---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-069062"
form_type: "8-K"
ticker: "CUEN"
cik: "0001424657"
company_name: "Cuentas Inc."
filed_at: "2023-08-18T23:59:59+00:00"
generated_at: "2026-06-11T06:53:26.911699+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Cuentas receives Nasdaq deficiency notice for shareholders' equity below $2.5M

## Summary
- As of June 30, 2023, shareholders' equity was $1.471M, below the $2.5M minimum required by Nasdaq Rule 5550(b)(1).
- Company has until October 2, 2023 to submit a plan to regain compliance; Nasdaq may grant up to 180-day extension.
- Company also fails alternative tests of market value of listed securities ($35M) and net income from continuing operations ($500K).
- Failure to publicly disclose receipt of deficiency letter within 4 business days may result in trading halt.
- Cuentas stock (CUEN) and warrants (CUENW) will be flagged as non-compliant on Nasdaq's website after 5 business days.

## SEC filing metadata
- accession: 0001213900-23-069062
- form_type: 8-K
- ticker: CUEN
- cik: 0001424657
- company_name: Cuentas Inc.
- filed_at: 2023-08-18T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1424657/000121390023069062/0001213900-23-069062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1424657/000121390023069062/ea183902-8k_cuentas.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-069062
- JSON: https://secwatch.observer/filing/0001213900-23-069062.json
- Plain text: https://secwatch.observer/filing/0001213900-23-069062.txt

## Key facts
- Listing & Compliance Notices
  Cuentas Inc. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)(1)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: stockholders equity
  - Rules: 5550(b)(1)
  source text: ntas Inc.(Nasdaq: CUEN) (“the “Company”) received a deficiency letter from Nasdaq Regulation stating that based upon its Quarterly Report on Form 10-Q for the period ended June 30, 2023 which reported shareholders’ equity of $1,471,000, the Company was not in compliance with Nasdaq Marketplace Rule 5550(b)(1) which requires the Company to maintain shareholders’ equity of not less than $2,500,000 for continued listing on The Nasdaq Capital Market. Under Nasdaq Rules the Company has until October 2, 2023 (45 calendar days) to submit a plan to regain compliance. If its plan is accepted, Nasdaq ca
  evidence_url: https://www.sec.gov/Archives/edgar/data/1424657/000121390023069062/0001213900-23-069062-index.htm

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