Cycurion (NASDAQ:CYCU) said it received a delisting determination letter from Nasdaq after failing to meet the $1.00 minimum bid price requirement by the October 6 deadline.
The company has appealed the decision, which stays the suspension pending a hearing.
Cycurion’s board has approved a 30-for-1 reverse stock split, expected to take effect on October 27, in an effort to regain compliance.
3 hours ago
1
English (US) ·