CISO Global, Inc. - Form 8-K Summary
Business Context and Reporting Period
CISO Global, Inc. (CISO), a Delaware corporation listed on the Nasdaq Capital Market, filed this Current Report on December 30, 2025. The filing addresses a notification received from Nasdaq regarding the company's compliance with continued listing standards.
Key Financial Metrics
This filing does not contain financial statements, revenue, profit, cash flow, margin, debt, or liquidity data. The report focuses exclusively on regulatory compliance status regarding stock price.
Material Changes
The primary material event is the notification from Nasdaq that the company's common stock closed below $1.00 per share for 33 consecutive business days. Consequently, the company no longer meets the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2).
Outlook, Risks, and Contingencies
- Compliance Period: The company has 180 calendar days, until June 29, 2026, to regain compliance.
- Remediation Requirement: To cure the deficiency, the closing bid price must be $1.00 or more for a minimum of 10 consecutive business days before the deadline.
- Secondary Compliance Option: If the initial period is unsuccessful, the company may be eligible for an additional 180-day period if it meets other listing standards (excluding bid price) and notifies Nasdaq of its intent to cure, potentially via a reverse stock split.
- Delisting Risk: Failure to regain compliance may result in delisting. While the company may appeal a delisting determination, there is no assurance of success.
- Current Status: The notification has no immediate effect on the listing of the common stock.
Investor Verification Checklist
- Verify the current trading price of CISO stock to assess proximity to the $1.00 threshold.
- Monitor the company's stock price for 10 consecutive days to determine if the initial cure period is being met.
- Review future filings for announcements regarding a potential reverse stock split if the initial cure period expires without compliance.
- Check for any subsequent Nasdaq communications regarding the company's eligibility for a second compliance period.