Nasdaq Grants CXApp Inc. 180‑Day Compliance Extension Amid Low Bid Price

CXAI
March 12, 2026

Nasdaq granted CXApp Inc. a 180‑day compliance extension, extending the deadline to September 7, 2026, after the company failed to maintain a closing bid price of at least $1.00 for 30 consecutive business days. The decision was communicated on March 11, 2026.

The company’s current bid price is $0.21, well below the $1.00 threshold. To regain compliance, CXApp must achieve a closing bid price of at least $1.00 for ten consecutive business days. Nasdaq granted the extension because CXApp meets all other listing requirements, including the market value of publicly held shares.

The extension follows a prior notification received on September 11, 2025, when CXApp’s stock fell below the required bid price for 30 days. Since that date, the share price has remained around $0.21, reflecting ongoing financial challenges.

Financial performance data show a decline in revenue and significant operating losses. Trailing 12‑month revenue as of September 30, 2025 was $5.22 million, while the company recorded a net loss of $11.248 million. The low bid price is driven by weak demand for its AI‑powered employee‑experience solutions and high operating costs.

Management has outlined a plan to strengthen shareholder value, including pursuing strategic partnerships, accelerating product launches, and exploring a reverse stock split. CEO Khurram Sheikh emphasized the company’s commitment to regaining compliance within the 180‑day period.

The extension provides a six‑month window to avoid delisting, but the risk remains high. Failure to meet the bid price requirement by September 7 would trigger delisting, severely limiting liquidity and access to capital.

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