Mount Rainier Acquisition Corp Completes Business Combination with HUB Cyber Security Ltd.
February 28, 2023
Mount Rainier Acquisition Corp. (RNER), sponsored by DC Rainier SPV LLC and Dominion Capital LLC, completed a business combination with Israel-based HUB Cyber Security Ltd., and the combined company began trading on Nasdaq under the ticker HUBC on March 1, 2023. The transaction takes HUB public via the SPAC, providing access to larger capital markets to accelerate development and customer adoption of its confidential computing and cybersecurity solutions.
- Buyers
- Mount Rainier Acquisition Corp., DC Rainier SPV LLC, Dominion Capital LLC
- Targets
- HUB Cyber Security Ltd.
- Industry
- Cybersecurity
- Location
- Tel Aviv District, Israel
- Transaction Type
- Buyout
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