Nasdaq to delist Cyanotech common stock on Feb 20 after failing bid price rule

CYANOTECH CORP

Nasdaq notified Cyanotech it failed to regain compliance with minimum $1.00 bid price rule; second extension denied.
Trading suspended at open on Feb 20, 2024; Nasdaq will file Form 25-NSE to remove listing.
Company expects stock to trade over-the-counter but no assurance given.
Initial notice received Aug 10, 2023; 180-day compliance period expired Feb 6, 2024.

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