HUB Security Ltd received a notification from Nasdaq on July 22, 2024, indicating non-compliance with the minimum bid price requirement, as its shares traded below $1.00 for 30 consecutive business days. The company's shares continue trading on Nasdaq under "HUBC" symbol without immediate effect on listing.The company has been granted an initial 180-day compliance period until January 13, 2025, to regain compliance by maintaining a closing bid price of at least $1.00 for a minimum of 10 consecutive business days. If unsuccessful, HUB may be eligible for an additional 180-day extension, provided it meets other Nasdaq Capital Market listing requirements.HUB Security stated its business operations remain unaffected by the notification and will monitor its share price while considering options to regain compliance. Failure to meet the minimum bid requirement within the granted periods could result in delisting, subject to appeal to the Nasdaq Hearing Panel.

HUB Security Ltd received a notification from Nasdaq on July 22, 2024, indicating non-compliance with the minimum bid price requirement, as its shares traded below $1.00 for 30 consecutive business days. The company's shares continue trading on Nasdaq under "HUBC" symbol without immediate effect on listing.The company has been granted an initial 180-day compliance period until January 13, 2025, to regain compliance by maintaining a closing bid price of at least $1.00 for a minimum of 10 consecutive business days. If unsuccessful, HUB may be eligible for an additional 180-day extension, provided it meets other Nasdaq Capital Market listing requirements.HUB Security stated its business operations remain unaffected by the notification and will monitor its share price while considering options to regain compliance. Failure to meet the minimum bid requirement within the granted periods could result in delisting, subject to appeal to the Nasdaq Hearing Panel.