While achieving the minimum bid price requirement organically is preferred, despite our best efforts, achievement of many commercial milestones and significant progress in 2024, to date, we have not been able to achieve this. Therefore, my recommendation to the Board of Directors and to you, the shareholders of Cyngn, is that we enable the option of the reverse stock split as a potential remedy for regaining the minimum bid compliance before the deadline. Voting to authorize this option is of vital importan ...

MENLO PARK, Calif., May 16, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) today shared several commercial and technological accomplishments from the first quarter of 2024, including valuable progress with renowned brands like John Deere and Rivian, the expansion of our distribution network, and key collaborations aimed at advancing our artificial intelligence and robotics technologies. As Cyngn progresses through 2024, the Company remains focused on scaling to capitalize on opport ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission file number: 001-40932 CYNGN INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or o ...

Exhibit 99.1 Cyngn Reports First Quarter 2024 Financial Results MENLO PARK, Calif., May 8, 2024 – Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) today announced its financial results for the fiscal first quarter ended March 31, 2024. Recent Operating Highlights: "During the first quarter, we continued the momentum we made during 2023, marked by rapid strides toward broad commercialization," said Lior Tal, Cyngn's CEO. "Our success is bolstered by the strength of our ecosystem partners, particularly wit ...

MENLO PARK, Calif., May 3, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, today announced the underwriter of its previously announced firm commitment public offering has exercised its over-allotment option to purchase an additional 2,040,000 shares of common stock at a price of $0.10 per share. Total gross proceeds to the Company from the offering, including funds received from the prior c ...

公开发行详情 - Cyngn公司在2024年4月25日宣布完成了公开发行，募集资金达500万美元[1] - Aegis Capital Corp.获得了45天的购买期权，以购买公开发行中15%的股票和预先融资的认股权证[2] - Cyngn公司计划将募集的净收益用于一般企业用途，包括营运资金[3] - Aegis Capital Corp.担任本次发行的唯一包销商，Sichenzia Ross Ference Carmel LLP担任公司的法律顾问[4]

Cyngn公司募集资金 - Cyngn公司宣布通过公开发行募集资金约500万美元[1] - Cyngn公司计划将募集到的净收益用于一般企业用途，包括营运资金[3] Aegis Capital Corp.的角色 - Aegis Capital Corp.获得了购买15%股份或预先融资认股权的45天选择权[2] - Aegis Capital Corp.是本次发行的唯一簿记主承销商[4]

MENLO PARK, Calif., April 23, 2024 /PRNewswire/ -- Cyngn Inc. ("Cyngn", NASDAQ: CYN) has been chosen to supply its DriveMod Tuggers for industrial automation to John Deere's operation in Dubuque, Iowa. Cyngn is a supplier of AI-powered autonomous vehicle and data solutions based in Menlo Park, CA. Cyngn Joins John Deere Supply Base "We are thrilled to be working with Deere, a company that has a long history of producing cutting-edge technology that yields amazing products for its customers," said Cyngn' ...

MENLO PARK, Calif., April, 18, 2024 /PRNewswire/ --  Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN). Business Update from Lior Tal, CEO at Cyngn Inc.Dear Shareholders, Customers, and Partners, Business Update from Lior Tal, CEO at Cyngn Inc. I want to take this opportunity to put some of the recent press releases and milestones we announced in context and to provide an update on the progress we've made both operationally and technologically to accelerate revenues and position Cyngn for success. Ma ...

Cyngn invites individual and institutional investors, as well as advisors and analysts, to attend in person or online at VirtualInvestorConferences.comMENLO PARK, Calif., April 10, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) today announced that Ben Landen, Cyngn's Vice President of Business Development, will present live at the AI & Technology Hybrid Virtual Investor Conference presented by Water Tower Research and hosted by VirtualInvestorConferences.com, on April 11th, 2024.D ...