Cuentas Inc. (CUEN): Nasdaq/NYSE listing notice — Cuentas receives Nasdaq delisting notice for bid price non-compliance; intends to request hearing

Cuentas Inc.

Received Nasdaq delisting notice on Dec 20, 2022 for failure to maintain minimum $1 bid price for 30 consecutive days.
Company to timely request a hearing before Nasdaq Hearings Panel; hearing stay suspends delisting pending outcome.
If delisted, common stock (CUEN) and warrants (CUENW) would trade on OTC market.
No assurance that Panel will grant extension or that compliance will be regained.

item 3.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Cuentas Inc. received a nasdaq delisting notice notice regarding minimum bid price (rules 5550(a)(2)).

Exchange: nasdaq
Notice: delisting notice
Deficiency: minimum bid price
Rules: 5550(a)(2)

Exact text from the filing

December 20, 2022, having not regained compliance with the Bid Price Rule, the Company received a letter from the Staff notifying the Company that, unless the Company timely requests a hearing, the Company’s common stock and listed warrants would be subject to delisting. Accordingly, the Company intends to timely request a hearing before a Nasdaq Hearings Panel (the “Panel”). The hearing request will result in a stay of any suspension or delisting action pending the hearing and the expiration of any extension period granted by the Panel following the hearing. In that regard, the Panel has the

View on SEC.gov

Browse all listing & compliance notices →

Cuentas Inc. filing history →

Source: SEC EDGAR

accession 0001213900-22-082619

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.