CSAI CLOUDASTRUCTURE, INC.
Price Chart
Executive Summary
Cloudastructure received a Nasdaq delisting notice on May 26, 2026 for failing to timely file its Q1 2026 Form 10-Q, due to a complex accounting review of Series 2 Convertible Preferred Stock. The company has 60 days (until July 25, 2026) to submit a compliance plan, with a potential extension to November 16, 2026, but there is no assurance of acceptance or eventual compliance. At a $13M market cap, the risk of eventual delisting is material and could severely reduce institutional ownership and liquidity.
Actionable Insight
Monitor for the compliance plan submission by July 25, 2026 and Nasdaq's acceptance decision. If the plan is rejected or the 10-Q remains unfiled by November 16, 2026, delisting becomes highly probable — traders should consider reducing exposure before those dates. The accounting issue around Series 2 Convertible Preferred Stock could also reveal balance sheet adjustments when the 10-Q is eventually filed.
Key Facts
- Nasdaq notice received May 26, 2026 for late filing of Q1 2026 Form 10-Q (violation of Listing Rule 5250(c)(1))
- 60-day deadline to submit a compliance plan: July 25, 2026
- If plan accepted, Nasdaq can grant up to 180 days from the 10-Q due date, i.e., until November 16, 2026, to regain compliance
- Delay caused by ongoing review of accounting treatment for Series 2 Convertible Preferred Stock
- No immediate effect on listing or trading of CSAI common stock on Nasdaq Capital Market
- Market cap is approximately $13M — a micro-cap with limited resources to navigate delisting risk
Financial Impact
No financial figures provided in the filing; the material impact is the delisting risk itself, which threatens liquidity and institutional ownership for a $13M market cap company.
Risk Factors
- Nasdaq may reject the compliance plan, triggering a hearings process and eventual delisting
- The accounting review for Series 2 Convertible Preferred Stock could result in material restatements or adverse balance sheet adjustments
- Delisting would severely reduce liquidity and likely trigger a significant stock price decline for this micro-cap
- The company has a 0% win rate on prior T+20 calls (4 settled reports), suggesting persistent negative drift
Market Snapshot
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001683168-26-004399 |
| Document: cloud_ex9901.htm | 0001683168-26-004399 |
| Document: 0001683168-26-004399-index-headers.html | 0001683168-26-004399 |
| Document: 0001683168-26-004399-index.html | 0001683168-26-004399 |
| Document: 0001683168-26-004399.txt | 0001683168-26-004399 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 29, 2026
11d ago
|
8-K
| $0.4780 $0.3310 | ▲ +30.75% | ▲ +28.00% | $0.3690 (+22.80%) |
|
May 18, 2026
22d ago
|
8-K
| $0.5280 $0.4650 | ▲ +11.93% | ▲ +13.55% | $0.3690 (+30.11%) |
|
Apr 22, 2026
6w ago
|
8-K
| $0.5850 $0.5320 | ▼ −9.06% | ▼ −10.54% | $0.3690 (−36.92%) |
|
Apr 1, 2026
9w ago
|
Press Release
| $0.5740 $0.6100 | ▲ +6.27% | ▲ +2.51% | $0.3690 (−35.71%) |
|
Mar 31, 2026
10w ago
|
Press Release
| $0.6080 $0.5830 | ▼ −4.11% | ▼ −8.06% | $0.3690 (−39.31%) |
US Market Status
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