# Neonode Inc. (NEON) — delisting/forced [announced]
Source: SEC API (secapi.ai) · situation sit_e34aace918dfcf8fde58 · retrieved 2026-08-13T09:40:39.486Z

## Overview
Neonode Inc. is an electronic components manufacturer (SIC 3679) incorporated in Delaware and headquartered in Stockholm, Sweden, with common stock trading on the Nasdaq Capital Market under the symbol NEON.

On August 6, 2026, Neonode Inc. received a written notification from Nasdaq's Listing Qualifications Department that the company's common stock had failed to maintain the minimum $1.00 per share bid price for 30 consecutive business days, placing it in violation of Nasdaq Listing Rule 5550(a)(2). The company has been granted a 180 calendar day grace period, expiring February 2, 2027, to regain compliance by achieving a closing bid price of at least $1.00 per share for a minimum of ten consecutive business days. If the company does not regain compliance by February 2, 2027, it may be eligible for a second 180-day grace period if it meets other continued listing requirements and provides written notice of its intent to cure the deficiency, potentially through a reverse stock split.

## Terms
- Counterparty: The Nasdaq Stock Market LLC · Price/share: $1

## Key dates
- Announced 2026-08-07 · Expiry 2027-02-02

## Timeline
- 2026-08-07 · 8-K (0001437749-26-026593): 8-K - Neonode Inc. — *Neonode Inc. is an electronic components manufacturer (SIC 3679) incorporated in Delaware and headquartered in Stockholm, Sweden, with common stock trading on the Nasdaq Capital Market under the symbol NEON.* On August 6, 2026, Neonode Inc. received a written notification from Nasdaq's Listing Qualifications Department that the company's common stock had failed to maintain the minimum $1.00 per share bid price for 30 consecutive business days, placing it in violation of Nasdaq Listing Rule 5550(a)(2). The company has been granted a 180 calendar day grace period, expiring February 2, 2027, to regain compliance by achieving a closing bid price of at least $1.00 per share for a minimum of ten consecutive business days. If the company does not regain compliance by February 2, 2027, it may be eligible for a second 180-day grace period if it meets other continued listing requirements and provides written notice of its intent to cure the deficiency, potentially through a reverse stock split.
  https://www.sec.gov/Archives/edgar/data/87050/0001437749-26-026593.txt

## Citations
- 0001437749-26-026593 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000143774926026593