Cyngn Receives Nasdaq Minimum Bid Price Deficiency Notice; 180-Day Clock to April 12, 2027
CYN is trading near its 52-week low of $0.435 (11% above the low).
Summary
Cyngn received a Nasdaq notice that it no longer meets the $1.00 minimum bid price requirement, giving it until April 12, 2027 to regain compliance. A reverse stock split, already scheduled for a November 3 shareholder vote, is the likely fix.
Key Events · Legal and Risk Events · CYN
-
Nasdaq Minimum Bid Price Deficiency Notice
On October 14, 2026, Nasdaq notified Cyngn that its common stock closed below $1.00 for 30 consecutive business days, failing the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2).
-
180-Day Compliance Deadline Set
Cyngn has until April 12, 2027 to regain compliance; the stock must close at or above $1.00 for at least 10 consecutive business days, though Nasdaq may require up to 20 days.
-
Second Compliance Period Possible
If Cyngn misses the April 12, 2027 deadline, it may qualify for an additional 180 days by meeting the market value of publicly held shares and all other initial listing standards except bid price.
-
Reverse Split Vote Pending November 3
Shareholders are scheduled to vote November 3 on a reverse stock split of 1-for-5 to 1-for-150, previously disclosed in the September 11 preliminary proxy and September 21 definitive proxy, as the primary path to regain compliance.
Analysis · CYN · Technology
Cyngn has fallen below Nasdaq's $1.00 minimum bid price and now has until April 12, 2027 to regain compliance. The company can cure the deficiency if its stock closes at or above $1.00 for 10 consecutive business days, and it may qualify for a second 180-day period if it meets the market value of publicly held shares and other initial listing standards. The reverse stock split already up for a shareholder vote on November 3 is the most likely remedy. If the company cannot cure the deficiency, its shares face delisting from the Nasdaq Capital Market, which would sharply reduce liquidity and institutional access for a stock already trading at $0.481.
How filings like this one have moved
In the 30 days to Nov 2, 2026, 40.4% of the 1069 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.35%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, CYN was trading at $0.48 on NASDAQ in the Technology sector, with a market capitalization of approximately $7.4M. The 52-week trading range was $0.44 to $5.60. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.