Cyngn Granted Extension for Continued Listing on Nasdaq

MENLO PARK, Calif., Feb. 21, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), today announced it has received an additional 180-day extension from Nasdaq to continue its listing on the Nasdaq Capital Market. The Company was given until August 19, 2024 to regain compliance with Nasdaq's $1 minimum bid price per share requirement. "We are pleased with the extension and express our appreciation to Nasdaq," said Cyngn's Chairman and Chief Executive Officer, Lior Tal. "We are fully commi ...