On September 9, 2024, Cingulate Inc., a company listed on the Nasdaq Stock Market, announced that it has regained compliance with the Nasdaq's Minimum Bid Price requirement. The Nasdaq Hearings Panel confirmed that Cingulate's common stock met the $1.00 minimum bid price condition necessary for continued listing on the exchange. This follows a previous notification on June 17, 2024, when Cingulate was informed of its non-compliance with the same requirement. The company was granted an exception on August 2, 2024, to meet this requirement by August 23, 2024. Despite regaining compliance, Cingulate will remain under the Nasdaq Panel's discretionary monitoring until May 21, 2025, to ensure ongoing adherence to the exchange's listing rules.

On September 9, 2024, Cingulate Inc., a company listed on the Nasdaq Stock Market, announced that it has regained compliance with the Nasdaq's Minimum Bid Price requirement. The Nasdaq Hearings Panel confirmed that Cingulate's common stock met the $1.00 minimum bid price condition necessary for continued listing on the exchange. This follows a previous notification on June 17, 2024, when Cingulate was informed of its non-compliance with the same requirement. The company was granted an exception on August 2, 2024, to meet this requirement by August 23, 2024. Despite regaining compliance, Cingulate will remain under the Nasdaq Panel's discretionary monitoring until May 21, 2025, to ensure ongoing adherence to the exchange's listing rules.