Cycurion, Inc. (CYCU) received a delisting determination letter from Nasdaq on July 10, 2026, for failing to meet the minimum bid price requirement of $1.00 per share. The company is ineligible for the standard 180-day compliance period due to a recent reverse stock split and plans to appeal the decision, which will stay the suspension of its securities pending a hearing.
Key Details
- Reason for Notice: The company's stock closed below $1.00 for 31 consecutive business days, from May 26, 2026, to July 9, 2026.
- Company Action: CYCU will request a hearing before the Nasdaq Hearings Panel by the July 17, 2026, deadline to appeal the determination.
- Listing Status: A timely hearing request will stay the trading suspension, previously set for July 21, 2026. The stock will continue to trade on Nasdaq during the appeal process.