HUB Cyber Security .(US:HUBC) globenewswire.comยท2024-05-23 20:36Core Viewpoint - HUB Cyber Security Ltd. requires additional time to complete the audit of its annual financial statements and file its Annual Report for the fiscal year ended December 31, 2023, primarily due to a recent strategic acquisition and ongoing debt restructuring efforts [1][2]. Group 1: Financial Reporting and Compliance - The delay in filing the Annual Report has led to a notice of non-compliance from Nasdaq, but this does not immediately affect the listing or trading of HUB's securities [3]. - HUB has until July 19, 2024, to submit a plan to regain compliance with Nasdaq Listing Rules, with the possibility of an extension until November 11, 2024, if the plan is accepted [4]. Group 2: Company Background and Operations - HUB Cyber Security Ltd. specializes in cybersecurity solutions, protecting sensitive commercial and government information, and operates in over 30 countries [5].