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Cyngn said its common stock traded below Nasdaq’s $1.00 minimum bid price for 30 consecutive business days. The notice has no immediate impact on the stock’s listing; the company has until April 12, 2027, with a possible extension.
Cyngn received a Nasdaq noncompliance notice October 14, 2026, because its common stock closed below $1 for 30 consecutive business days. The notice has no immediate listing impact; the company has 180 calendar days, until April 12, 2027, to regain compliance. Compliance requires closing bids of at least $1 for 10 cons