HUB Cyber Security has received a 14-day extension from the Nasdaq Hearings Panel to evidence compliance with the minimum bid price requirement. The Company now has through April 14, 2025, to achieve 10 consecutive trading days of at least $1 per share. The Panel’s determination is based in part on the Company meeting the continued listing requirements for the Market Value of Listed Securities. In addition, the Panel inquired into and reviewed recent developments at HUB and the Company’s latest progress updates, prior to granting the Company the 14-day extension which it had requested.
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