DelistingMay 21, 2026, 04:43 PM
Hub Group Receives Nasdaq Delisting Notice for Delayed Q1 10-Q
AI Summary
Hub Group, Inc. received an expected notice from Nasdaq on May 19, 2026, indicating non-compliance with Listing Rule 5250(c)(1) due to the delayed filing of its Quarterly Report on Form 10-Q for Q1 2026. This follows a previous notice for the delayed 2025 Form 10-K, for which Nasdaq granted an exception until September 14, 2026. The company must submit an updated compliance plan by June 3, 2026, and intends to file all delinquent reports by the September 14, 2026 deadline, with no immediate impact on its stock listing. The delays stem from ongoing restatements of financial statements for prior periods.
Key Highlights
- Received Nasdaq notice on May 19, 2026, for delayed Q1 2026 Form 10-Q.
- Non-compliance with Nasdaq Listing Rule 5250(c)(1) for timely periodic report filings.
- Previously received notice for delayed 2025 Form 10-K filing.
- Nasdaq granted 180-day exception until September 14, 2026, for 2025 Form 10-K.
- Company must submit an updated compliance plan by June 3, 2026.
- Expects to file all delinquent reports by September 14, 2026.
- Notice has no immediate effect on stock listing or trading.
- Delays are due to ongoing financial statement restatements for 2023, 2024, and Q1-Q3 2025.
Price Impact
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