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Cyngn Inc. has been told it might be removed from Nasdaq because its stock price has stayed under $1.00.

TroubleRead the original at SEC EDGAR
Bad for CYN

Nasdaq says Cyngn's share price stayed below its $1 rule for 30 business days, putting its listing at risk. The company has until April 12, 2027, to fix this, and the warning has no immediate effect on its listing.

CYN · Cyngn Inc.

AI read · Bad for CYN

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That puts Cyngn's Nasdaq listing at risk if it cannot raise its share price enough to meet the rule. The warning does not remove its listing now, and the company has time to fix the problem. Still, the filing gives no assurance that it will succeed.

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