HUB Cyber Security Receives Delisting Notice, Appeals
Ticker: HUBCZ · Form: 6-K · Filed: Dec 17, 2024 · CIK: 1905660
Sentiment: bearish
Topics: delisting, compliance, appeal
Related Tickers: HUBC
TL;DR
Nasdaq wants HUB Cyber Security off the exchange, but they're fighting back.
AI Summary
On December 17, 2024, HUB Cyber Security Ltd. announced it received a staff delisting notice from the Nasdaq Stock Market and has initiated an appeals process. The company is contesting the delisting determination.
Why It Matters
This notice indicates potential delisting from Nasdaq, which could significantly impact the company's stock liquidity and investor confidence.
Risk Assessment
Risk Level: high — Receiving a delisting notice poses a significant risk to the company's continued trading on a major exchange.
Key Players & Entities
- HUB Cyber Security Ltd. (company) — Registrant
- Nasdaq Stock Market (company) — Exchange issuing delisting notice
- December 17, 2024 (date) — Date of press release and notice
FAQ
What is the specific reason for the staff delisting notice from Nasdaq?
The filing does not specify the exact reason for the delisting notice, only that one was received.
What is HUB Cyber Security Ltd.'s strategy for appealing the delisting notice?
The company has initiated an appeals process to contest the delisting determination.
When was the press release announcing the delisting notice issued?
The press release was issued on December 17, 2024.
Is HUB Cyber Security Ltd. currently listed on the Nasdaq Stock Market?
Yes, the company received a staff delisting notice, implying it is currently listed.
What is the ticker symbol for HUB Cyber Security Ltd.?
The ticker symbol is not provided in this specific 6-K filing.
Filing Stats: 300 words · 1 min read · ~1 pages · Grade level 11.4 · Accepted 2024-12-17 16:53:08
Filing Documents
- ea0225101-6k_hubcyber.htm (6-K) — 12KB
- ea022510101ex99-1_hubcyber.htm (EX-99.1) — 13KB
- 0001213900-24-109823.txt ( ) — 26KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Hub Cyber Security Ltd. Date: December 17, 2024 By: /s/ Noah Hershcoviz Noah Hershcoviz Chief Executive Officer 2 EXHIBIT INDEX Exhibit Number Description 99.1 Press Release, dated December 17, 2024. 3