Hub Group Receives Nasdaq Delisting Notice

OAK BROOK, Ill., Sept. 17, 2026 /CourierPR/ -- Hub Group, Inc. (Nasdaq: HUBG), received a Staff Delisting Determination from the Listing Qualifications Department of The Nasdaq Stock Market LLC on September 16, 2026. The determination was issued because the company has not filed its Annual Report on Form 10-K for the year ended December 31, 2025, and its Quarterly Reports on Form 10-Q for the periods ended March 31, 2026, and June 30, 2026. These filings are collectively referred to as the "Delinquent Reports," and the company is not in compliance with Nasdaq Listing Rule 5250(c)(1).

According to the Staff Determination, receipt of the delisting notice will not immediately result in the suspension of trading or the delisting of the company’s Class A common stock. Hub Group intends to appeal the Staff Determination by timely requesting a hearing before the Nasdaq Hearings Panel. The hearing request must be made within seven calendar days from receipt of the determination, or no later than September 23, 2026. Under Nasdaq’s listing rules, the hearing request will automatically stay the delisting action for 15 calendar days from the date of the hearing request. The company also intends to request a further stay of the delisting action pending completion of the hearing process.

The Nasdaq Hearings Department typically schedules hearings, to the extent practicable, within 30 to 45 days of a company’s hearing request. Hub Group plans to present a compelling plan to regain full compliance with Nasdaq’s continued listing requirements. While there can be no assurance, the company expects its Class A common stock to continue trading on the Nasdaq Global Select Market during the hearing process.

Hub Group, with approximately 6,000 employees and drivers across the globe, offers comprehensive transportation and logistics management solutions. The company intends to appeal the delisting determination and seeks to maintain its listing on the Nasdaq stock exchange.