RegulatoryMay 21, 2026, 04:07 PM
Hub Cyber Security Receives Nasdaq Non-Compliance Notice for 20-F Delay
AI Summary
Hub Cyber Security Ltd. announced it received a letter from Nasdaq on May 18, 2026, notifying the company of non-compliance with Listing Rule 5250(c)(1) due to the delayed filing of its Annual Report on Form 20-F for the period ended December 31, 2025. This deficiency notification is standard practice and does not immediately affect the company's listing or trading. The company has 60 days, until July 17, 2026, to submit a plan to regain compliance, with a potential extension until November 11, 2026. This is in addition to a prior non-compliance notice regarding market value of listed securities, and failure to comply could lead to delisting.
Key Highlights
- Hub Cyber Security received a Nasdaq non-compliance letter on May 18, 2026, for delayed 2025 Form 20-F filing.
- The non-compliance is with Nasdaq Listing Rule 5250(c)(1).
- The company has 60 calendar days, until July 17, 2026, to submit a plan to regain compliance.
- Nasdaq may grant an exception of up to 180 calendar days, until November 11, 2026, to regain compliance.
- This notification is in addition to a previously disclosed non-compliance regarding market value of listed securities.
- Failure to timely regain compliance could result in the delisting of the company's securities.
Price Impact
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