Nasdaq Hearings Panel Extends HUB Cyber Security’s Bid Price Compliance Deadline to April 14, 2025, Following Review of HUB’s Developments

Core Points - HUB Cyber Security Ltd. has received a 14-day extension from the Nasdaq Hearings Panel to comply with the minimum bid price requirement, now having until April 14, 2025, to achieve 10 consecutive trading days of at least $1 per share [1][2] - The Panel's decision was influenced by HUB's compliance with the continued listing requirements for the Market Value of Listed Securities and recent developments within the company [2] - CEO Noah Hershcoviz expressed confidence in the company's progress and the Panel's decision, indicating a positive outlook for HUB's continued listing on Nasdaq [2] Company Overview - HUB Cyber Security Ltd. was established in 2017 by veterans of elite intelligence units of the Israeli Defense Forces, specializing in advanced cybersecurity solutions [3] - The company offers encrypted computing technologies and data theft prevention solutions, operating in over 30 countries and serving a diverse client base [3]