HUB Cyber Security Announces Receipt of Nasdaq Notification Regarding Market Value of Listed Securities Requirement
Rhea-AI Summary
HUB Cyber Security (Nasdaq: HUBC) received a Nasdaq notification that it is not currently in compliance with Nasdaq Listing Rule 5550(b)(2) requiring a minimum Market Value of Listed Securities (MVLS) of US$35 million. The company’s ordinary shares will continue trading uninterrupted under HUBC. HUB has a 180-calendar-day compliance period ending July 20, 2026 to regain compliance by achieving an MVLS of at least US$35 million for 10 consecutive business days. If compliance is not restored, Nasdaq may begin delisting proceedings; HUB may request a hearing but there is no assurance of a successful appeal.
Positive
- Ordinary shares continue trading uninterrupted on Nasdaq
- Company granted a 180-calendar-day cure period until July 20, 2026
- Nasdaq compliance can be achieved by MVLS ≥ $35M for 10 business days
Negative
- Company currently below Nasdaq MVLS requirement of $35 million
- Risk of Nasdaq delisting if compliance not regained within 180 days
- No assurance an appeal to a Nasdaq hearings panel would succeed
Key Figures
Market Reality Check
Peers on Argus
HUBC showed a -17.06% move with limited volume while only one momentum peer (ZENA) appeared, moving up. Other software infrastructure peers posted mixed, mostly modest moves, suggesting the reaction was stock-specific rather than a broad sector rotation.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 14 | Reverse share split | Neutral | -34.8% | 1-for-15 reverse split to support higher price and Nasdaq compliance. |
| Jan 12 | CFO appointment | Positive | +7.1% | New CFO with 20+ years of capital markets and governance experience. |
| Dec 29 | Government contract win | Positive | -4.8% | NIS 16M Israeli Interior Ministry contract, ~NIS 14.5M revenue over two years. |
| Dec 22 | Board, governance update | Positive | +8.6% | Board strengthening, reverse split framework, greater capital flexibility approved. |
| Dec 18 | Insider share purchases | Positive | +9.1% | CEO and directors begin open-market share purchases at prevailing prices. |
Recent news has drawn mixed reactions, with governance and insider-related updates often met positively while corporate actions and contract wins have sometimes seen selling pressure.
Over the past months, HUB Cyber Security has focused on governance, capital structure, and commercial execution. A 1-for-15 reverse share split on Jan 15, 2026 aimed to support Nasdaq compliance but coincided with a -34.83% move. Governance changes and a new CFO appointment in January 2026 saw positive reactions. A NIS 16 million Israeli government contract announced on Dec 29, 2025 drew a mild selloff, while insider open-market share purchases on Dec 18, 2025 were followed by gains. Today’s MVLS deficiency notice extends this listing-compliance storyline.
Market Pulse Summary
This announcement formally discloses that HUBC fell below Nasdaq’s US$35 million Market Value of Listed Securities requirement and outlines a 180-day window, until July 20, 2026, to cure the deficiency. It follows earlier steps such as the 1-for-15 reverse split aimed at maintaining listing status. Investors may track whether MVLS reaches the threshold for at least 10 consecutive business days and monitor any further corporate actions or operating developments that affect valuation and listing eligibility.
Key Terms
market value of listed securities regulatory
nasdaq capital market regulatory
AI-generated analysis. Not financial advice.
TEL AVIV, Israel, Jan. 27, 2026 (GLOBE NEWSWIRE) -- HUB Cyber Security Ltd. (Nasdaq: HUBC) (“HUB” or the “Company”), a global leader in confidential computing and secured data fabric technologies, today announced that it received a letter from The Nasdaq Stock Market LLC (“Nasdaq”), 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
Pursuant to Nasdaq Listing Rule 5810(c)(3)(C), the Company has a compliance period of 180 calendar days, or until July 20, 2026 (the “Compliance Period”), to regain compliance with Nasdaq’s MVLS Requirement. If at any time during the Compliance Period, the Company’s MVLS closes at US
The Company intends to take all reasonable measures available to regain compliance with MVLS Requirement under the Nasdaq Listing Rules and to remain listed on Nasdaq. However, there can be no assurances that the Company would ultimately be able to regain compliance with all applicable requirements for continued listing on the Nasdaq Capital Market.
