Hub security announces receipt of staff delisting notice and initiation of appeals process

Tel aviv, israel, dec. 17, 2024 (globe newswire) -- via ibn – hub cyber security ltd. (nasdaq: hubc) (“hub” or the “company”), a leading provider of cybersecurity solutions and advanced data fabric, announced receipt of a staff delisting determination (the "staff determination") from the listing qualifications department of the nasdaq stock market, llc ("nasdaq"). the company was notified that nasdaq has determined to delist the company's securities from the nasdaq global market. as a result, the company is exercising its right to request an appeal (the “appeal”) of the staff determination before the nasdaq hearings panel (the “panel”). such appeal hearing request will result in a stay of any suspension or delisting action pending the appeal hearing, and in the meantime, the company's securities will continue to be fully tradeable and listed on the nasdaq global market
NDAQ Ratings Summary
NDAQ Quant Ranking