Summary by Moomoo AI
HUB Cyber Security Ltd. has announced a delay in filing its Annual Report on Form 20-F for the fiscal year ended December 31, 2023. The company was unable to meet the original filing deadline of April 30, 2024, due to the need for additional time to complete the audit of its annual financial statements. HUB Cyber Security expects to file the report by May 15, 2024, which is within the 15-day extension period allowed by the SEC. The company has also indicated that it anticipates reporting a greater operating loss, lower operating cash flow, and a larger negative Adjusted EBITDA for 2023 compared to the previous year. These figures are preliminary and subject to the completion of the audited financial statements. The notification was signed by Noah Hershcoviz, the CEO of HUB Cyber Security, on May 1, 2024.
