Cycurion regains Nasdaq $1 minimum bid-price compliance after reverse split
Bitget2026/10/02 12:30- Western Acquisition Ventures Corp.-backed Cycurion regained compliance with Nasdaq’s $1.00 minimum bid price rule, removing a key delisting risk.
- Nasdaq confirmed the company met Listing Rule 5550(a)(1) following a 1-for-8 reverse stock split on Aug. 28, 2026, with the stock closing above $1.00 for 10 consecutive sessions.
- Cycurion remains listed on the Nasdaq Capital Market under CYCU.
- Nasdaq placed the company under a Discretionary Panel Monitor through Oct. 1, 2027.
- Any new breach during that period would trigger a delisting determination without the option to submit a compliance plan.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Pimco warns: 10-year US Treasury yield may hit 6%, for the first time since 2000
PIMCO's Chief Investment Officer stated that due to high oil prices intensifying inflation concerns and market unease over the growing U.S. public debt, the benchmark 10-year U.S. Treasury yield could rise to 6% for the first time since 2000.
Altcoin Rises 138% in One Month and Enters Top 20, What’s Behind the Rally? Here Are the Details
OpenAI's annualized revenue aims for $70 billions, with enterprise business as a driving force
According to sources familiar with the matter, OpenAI is expected to reach or exceed an annualized revenue of 7 billion dollars by the end of this year, mainly driven by the growth of its enterprise business.
Crypto prices
More
