CISO Global granted additional 180-day cure period for minimum bid price rule
CISO Global received notice on June 30, 2026, that it has been granted an additional 180 calendar days, or until December 28, 2026, to regain compliance with Nasdaq's minimum bid price requirement of $1.00 per share after failing to cure during its initial 180-day compliance period, which ended June 29, 2026. The company stated it intends to cure the deficiency through a reverse stock split if necessary. The stock will remain listed on The Nasdaq Capital Market during this second compliance period; if compliance is not demonstrated by December 28, 2026, Nasdaq will issue a delisting notice.
Key facts
- Second 180-calendar-day compliance period ends December 28, 2026
- Nasdaq Listing Rule 5550(a)(2) minimum bid price requirement of $1.00 per share
- Company met market value of publicly held shares and other Nasdaq Capital Market initial listing requirements
- Reverse stock split stated as potential cure mechanism
- If closing bid price reaches $1.00 for minimum of ten consecutive business days, Nasdaq will provide written confirmation of compliance
- Reverse stock split must be completed no later than ten business days prior to December 28, 2026 expiration date
- Initial 180-day compliance period ended June 29, 2026
Why it matters
CISO Global has secured additional time to avoid delisting but faces a December 28, 2026 deadline; failure to meet the minimum bid price or execute an effective reverse stock split by then will trigger delisting proceedings, during which the company may appeal to a Hearings Panel.
Share
Derived from 8-K filed 2026-07-06. Not investment advice. View the source filing on SEC.gov →