HUB Cyber Security Receives Nasdaq Notification About Non-Compliance With Listing Rules For Total Assets and Total Revenue Requirement
Portfolio Pulse from Benzinga Newsdesk
HUB Cyber Security has received a notification from Nasdaq regarding non-compliance with listing rules related to total assets and total revenue requirements.
August 29, 2024 | 8:32 pm
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NEGATIVE IMPACT
HUB Cyber Security has been notified by Nasdaq for not meeting the listing requirements concerning total assets and total revenue. This could lead to potential delisting if not addressed.
The notification from Nasdaq indicates that HUB Cyber Security is not meeting the necessary financial criteria for continued listing. This poses a risk of delisting, which could negatively impact the stock price as investors may react to the potential instability and uncertainty surrounding the company's market presence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100