Form 8-K
8-K — CLOUDASTRUCTURE, INC.
Accession: 0001683168-26-004399
Filed: 2026-05-29
Period: 2026-05-26
CIK: 0001709628
SIC: 7370 (SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.)
Item: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Item: Financial Statements and Exhibits
Documents
8-K — cloud_8k.htm (Primary)
EX-99.1 — PRESS RELEASE DATED MAY 29, 2026 (cloud_ex9901.htm)
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event
reported): May 26, 2026
___________________________
CLOUDASTRUCTURE,
INC.
(Exact name of registrant as specified in its
charter)
___________________________
Delaware
001-42494
87-0690564
(State or other jurisdiction of
incorporation or organization)
(Commission File Number)
(I.R.S. Employer Identification No.)
3000 El Camino
Real, Bldg 4, Ste 200
Palo Alto,
California
94306
(Address of principal executive offices)
(Zip Code)
(650) 644-4160
Registrant’s telephone number, including
area code:
Not Applicable
(Former Name or Former Address, if Changed
Since Last Report)
___________________________
Check the appropriate
box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
☐ Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section
12(b) of the Act:
Title of Class
Trading Symbol
Name of Exchange On Which Registered
Class A Common Stock
CSAI
Nasdaq Capital Market
Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange
Act of 1934 (§240.12b-2 of this chapter).
Emerging Growth Company ☒
If an emerging growth company, indicate by
check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 3.01 Notice
of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On May 26, 2026, Cloudastructure,
Inc. (the “Company”) received a notice (the “Notice”) from the Nasdaq Listing Qualifications staff of The Nasdaq
Stock Market LLC (“Nasdaq”) indicating that, as a result of not having timely filed its Quarterly Report on Form 10-Q for
the period ended March 31, 2026 (“Form 10-Q”), the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1), which
requires timely filing of all required periodic financial reports with the Securities and Exchange Commission.
The Company requires additional
time to review and confirm the accounting treatment for its outstanding shares of Series 2 Convertible Preferred Stock.
The Notice has no immediate
effect on the listing or trading of the Company’s Class A Common Stock on the Nasdaq Capital Market. The Notice provides that the
Company has 60 days, or until July 25, 2026 (the “Compliance Plan Due Date”), to submit a plan to regain compliance with Nasdaq
Listing Rule 5250(c)(1). If the plan is accepted by Nasdaq, then Nasdaq can grant the Company up to 180 calendar days from the due date
of Form 10-Q, or November 16, 2026, to regain compliance.
The Company intends to file
the Form 10-Q prior to the Compliance Plan Due Date. However, in the event the Company is not able to file the Form 10-Q by the Compliance
Plan Due Date, the Company will submit such plan by the Compliance Plan Due Date. However, there is no assurance that Nasdaq will accept
the Company’s plan to regain compliance or, if accepted, that the Company will be able to regain compliance with Nasdaq’s
rules by November 16, 2026. If Nasdaq does not accept the Company’s plan, then the Company will have the opportunity to appeal that
decision to a Nasdaq hearings panel.
On May 29, 2026, the Company
issued a press release announcing its receipt of the Notice. A copy of the press release is attached as an Exhibit 99.1 and is incorporated
herein by reference.
This Current Report on Form
8-K contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended. These forward-looking statements include, but are not limited to, statements regarding
the Company’s ability to regain compliance with Nasdaq Listing Rule 5250(c)(1), the Company’s intention to file its Form 10-Q
prior to the Compliance Plan Due Date of July 25, 2026, the Company’s plans to submit a compliance plan to Nasdaq if the Form 10-Q
is not filed by the Compliance Plan Due Date, the Company’s ongoing review of the accounting treatment for its outstanding shares
of Series 2 Convertible Preferred Stock, and the potential timeline for regaining compliance, including the extended compliance period
through November 16, 2026. Forward-looking statements are based on current expectations and assumptions, are subject to risks and uncertainties,
and are not guarantees of future performance. Actual results may differ materially from those anticipated in the forward-looking statements
due to various factors, including but not limited to: the outcome and timing of the Company’s review of the accounting treatment
for the Series 2 Convertible Preferred Stock; the Company’s ability to complete the review procedures necessary to file the Form
10-Q; potential changes to the Company’s previously reported or current period financial results that may result from the completion
of those procedures; Nasdaq’s acceptance of the Company’s compliance plan; the outcome of any appeal to a Nasdaq hearings
panel; general economic and market conditions; and other risks and uncertainties described in the Company’s filings with the Securities
and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. The Company
undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or
otherwise, except as required by law.
