TechMediaBreaks – HUB Cyber Security Ltd. (NASDAQ: HUBC) Announces Need for Additional Time to Complete 2023 Annual Report
HUB Cyber Security (NASDAQ: HUBC), a developer of confidential computing cybersecurity solutions and advanced data services, needs additional time to complete the audit of its annual 2023 financial statements; the company also needs additional time to file its 2023 annual report. The company noted that its recent acquisition of QPoint along with efforts to finalize a debt restructuring has resulted in the need for additional time. Both these key milestones should increase the company’s financial stability and enhance its operational capabilities. “The company has received a notice from the NASDAQ Stock Market LLC indicating noncompliance with NASDAQ Listing Rule 5250(c)(1)…