CXApp regains Nasdaq minimum bid price compliance
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CXApp Inc. (NASDAQ: CXAI) announced it has received formal notification from Nasdaq confirming the company has regained compliance with Nasdaq Listing Rule 5550(a)(2), the minimum bid price requirement for continued listing on the Nasdaq Capital Market.
Nasdaq determined that the closing bid price of CXAI's Class A common stock was at or above $1.00 per share for 10 consecutive business days, from August 19, 2026 through September 1, 2026, satisfying the requirement. Nasdaq confirmed the matter is now closed.
"This is an important milestone for CXAI and removes an uncertainty that has been overhanging our company," said Khurram Sheikh, Chairman and Chief Executive Officer of CXApp. "With this matter now formally closed, our focus is squarely on execution and building long-term shareholder value."
According to a company press release, CXApp stated its strategy is centered on expanding its AI platform across workplace environments, individual productivity tools and business intelligence capabilities. The company also referenced the addition of a product called EngineRoom as part of what it calls its CXAI 2.0 platform.
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