Cyngn receives Nasdaq notice over minimum bid price noncompliance

Nasdaq gave Cyngn 180 calendar days, until April 12, 2027, to regain compliance. The company must have closing bids of at least $1 for 10 consecutive business days; Nasdaq may generally require up to 20. An additional 180 days may be available if Cyngn meets other listing standards and commits to address the shortfall, potentially through a reverse stock split. Failure to qualify for more time or demonstrate an ability to cure could lead to delisting, subject to appeal.