Nasdaq deficiency puts HUB Cyber Security (NASDAQ: HUBC) on compliance clock
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
HUB Cyber Security Ltd. received a Nasdaq notice on May 18, 2026 stating it is not in compliance with Nasdaq Listing Rule 5250(c)(1) because it has not yet filed its Annual Report on Form 20-F for the year ended December 31, 2025.
The letter is described as a standard deficiency notice and does not currently affect the listing or trading of HUB’s securities. HUB has 60 days, until July 17, 2026, to submit a compliance plan. If accepted, Nasdaq may allow up to November 11, 2026 to regain compliance; failure could ultimately lead to delisting.
Positive
- None.
Negative
- Nasdaq reporting deficiency and delisting risk: HUB Cyber Security is formally out of compliance with Nasdaq Listing Rule 5250(c)(1) due to a delayed Form 20-F for 2025. Combined with a prior market-value deficiency notice, this increases the risk that HUB’s securities could ultimately be delisted if compliance is not restored in time.
Insights
HUB faces listing risk from late 20-F, with defined cure deadlines.
HUB Cyber Security disclosed a Nasdaq deficiency notice for missing its Form 20-F for the year ended December 31, 2025. While the letter does not immediately affect trading, it formally places the company out of compliance with Nasdaq’s periodic reporting rule 5250(c)(1).
The company has 60 days, until July 17, 2026, to submit a remediation plan. If Nasdaq accepts it, HUB could receive up to November 11, 2026 to file and regain compliance. This notice comes on top of a previously disclosed deficiency related to market value of listed securities.
If Nasdaq rejects the plan or HUB misses any granted deadlines, its securities may ultimately face delisting, though the company can appeal to a Hearing Panel under Listing Rule 5815(a). Actual outcomes will depend on HUB’s ability to complete the Form 20-F within the specified timeframe.
Key Figures
Deficiency notice date: May 18, 2026
Compliance plan deadline: July 17, 2026
Maximum cure extension: November 11, 2026
+2 more
5 metrics
Deficiency notice date
May 18, 2026
Date Nasdaq letter stated non-compliance with Listing Rule 5250(c)(1)
Compliance plan deadline
July 17, 2026
60-day deadline to submit plan to regain Nasdaq compliance
Maximum cure extension
November 11, 2026
Latest potential date for Nasdaq exception period to file Form 20-F
Reporting rule cited
Nasdaq Listing Rule 5250(c)(1)
Rule requiring timely filing of periodic financial reports
Prior deficiency type
Market value of listed securities
Previously disclosed separate Nasdaq non-compliance issue
Key Terms
Nasdaq Listing Rule 5250(c)(1), deficiency notification, continued listing standards, Form 20-F, +1 more
5 terms
Nasdaq Listing Rule 5250(c)(1) regulatory
"stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) because it has not yet filed its Annual Report"
Nasdaq Listing Rule 5250(c)(1) requires companies listed on the Nasdaq stock exchange to promptly notify the exchange if their stock price falls below a certain minimum level, known as the "initial listing standards." This rule helps ensure that investors are aware of significant declines in a company's stock value, which could signal financial trouble or increased risk. Essentially, it helps maintain transparency and protect investors by keeping them informed about important changes in a company's stock performance.
deficiency notification regulatory
"This announcement is made in compliance with Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification."
A deficiency notification is a formal notice from a regulator, exchange, or reviewer pointing out missing, unclear, or inadequate information in a company’s filing or application. It matters to investors because it can delay approvals, listings, fundraising or product launches and signal compliance or disclosure problems; think of it as a teacher returning a homework sheet with items circled that must be fixed before the work is accepted.
continued listing standards regulatory
"previously disclosed letter regarding the Company’s non-compliance with Nasdaq’s continued listing standards related to market value of listed securities."
Ongoing rules a stock exchange requires a listed company to meet to keep its shares trading publicly, such as minimum share price, market value, timely financial reports, and governance practices. Think of it as a membership checklist for a club: falling short can lead to warnings or removal from the exchange, which can sharply reduce liquidity, investor confidence, and a stock’s value. Investors watch these standards to gauge regulatory risk and the stability of their holdings.
Form 20-F regulatory
"because it has not yet filed its Annual Report on Form 20-F for the period ended December 31, 2025"
Form 20-F is the standardized annual disclosure that non-U.S. companies must file with the U.S. securities regulator when their shares are traded in the U.S.; it contains audited financial statements, a plain-language description of the business, management discussion, governance details and key risk factors. It matters to investors because it provides a consistent, comparable company “report card” and rulebook, helping buyers assess financial health, governance and risks before investing.
Hearing Panel regulatory
"the Company will have the opportunity to appeal that decision to a Hearing Panel under Nasdaq Listing Rule 5815(a)."
A hearing panel is a small group of officials from a stock exchange, regulator or independent adjudicatory body that listens to evidence and arguments about rule breaches, disciplinary actions, listing eligibility or market disputes. Like a neighborhood board deciding whether a property meets community rules, the panel’s rulings can impose fines, trading suspensions or delisting, which can directly affect a company’s share price, liquidity and investor confidence.
FAQ
Why did HUB Cyber Security (HUBC) receive a Nasdaq deficiency notice?
HUB Cyber Security received a Nasdaq deficiency notice because it has not yet filed its Annual Report on Form 20-F for the year ended December 31, 2025. Nasdaq Listing Rule 5250(c)(1) requires timely filing of periodic financial reports with the SEC.
Does the Nasdaq deficiency letter immediately affect HUBC’s Nasdaq listing?
The deficiency letter has no current effect on HUBC’s listing or trading status on Nasdaq. It is described as a standard notification of non-compliance, signaling a cure process rather than imminent delisting, provided the company meets future deadlines.
How long does HUB Cyber Security have to regain compliance with Nasdaq rules?
HUB Cyber Security has 60 calendar days, until July 17, 2026, to submit a plan to regain compliance. If Nasdaq accepts this plan, it may grant up to November 11, 2026, for the company to file its Form 20-F and cure the deficiency.
What happens if Nasdaq does not accept HUBC’s compliance plan?
If Nasdaq does not accept HUBC’s compliance plan, the company may appeal the decision to a Hearing Panel under Nasdaq Listing Rule 5815(a). If it ultimately fails to regain compliance, HUBC’s securities would become subject to delisting from Nasdaq.
Is this Nasdaq notice HUB Cyber Security’s only listing issue?
No. The company states this Form 20-F reporting deficiency letter is in addition to a previously disclosed Nasdaq notice regarding non-compliance with continued listing standards tied to market value of listed securities, indicating multiple concurrent listing concerns.
What is HUB Cyber Security doing about the delayed Form 20-F filing?
HUB Cyber Security says it is working diligently to finalize and file its Form 20-F as soon as possible within Nasdaq’s prescribed timeline. However, it cautions there can be no assurance it will complete the filing within any applicable cure period.