2
Item 9.01 Financial
Statements, Pro Forma Financial Information, and Exhibits.
(c) Exhibits
99.1 Press Release dated May 29, 2026
104 Cover
Page Interactive File (the cover page XBRL tags are embedded in the Inline XBRL document).
EXHIBIT INDEX
Exhibit Number
Document
99.1
Press Release dated May 29, 2026.
104
Cover Page Interactive Data File (the cover page XBRL tags are embedded in the Inline XBRL document).
3
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: May 29, 2026
CLOUDASTRUCTURE, INC.
By:
/s/ Greg Smitherman
Greg Smitherman
Chief Financial Officer
(Principal Financial Officer and
Principal Accounting Officer)
4
EX-99.1 — PRESS RELEASE DATED MAY 29, 2026
EX-99.1
Filename: cloud_ex9901.htm · Sequence: 2
Exhibit 99.1
FOR IMMEDIATE RELEASE
Cloudastructure Receives Notice From Nasdaq
Palo Alto, Calif. — May 29, 2026
— Cloudastructure, Inc. (Nasdaq: CSAI), a provider of AI-powered video surveillance, remote monitoring, and cloud-based security
analytics, today announced it received a notice from Nasdaq on May 26, 2026 indicating that, as a result of not having timely filed its
Quarterly Report on Form 10-Q for the period ended March 31, 2026 (the “Form 10-Q”), the Company is not in compliance with
Nasdaq Listing Rule 5250(c)(1), which requires timely filing of all required periodic financial reports with the Securities and Exchange
Commission.
As previously announced, the delay relates to
the Company’s ongoing review, in consultation with its independent registered public accounting firm, of a complex accounting issue
associated with the balance sheet treatment of certain preferred equity instruments. The Company is continuing to work through the review
process and intends to file its Form 10-Q as soon as practicable.
The Nasdaq notice has no immediate effect on the
listing or trading of the Company’s Class A Common Stock on the Nasdaq Capital Market. The Notice provides that the Company has
60 days to submit a plan to regain compliance with Nasdaq Listing Rule 5250(c)(1). If the plan is accepted by Nasdaq, then Nasdaq can
grant the Company up to 180 calendar days from the due date of Form 10-Q, or November 16, 2026, to regain compliance.
About Cloudastructure
Headquartered in Palo
Alto, California, Cloudastructure’s patented, advanced, award-winning security platform utilizes a scalable cloud-based architecture
that features cloud video surveillance with proprietary, state-of-the-art AI/ML analytics, and a seamless remote guarding solution. The
combination enables enterprise businesses to achieve proactive, end-to-end security, and pairs that platform with an attractive value
proposition that eschews proprietary hardware and offers contract-free, month-to-month pricing and unlimited 24/7 support. With Cloudastructure,
companies can achieve unparalleled situational awareness in real time and thereby stop crime as it is happening, while simultaneously
achieving up to a 75% lower Total Cost of Ownership than other systems. For more information, visit https://www.cloudastructure.com/.
Cautionary Note Regarding
Forward-Looking Statements
Certain statements in
this press release may be considered forward-looking. Any forward-looking statement expressing an expectation or belief as to one or more
future events is expressed in good faith and believed to be reasonable. However, these statements are not guarantees of future events
and involve risks, uncertainties and other factors beyond our control. These factors include, but are not limited to, our ability to complete
the procedures necessary to file our Form 10-Q for the first quarter of 2026 and potential changes to our financial results for such quarter
that may result from the completion of those procedures. We caution you against relying on any of the forward-looking statements in this
release, as actual outcomes and results may differ materially from what is expressed in any forward-looking statement. Except as required
by applicable law, we do not intend to update any of the forward-looking statements to conform them to actual results or revised expectations.
Media Contact
Kathleen Hannon, Sr. Communications Director
Cloudastructure, Inc.
704.574.3732
Kathleen@cloudastructure.com
Investor Contact
Valter Pinto, Managing Director
KCSA Strategic Communications
212.896.1254
Cloudastructure@KCSA.com
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