On July 22, 2024, HUB Cyber Security Ltd., a developer of cybersecurity solutions, received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement. The company's shares had closed below the $1.00 minimum bid price for 30 consecutive business days, triggering a notice from Nasdaq. Despite this, HUB Cyber Security's shares continue to trade on Nasdaq under the symbol HUBC. The company has been granted an initial 180-day period, ending on January 13, 2025, to regain compliance with the minimum bid price requirement. If the company's bid price per share reaches $1.00 for at least 10 consecutive business days during this period, Nasdaq will confirm compliance and close the matter. HUB Cyber Security may be eligible for an additional 180-day compliance period if necessary. The company's business operations remain unaffected, and it plans to monitor its share price closely and explore options to regain compliance. HUB Cyber Security was founded in 2017 by veterans of the Israeli Defense Forces and operates in over 30 countries, offering advanced cybersecurity solutions and services.

On July 22, 2024, HUB Cyber Security Ltd., a developer of cybersecurity solutions, received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement. The company's shares had closed below the $1.00 minimum bid price for 30 consecutive business days, triggering a notice from Nasdaq. Despite this, HUB Cyber Security's shares continue to trade on Nasdaq under the symbol HUBC. The company has been granted an initial 180-day period, ending on January 13, 2025, to regain compliance with the minimum bid price requirement. If the company's bid price per share reaches $1.00 for at least 10 consecutive business days during this period, Nasdaq will confirm compliance and close the matter. HUB Cyber Security may be eligible for an additional 180-day compliance period if necessary. The company's business operations remain unaffected, and it plans to monitor its share price closely and explore options to regain compliance. HUB Cyber Security was founded in 2017 by veterans of the Israeli Defense Forces and operates in over 30 countries, offering advanced cybersecurity solutions and services.