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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