---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-070969"
form_type: "8-K"
ticker: "CYN"
cik: "0001874097"
company_name: "Cyngn Inc."
filed_at: "2023-08-25T23:59:59+00:00"
generated_at: "2026-06-11T03:40:32.660494+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Cyngn receives Nasdaq notice for bid price below $1.00; 180 days to regain compliance

## Summary
- Notification date August 24, 2023; stock closing bid below $1.00 for 30 consecutive trading days.
- Cure period ends February 20, 2024; compliance requires $1.00 or higher for 10 consecutive business days.
- If not cured, possible additional 180-day period if meets other listing standards and intends to reverse split.
- Company to monitor bid price and evaluate options to resolve deficiency.

## SEC filing metadata
- accession: 0001213900-23-070969
- form_type: 8-K
- ticker: CYN
- cik: 0001874097
- company_name: Cyngn Inc.
- filed_at: 2023-08-25T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1874097/000121390023070969/0001213900-23-070969-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1874097/000121390023070969/ea184235-8k_cyngn.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-070969
- JSON: https://secwatch.observer/filing/0001213900-23-070969.json
- Plain text: https://secwatch.observer/filing/0001213900-23-070969.txt

## Key facts
- Listing & Compliance Notices
  Cyngn Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2)
  source text: August 24, 2023, Cyngn Inc. (the “Company”) received a notification letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, because the closing bid price for the Company’s common stock listed on Nasdaq was below $1.00 for 30 consecutive trading days, the Company no longer meets the minimum bid price requirement for continued listing on The Nasdaq Capital Market under Nasdaq Marketplace Rule 5550(a)(2), requiring a minimum bid price of $1.00 per share (the “Minimum Bid Price Requirement”). The notification has no immediate effect o
  evidence_url: https://www.sec.gov/Archives/edgar/data/1874097/000121390023070969/0001213900-23-070969-index.htm

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