DelistingAug 12, 2026, 08:46 AM
CID HoldCo Receives Nasdaq Delisting Notice; Plans Appeal
AI Summary
CID HoldCo, Inc. (Dot Ai) announced it received a delisting notice from Nasdaq on August 6, 2026, because it failed to meet the minimum Market Value of Listed Securities (MVLS) requirement of $50 million. The company had previously received multiple deficiency notices in February 2026 but only regained compliance with the minimum bid price requirement. CID HoldCo plans to appeal the Staff Determination by August 13, 2026, which will temporarily stay the suspension of its common stock from Nasdaq.
Key Highlights
- CID HoldCo received a delisting notice from Nasdaq on August 6, 2026.
- Delisting is due to not meeting the $50 million Market Value of Listed Securities (MVLS) requirement.
- Company previously received deficiency notices for MVLS, minimum bid price, and MVPHS in February 2026.
- Regained compliance with the Minimum Bid Price Requirement by June 23, 2026.
- Failed to regain MVLS compliance by the August 4, 2026 deadline.
- Company plans to appeal the delisting determination by August 13, 2026.
- An appeal request will temporarily stay the suspension of the company's securities.
Price Impact
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