HUB Cyber Security announced that it received a letter from The Nasdaq Stock Market, notifying the Company that it is currently not in compliance with Nasdaq Listing Rule 5550(b)(2), which requires the Company to maintain a minimum Market Value of Listed Securities of US$35 million for continued listing on The Nasdaq Capital Market. The notification has no immediate effect on the listing of the Company’s ordinary shares, which will continue to trade uninterrupted on Nasdaq under the ticker “HUBC.”
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