Hub ( (HUBC) ) has released a notification of late filing.
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Hub Cyber Security Ltd. has announced a delay in filing its Annual Report on Form 20-F (Yearly Report) for the fiscal year ending December 31, 2024. The delay is primarily due to a major wildfire in Israel, which forced a key team member to evacuate, making it impossible to meet the deadline without unreasonable effort or expense. The company expects to file the report promptly after this notification. There are no anticipated changes in financial results from the previous year, and the company remains committed to compliance. The notification was signed by CEO Noah Hershcoviz.
Spark’s Take on HUBC Stock
According to Spark, TipRanks’ AI Analyst, HUBC is a Neutral.
The overall score reflects a company facing significant financial and operational challenges, with some positive signs of operational improvements and strategic shifts. The technical analysis offers some hope for momentum, but valuation concerns and ongoing financial instability weigh heavily.
To see Spark’s full report on HUBC stock, click here.
More about Hub
YTD Price Performance: -65.80%
Average Trading Volume: 272,821
Technical Sentiment Signal: Buy
Current Market Cap: $7.19M
Find detailed analytics on HUBC stock on TipRanks’ Stock Analysis page.