HUB Security (NASDAQ: HUBC) received a Staff Delisting Determination from Nasdaq due to non-compliance with the minimum bid price requirement. The company was given until January 13, 2025, to meet the minimum bid price requirement but failed to do so. In response, HUB Security appealed the decision on December 18, 2024, with a hearing scheduled for February 6, 2025.
The appeal temporarily stays any suspension or delisting action pending the hearing outcome. While there’s no guarantee of continued listing, the company believes its improved financial position supports maintaining its listing status. This follows a previous notification on December 11, 2024, regarding potential delisting due to an inadequate compliance plan that failed to demonstrate the company’s ability to achieve and sustain compliance with listing requirements.
HUB Security (NASDAQ: HUBC) ha…
