secwatch.observer — SEC 8-K summary
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Issuer:     Cyngn Inc. (CYN)
CIK:        0001874097
Form:       8-K
Filed at:   2023-08-25T23:59:59+00:00
Accession:  0001213900-23-070969
Event type: regulatory
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1874097/000121390023070969/0001213900-23-070969-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1874097/000121390023070969/ea184235-8k_cyngn.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-070969

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