Cycurion is trading at $0.44 (7.1% down) after announcing it received a Nasdaq delisting determination letter for failing to meet the $1.00 minimum bid price requirement.
- The company stated it will appeal the decision to the Nasdaq Hearings Panel, which allows its shares to continue trading throughout the appeal process.
- Management warned there is no assurance of regaining compliance or maintaining its listing, a factor likely weighing on investor sentiment.