Business
CXApp Inc. Receives Additional 180-Day Compliance Period from Nasdaq
PALO ALTO, CA / ACCESS Newswire / March 12, 2026 / CXApp Inc. (NASDAQ:CXAI), the leader in agentic AI-powered workplace experience and spatial intelligence solutions, today announced that it has received formal notification from The Nasdaq Stock Market ...
About this update from Cxapp Inc.
[{"type":"text","content":"PALO ALTO, CA / ACCESS Newswire / March 12, 2026 / CXApp Inc. (NASDAQ:CXAI), the leader in agentic AI-powered workplace experience and spatial intelligence solutions, today announced that it has received formal notification from The Nasdaq Stock Market LLC ("Nasdaq") granting theCompany an additional 180-day compliance period, until September 7, 2026, to regain compliance with the Nasdaq CapitalMarket's minimum $1.00 bid price requirement.","length":457,"tagName":"p"},{"type":"text","content":"As previously disclosed, the Company was initially notified by Nasdaq on September 11, 2025 that its common stock had not maintained a closing bid price of at least $1.00 per share for 30 consecutive business days. Under Nasdaq Listing Rule 5810(c)(3)(A), companies may be granted a second compliance period if they meet all other continued listing requirements.","length":362,"tagName":"p"},{"type":"text","content":"Nasdaq has determined that CXApp meets all other applicable listing standards for the Nasdaq Capital Market, including requirements related to market value of publicly held shares, and has therefore granted the Company this additional compliance period.","length":253,"tagName":"p"},{"type":"text","content":"If at any time during this period the closing bid price of the Company's common stock is at least $1.00 per share for a minimum of ten consecutive business days, Nasdaq will provide written confirmation that the Company has regained compliance and the matter will be closed.","length":278,"tagName":"p"},{"type":"text","content":"Khurram Sheikh, Chairman and CEO of CXApp, commented:","length":53,"tagName":"p"},{"type":"text","content":""We appreciate Nasdaq granting CXAI this additional compliance period. Our team remains fully committed to strengthening shareholder value and executing on our strategy to deliver enterprise-scale agentic AI solutions that transform the workplace experience. We are focused on continued operational progress, strategic partnerships, and growth initiatives that we believe will support our efforts to regain compliance well within this 180-day period."","length":461,"tagName":"p"},{"type":"text","content":"The notification has no immediate effect on the listing of the Company's common stock, which will continue to trade on the Nasdaq Capital Market under the ticker symbo...