About HUB Cyber Security Ltd.
HUB Cyber Security Ltd. (Nasdaq: HUBC) is a global leader in confidential computing, AI-driven data fabric, and cybersecurity. HUB's Secured Data Fabric (SDF) empowers organizations to virtualize, secure, and analyze sensitive data across borders and silos generating real-time intelligence while meeting the highest regulatory standards. With operations across North America, Europe, and Israel, HUB partners with Fortune 100 companies, global banks, and sovereign institutions to secure the next generation of digital infrastructure.
Forward-Looking Statements
This press release contains forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by words such as “plan,” “believe,” “expect,” “anticipate,” “intend,” “outlook,” “estimate,” “future,” “forecast,” “project,” “continue,” “could,” “may,” “might,” “possible,” “potential,” “predict,” “seem,” “should,” “will,” “would” and other similar words and expressions, but the absence of these words does not mean that a statement is not forward-looking.
The forward-looking statements are based on the current expectations of the management of HUB, as applicable, and are inherently subject to uncertainties and changes in circumstances and their potential effects and speak only as of the date of such statement. There can be no assurance that future developments will be those that have been anticipated. These forward-looking statements involve a number of risks, uncertainties, or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those discussed and identified in public filings made with the SEC by HUB and the following: (i) the Company’s ability to meet stock exchange continued listing standards and remain listed on the Nasdaq; (ii) significant uncertainty regarding the adequacy of HUB’s liquidity and capital resources and its ability to repay its obligations as they become due; (iii) the war between Israel and Hamas commenced in October 2023, which may harm Israel’s economy and HUB’s business; (iv) expectations regarding HUB’s strategies and future financial performance, including its future business plans or objectives, prospective performance and opportunities and competitors, revenues, products and services, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and HUB’s ability to invest in growth initiatives and pursue acquisition opportunities; (v) the outcome of any legal or regulatory proceedings against HUB in connection with our previously announced internal investigation or otherwise; (vi) competition, the ability of HUB to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (vii) limited liquidity and trading of HUB’s securities; (viii) geopolitical risk, including military action and related sanctions, and changes in applicable laws or regulations; (ix) the possibility that HUB may be adversely affected by other economic, business, and/or competitive factors; and (x) other risks and uncertainties set forth in the sections entitled “Risk Factors” and “Cautionary Statement Regarding Forward-Looking Statements” in HUB’s Annual Report on Form 20-F filed on May 1, 2025.
Should one or more of these risks or uncertainties materialize or should any of the assumptions made by the management of HUB prove incorrect, actual results may vary in material respects from those expressed or implied in these forward-looking statements.
All subsequent written and oral forward-looking statements concerning HUB or other matters addressed in this press release and attributable to HUB or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in the press release. Except to the extent required by applicable law or regulation, HUB undertakes no obligation to update these forward-looking statements to reflect events or circumstances after the date of this press release to reflect the occurrence of unanticipated events.
Investor Relations
Lytham Partners
Ben Shamsian
646-829-9701
shamsian@lythampartners.com
FAQ
What Nasdaq rule did HUB Cyber Security (HUBC) fail to meet?
How long does HUBC have to regain Nasdaq compliance and what is the deadline?
What must HUBC’s market value reach to satisfy Nasdaq during the cure period?
Will HUB Cyber Security shares stop trading after the Nasdaq notice?
What happens if HUBC fails to regain compliance by July 20, 2026?
Does a hearing guarantee HUBC will remain listed on Nasdaq?
