Cyngn Inc. (CYN): director Karen Macleod resigned; search underway

CYN · Nasdaq · Services-Computer Programming Services · <br>Emerging growth company · CA · Form 8-K filed 2026-10-30

Karen Macleod resigned from the Audit Committee; the Company will seek a replacement to regain Nasdaq compliance by November 3, 2027.

Open seatNo successor namedSearch underway

Events in this filing

1 event: Departure (Director).

Names, stated reasons, successor status, compensation terms and the evidence quotes are shown to subscribers. See plans

Item 5.02 as filed

Item 5.02 below is
incorporated into this Item 3.01 by reference. On October 30, 2026, Cyngn Inc. (the “Company”) notified The Nasdaq Stock
Market LLC (“Nasdaq”) that, when the resignation of Karen Macleod takes effect, the Audit Committee of the
Company’s Board of Directors (the “Board”) will have two members, and the Company will not meet the
requirement of Nasdaq Listing Rule 5605(c)(2)(A) that the audit committee have at least three members and at least one member who is financially sophisticated. Under Nasdaq Listing Rule
5605(c)(4)(B), the Company expects to have until the earlier of its next annual meeting of stockholders or November 3, 2027 to
regain compliance. The Company intends to regain compliance within that period by expeditiously appointing a qualified independent
director to the Board and the Audit Committee.

Source filing on EDGAR →