Latham & Watkins Advises HUB Cyber Security (Israel) Limited in Its US$1.28 Billion Business Combination With Mount Rainier Acquisition Corp.
HUB Cyber Security (Israel) Limited (TASE:HUB.TA), a Tel Aviv based developer of Confidential Computing cybersecurity solutions and services, and Mount Rainier Acquisition Corp. (NASDAQ: RNER), a US publicly traded special purpose acquisition company, have announced that they have entered into a definitive business combination agreement. Upon closing of the proposed transaction, the combined company will operate under the “Hub Security” name and is expected to be listed on Nasdaq under the new ticker symbol “HUBC.”
Latham & Watkins LLP represents HUB Cyber Security (Israel) Limited in the transaction with a corporate deal team led by Tel Aviv/London partner Josh Kiernan, Houston partner Ryan Lynch and Tel Aviv counsel Michael Rosenberg, with Houston associates Denny Lee, Sarah Dunn, and Haley Sandoval. Advice was also provided on tax matters by Washington, D.C. partner Nicholas DeNovio, with Washington, D.C. associate Pierce Pandolph; on intellectual property matters by Bay Area partner Michelle Gross, with Bay Area associate Amy Tosi; on data privacy matters by London partner Gail Crawford, with London associate Jane Bentham; on benefits and compensation matters by Washington, D.C. partner Adam Kestenbaum, with Washington, D.C. associate Ashlie Lawton; on antitrust matters by Washington, D.C. partner Jason Cruise and Washington, D.C. counsel Joseph Simei; on sanctions matters by Washington, D.C. partner Les Carnegie and London partner Charles Claypoole; and on environmental matters by Houston partner Joel Mack and Los Angeles counsel Josh Marnitz.