Quantum Cyber (NASDAQ: MYNZ) restores Nasdaq minimum bid rule compliance
Rhea-AI Filing Summary
Quantum Cyber N.V. reports that it has regained compliance with Nasdaq’s minimum bid price requirement. Nasdaq’s Listing Qualifications Department confirmed that for 10 consecutive business days, from May 13, 2026 to May 27, 2026, the closing bid price of the company’s ordinary shares was at or above $1.00 per share.
As a result, the company now meets Nasdaq Listing Rule 5550(a)(2), and Nasdaq has closed the matter that began with a prior notice on March 20, 2026 regarding failure to maintain the minimum bid price.
Positive
- Regained Nasdaq compliance: Quantum Cyber N.V. has restored compliance with Nasdaq Listing Rule 5550(a)(2) after its shares closed at or above $1.00 for 10 consecutive business days, removing the immediate risk associated with the earlier minimum bid price deficiency notice.
Negative
- None.
Insights
Quantum Cyber removes immediate Nasdaq delisting risk by regaining minimum bid price compliance.
Quantum Cyber N.V. received confirmation from Nasdaq that its ordinary shares closed at or above $1.00 per share for 10 consecutive business days, satisfying Listing Rule 5550(a)(2). This reverses a prior notice that the shares had traded below the required level.
Maintaining this listing standard keeps the shares on the Nasdaq Capital Market, preserving access to a U.S. exchange and related liquidity. Future disclosures in company filings will show whether the share price continues to meet or exceed Nasdaq’s ongoing minimum bid requirement.