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Cyngn warns Nasdaq of audit committee non-compliance after director Karen Macleod steps down
CYNCyngn Inc.
Cyngn Inc. notified Nasdaq that its Audit Committee will fall below the required three-member minimum when Karen Macleod resigns following the November 3, 2026 Annual Meeting. The company has until the earlier of its next annual meeting or November 3, 2027 to regain compliance by appointing a qualified independent director. Macleod's departure was not due to any disagreement with management. Cyngn Inc. develops and manufactures autonomous electric vehicles for industrial applications.