HUB Cyber Security Receives Nasdaq Delisting Notice
Ticker: HUBCZ · Form: 6-K · Filed: Jan 21, 2025 · CIK: 1905660
Sentiment: bearish
Topics: delisting, regulatory, nasdaq
Related Tickers: HUBC
TL;DR
Nasdaq sent HUB Cyber Security a delisting notice, stock might get booted.
AI Summary
On January 21, 2025, HUB Cyber Security Ltd. announced it received a staff delisting notice from the Nasdaq Stock Market. The company is currently reviewing the notice and plans to respond to the Nasdaq staff. HUB Cyber Security Ltd. is a foreign private issuer incorporated in Israel.
Why It Matters
This notice indicates a 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 from a major stock exchange like Nasdaq poses a significant risk to the company's continued trading and market presence.
Key Players & Entities
- HUB Cyber Security Ltd. (company) — Company issuing the announcement
- Nasdaq Stock Market (company) — Exchange issuing the delisting notice
- January 21, 2025 (date) — Date of the press release and announcement
FAQ
What is the primary reason for the staff delisting notice issued by Nasdaq to HUB Cyber Security Ltd.?
The filing does not specify the exact reason for the delisting notice, only that one was received.
What is HUB Cyber Security Ltd.'s planned course of action in response to the delisting notice?
HUB Cyber Security Ltd. is reviewing the notice and intends to respond to the Nasdaq staff.
When was the press release announcing the delisting notice issued?
The press release was issued on January 21, 2025.
Is HUB Cyber Security Ltd. required to file an annual report on Form 20-F or Form 40-F?
Yes, HUB Cyber Security Ltd. indicates it files annual reports under cover of Form 20-F.
What is the principal executive office address for HUB Cyber Security Ltd.?
The principal executive offices are located at 2 Kaplan St. Tel Aviv 6473403, Israel.
Filing Stats: 295 words · 1 min read · ~1 pages · Grade level 11.2 · Accepted 2025-01-21 17:06:34
Filing Documents
- ea0227885-6k_hubcyber.htm (6-K) — 11KB
- ea022788501ex99-1_hubcyber.htm (EX-99.1) — 12KB
- 0001213900-25-005070.txt ( ) — 24KB
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: January 21, 2025 By: /s/ Noah Hershcoviz Noah Hershcoviz Chief Executive Officer 2 EXHIBIT INDEX Exhibit Number Description 99.1 Press Release, dated January 21, 2025. 3