Cypherpunk Technologies Inc. (CYPH) disclosed that it received a deficiency notice from Nasdaq on July 20, 2026. The notice was issued because the company's common stock failed to maintain a minimum closing bid price of $1.00 per share for 30 consecutive business days, as required for continued listing.
This notice does not immediately affect the listing or trading of the company's stock, which continues to trade on the Nasdaq Capital Market under the symbol CYPH. The company has a 180-day period to regain compliance.
Key Details
- Notice Received: The notification was received on July 20, 2026, for violating Nasdaq Listing Rule 5550(a)(2).
- Compliance Deadline: The company has until January 19, 2027, to regain compliance.
- Compliance Requirement: To regain compliance, the stock's closing bid price must be at least $1.00 per share for a minimum of 10 consecutive business days.
- Company Response: Management is monitoring the stock price and considering plans to regain compliance, which may include a reverse stock split.