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 extension was granted after the Panel reviewed HUB's recent developments and progress, indicating confidence in the company's achievements and its roadmap for continued listing on Nasdaq [2] Company Overview - HUB Cyber Security Ltd. was established in 2017 by veterans of the Israeli Defense Forces and specializes in advanced cybersecurity solutions that protect sensitive commercial and government information [3] - The company offers encrypted computing technologies to prevent hardware-level intrusions and innovative data theft prevention solutions, operating in over 30 countries and serving a diverse client base [3]