse Pad

CISION PR Newswire

Oct 11, 2023

TAIPEI, Oct. 11, 2023 /PRNewswire/ — GIGABYTE AORUS has teamed up with the popular anime "SPY×FAMILY" to introduce the "SPY×FAMILY | AORUS Limited Official Licensed Mouse Pad." As the second season of the anime hits the screens, this limited-edition mouse pad will also be making its official debut, allowing fans to dive into the gaming world alongside their beloved characters!

GIGABYTE AORUS Announces Collaboration with ‘SPY×FAMILY’ and Launches Limited Edition Official Licensed Mouse Pad

The "SPY×FAMILY | AORUS Limited Official Licensed Mouse Pad" blends aesthetics and gaming excellence. Built upon AORUS’s highly acclaimed AMP900 mouse pad, it provides a massive space for unrestricted gaming, while its water-resistant coating ensures easy maintenance. The pad’s surface boasts an ultra-fine microfiber woven fabric that optimizes mouse sensor tracking and positioning. This design not only delivers precise control but also offers smooth, high-speed gaming performance, specifically crafted for gaming mice. Its substantial, high-density rubber foam guarantees consistent and durable usage, while the non-slip rubber base provides a steadfast base, preventing any mouse movement during intense gaming sessions. On the visual front, the mouse pad showcases the iconic appearances of the three main "SPY×FAMILY" characters – Twilight, Anya, and Yor, making it an irresistible choice for fans.

The "SPY×FAMILY | AORUS Limited Official Licensed Mouse Pad" is set to hit the shelves in mid-October across various retail channels. GIGABYTE will also be hosting online events where participants stand a chance to win this limited-edition mouse pad. For in-depth information, please visit the official website: https://bit.ly/AORUS_mousepad

Source : GIGABYTE AORUS Announces Collaboration with 'SPY×FAMILY' and Launches Limited Edition Official Licensed Mouse Pad

This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

Key Foundry and Vishay Sign Foundry Agreement for Long-term Production of Power MOSFETs, Expanding Supply of Automotive Semiconductors

CISION PR Newswire

Oct 11, 2023

SEOUL, South Korea, Oct. 11, 2023 /PRNewswire/ — Key Foundry, an 8-inch pure-play foundry in Korea, announced today that it has signed a long-term supply agreement with Vishay Intertechnology Inc. (NYSE: VSH) for multiple power MOSFET products.

Power MOSFETs are the typical power discrete device, characterized by low loss, high-speed switching, and high reliability during high-voltage, high-current operation, which are commonly used in almost every electronic device.

According to a market research firm OMDIA, the power discrete market is expected to grow at a CAGR of 6% from $21.2 billion in 2022, reaching a $28.4 billion market in 2027. Vishay is one of the global leading companies in the power discrete market, and its power semiconductors are widely applied to automotive DC-DC converters, battery management systems, HVAC (Heating, Ventilating, and Air Conditioning) control, LED lighting, as well as consumer and industrial products such as TVs, refrigerators, washing machines, and VR/AR.

Key Foundry and Vishay have signed this long-term foundry service agreement for multiple power MOSFET products, with a plan to start mass production in 2024. In addition, both parties have begun discussions for other future product development.

With this agreement, Vishay secures a reliable source of foundry services for MOSFET production, while Key Foundry engages with a large customer for automotive power discrete, which will increase its share of automotive semiconductor sales in the long term.

"With this agreement we are taking another step forward in our plan to expand capacity, both internally and externally. In particular, it will help us alleviate our current MOSFET supply constraints especially for our automotive and industrial customers," said Joel Smejkal, President and CEO of Vishay. "In evaluating foundry partners, we decided to engage with Key Foundry because of its foundry’s capabilities and proactive response, and we look forward to the synergies we can achieve through cooperation with Key Foundry."

"We are pleased to collaborate with Vishay, a leading automotive power semiconductor company," said Derek D. Lee, CEO of Key Foundry. "Key Foundry will continue to improve process technologies as well as strengthen capabilities in marketing, quality, and production to expand supply of automotive semiconductors and grow into a leading specialty foundry."

About Vishay Intertechnology, Inc.

