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Nasdaq notifies Cyngn of non-compliance with the $1.00 minimum bid price requirement
CYNCyngn Inc.
Cyngn Inc. received a notification from Nasdaq on October 14, 2026, stating that its common stock no longer meets the Minimum Bid Price Requirement because the closing bid price was below $1.00 for 30 consecutive business days. The company has until April 12, 2027, to regain compliance by maintaining a closing bid price of at least $1.00 for ten consecutive business days. Failure to comply may result in delisting proceedings. Cyngn Inc. develops autonomous driving technology for industrial vehicles.