RegulatoryMay 21, 2026, 04:08 PM
Hub Security Receives Nasdaq Deficiency for Delayed 20-F Filing
AI Summary
Hub Cyber Security Ltd. announced it received a letter from Nasdaq on May 18, 2026, notifying the company of non-compliance with Nasdaq Listing Rule 5250(c)(1) due to the delayed filing of its Annual Report on Form 20-F for fiscal year 2025. This notification is standard procedure and does not immediately impact the company's listing or trading. Hub Cyber Security has 60 calendar days, until July 17, 2026, to submit a plan to regain compliance, with a potential extension up to November 11, 2026.
Key Highlights
- Hub Cyber Security received a Nasdaq deficiency notification on May 18, 2026.
- The notification is for non-compliance with Nasdaq Listing Rule 5250(c)(1) due to delayed filing of its Annual Report on Form 20-F for fiscal year 2025.
- 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 from the Form 20-F due date, or until November 11, 2026.
- The notification is not of imminent delisting and has no current effect on trading.
- This is in addition to a previously disclosed non-compliance with Nasdaq's market value listing standards.
Price Impact
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