Vishay manufactures one of the world’s largest portfolios of discrete semiconductors and passive electronic components that are essential to innovative designs in the automotive, industrial, computing, consumer, telecommunications, military, aerospace, and medical markets. Serving customers worldwide, Vishay is The DNA of tech.™ Vishay Intertechnology, Inc. is a Fortune 1,000 Company listed on the NYSE (VSH). More on Vishay at www.Vishay.com.

The DNA of tech® is a trademark of Vishay Intertechnology.

About Key Foundry

Headquartered in Korea, Key Foundry provides specialty Analog and Mixed-Signal foundry services for semiconductor companies to serve a wide range of applications in the consumer, communications, computing, automotive and industrial industries. With a broad range of technology portfolios and process nodes, Key Foundry has the flexibility and capability to meet the ever-evolving needs of semiconductor companies across the globe. Please visit https://www.key-foundry.com for more information.

Forward-Looking Statements

This press release contains certain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Such risks and uncertainties include, but are not limited to, the expected impact of the agreement between Vishay and Key Foundry on product leadtimes and capacity expansions, and the risks set forth under the heading "Risk Factors" in Vishay’s Annual Report on Form 10-K for the year ended December 31, 2022, most recent Form 10-Q and other reports filed from time to time with the Securities and Exchange Commission. Vishay does not undertake any obligation to update any forward-looking statements to reflect events or circumstances occurring after the date of this press release.

Source : Key Foundry and Vishay Sign Foundry Agreement for Long-term Production of Power MOSFETs, Expanding Supply of Automotive Semiconductors

This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

HUBC DEADLINE ALERT: ROSEN, LEADING INVESTOR COUNSEL, Encourages HUB Cyber Security Ltd. f/k/a Hub Cyber Security (Israel) Ltd. Investors to Secure Counsel Before Important October 16 Deadline in Securities Class Action – HUBC, HUBCZ, HUBCW

Corporate News Media OutReach

Oct 11, 2023

Hong Kong Baptist University-led research discovers new therapeutic target for irritable bowel syndrome

New York, New York – Newsfile Corp. – October 10, 2023 – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of HUB Cyber Security Ltd. (NASDAQ: HUBC) (NASDAQ: HUBCZ) (NASDAQ: HUBCW) f/k/a Hub Cyber Security (Israel) Ltd. (“Legacy HUB”) pursuant and/or traceable: (a) through Legacy HUB’s merger (the “Merger”) with Mount Rainier Acquisition Corp. (“Mount Rainier”); (b) to the registration statement and proxy statement/prospectus (collectively, the “Offering Documents”) issued in connection with the Merger; and/or traceable to the registration statement and proxy statement/prospectus (collectively, the “Offering Documents”) issued in connection with the Merger; and/or (c) between March 23, 2022 and June 13, 2023, both dates inclusive (the “Class Period”), of the important October 16, 2023 lead plaintiff deadline.

SO WHAT: If you purchased HUB Cyber securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the HUB Cyber class action, go to https://rosenlegal.com/submit-form/?case_id=18848 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 16, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, the Offering Documents and defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) private investment in public equity (“PIPE”) financing in connection with the Merger was not committed; (2) HUB would not be led by Legacy HUB’s then-current management team, including Defendant Eyal Moshe (the Company’s founder and previous Chief Executive Officer); (3) the Company had downplayed the full scope and severity of deficiencies in its compliance controls and procedures, including its disclosure controls and procedures and internal controls over financial reporting; (4) the Company overstated its remediation of, and/or ability to remediate, the foregoing deficiencies; (5) accordingly, the Company had hundreds of thousands of dollars of unexplained expenses incurred, and/or funds misappropriated or otherwise fraudulently obtained, by a senior officer of the Company; (6) the foregoing increased the risk that the Company would be unable to timely file one or more of its periodic financial reports with the U.S. Securities and Exchange Commission (“SEC”), as required by the NASDAQ’s listing rules; (7) as a result, the Company was also at an increased risk of being delisted from the NASDAQ; (8) all the foregoing, once revealed, was likely to negatively impact the Company’s business, financial results, and reputation; and (9) as a result, the Offering Documents and defendants’ public statements throughout the Class Period were materially false and/or misleading and failed to state information required to be stated therein. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the HUB Cyber class action, go to https://rosenlegal.com/submit-form/?case_id=18848 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
[email protected]
[email protected]
www.rosenlegal.com

The issuer is solely responsible for the content of this announcement.

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