DelistingJul 21, 2026, 04:07 PM
Cypherpunk Technologies Receives Nasdaq Delisting Warning
AI Summary
Cypherpunk Technologies Inc. received a notification from Nasdaq on July 20, 2026, indicating non-compliance with the minimum $1.00 bid price requirement for continued listing. The company's stock price has been below this threshold for 30 consecutive business days. Cypherpunk Technologies has 180 days, until January 19, 2027, to regain compliance by maintaining a closing bid price of at least $1.00 for 10 consecutive business days. The company plans to monitor its stock and evaluate options, including a potential reverse stock split, to address the deficiency.
Key Highlights
- Received Nasdaq notification on July 20, 2026, regarding listing deficiency.
- Closing bid price for common stock has been below $1.00 for 30 consecutive business days.
- Non-compliance with Nasdaq Listing Rule 5550(a)(2) for minimum bid price.
- Has 180 days, until January 19, 2027, to regain compliance.
- Must maintain a closing bid price of at least $1.00 for 10 consecutive business days.
- May be eligible for an additional 180-day compliance period under certain conditions.
- Company intends to monitor stock price and consider options, including a reverse stock split.
Price Impact
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