RegulatoryAug 3, 2026, 07:31 AM
Hub Cyber Security Regains Nasdaq MVLS Compliance
AI Summary
Hub Cyber Security Ltd. announced it has regained compliance with Nasdaq's Market Value of Listed Securities (MVLS) requirement. The company received formal notice from Nasdaq confirming it met Listing Rule 5550(b)(2), which mandates an MVLS of at least $35 million. This follows a period of non-compliance and a sustained improvement in the company's market value, with the MVLS remaining above the threshold for 20 consecutive business days. Nasdaq has closed the matter, marking an important milestone for HUB as it continues its strategic transformation.
Key Highlights
- Regained compliance with Nasdaq Listing Rule 5550(b)(2) regarding Market Value of Listed Securities (MVLS).
- Nasdaq requires listed companies to maintain an MVLS of at least $35 million.
- Company's MVLS remained above $35 million for 20 consecutive business days (July 2-31, 2026).
- Previously notified of non-compliance on January 21, 2026, after MVLS fell below $35 million.
- Nasdaq has confirmed the matter is now closed and the deficiency is fully cured.
Price Impact
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