---
schema_version: "secwatch.filing_event.v1"
accession: "0001013762-23-001706"
form_type: "8-K"
ticker: "CUEN"
cik: "0001424657"
company_name: "Cuentas Inc."
filed_at: "2023-10-04T23:59:59+00:00"
generated_at: "2026-06-10T04:41:42.693029+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cuentas faces Nasdaq delisting for failing to meet $2.5M equity minimum

## Summary
- Received Nasdaq Staff Determination on Oct 3, 2023 for missing deadline to submit compliance plan under Listing Rule 5550(b)(1).
- Company will request a hearing; hearing request stays any suspension or delisting until panel decides.
- Panel may grant extension until April 1, 2024, but no assurance of ultimate compliance.

## SEC filing metadata
- accession: 0001013762-23-001706
- form_type: 8-K
- ticker: CUEN
- cik: 0001424657
- company_name: Cuentas Inc.
- filed_at: 2023-10-04T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1424657/000101376223001706/0001013762-23-001706-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1424657/000101376223001706/ea186290-8k_cuentas.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001013762-23-001706
- JSON: https://secwatch.observer/filing/0001013762-23-001706.json
- Plain text: https://secwatch.observer/filing/0001013762-23-001706.txt

## Key facts
- Listing & Compliance Notices
  Cuentas Inc. received a nasdaq delisting notice notice regarding stockholders equity (rules 5550(b)(1)).
  - Exchange: nasdaq
  - Notice: delisting notice
  - Deficiency: stockholders equity
  - Rules: 5550(b)(1)
  source text: ued Listing Rule or Standard; Transfer of Listing. On October 3 2023, Cuentas Inc.(Nasdaq: CUEN) (“the “Company”) received a Staff Determination Letter from Nasdaq Regulation stating that due to the Company’s failure by October 2, 2023, to submit a plan to regain compliance with Nasdaq Listing Rule 5550(b)(1), the $2.5 million stockholders’ equity requirement, the Company would be subject to delisting unless it timely requests a hearing before a Nasdaq Hearings Panel (the “Panel”). Accordingly, the Company intends to timely request a hearing before the Panel. The hearing request will stay any
  evidence_url: https://www.sec.gov/Archives/edgar/data/1424657/000101376223001706/0001013762-23-001706-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
