secwatch.observer — SEC 8-K summary
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Issuer:     Cyngn Inc. (CYN)
CIK:        0001874097
Form:       8-K
Filed at:   2024-02-21T23:59:59+00:00
Accession:  0001213900-24-015778
Event type: regulatory
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cyngn receives 180-day Nasdaq extension to August 19, 2024 for minimum bid price compliance
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- Nasdaq granted Cyngn additional 180-day grace period until August 19, 2024 to meet $1 minimum bid price requirement.
- Company must have closing bid price at least $1.00 for 10 consecutive business days by August 19, 2024.
- Failure to regain compliance may result in delisting from Nasdaq Capital Market, with right to appeal.
- Original non-compliance disclosed August 24, 2023; initial cure period expired February 20, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1874097/000121390024015778/0001213900-24-015778-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1874097/000121390024015778/ea0200420-8k_cyngninc.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-015778

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