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Cyngn Inc. - Common stock (CYN)

0.2700
-0.0633 (-18.99%)

Cyngn Inc is a technology company that specializes in developing advanced autonomous vehicle software solutions aimed at transforming industrial operations

The company focuses on creating intelligent vehicle systems that enhance safety, efficiency, and productivity in a variety of sectors, including logistics and warehousing. By leveraging artificial intelligence and machine learning, Cyngn enables companies to automate their fleet operations, streamline workflows, and optimize resource management, ultimately contributing to the evolution of modern industrial mobility.

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TechMediaBreaks – Cyngn Inc. (NASDAQ: CYN) Closes $9M Registered Direct
Cyngn (NASDAQCYN), a developer of AI-powered autonomous driving software solutions for industrial applications, has announced the closing of its registered direct offering priced at-the-market under Nasdaq rules for the purchase and sale of an aggregate of 15,000,000 shares of common stock (or pre-funded warrants in lieu thereof) at a purchase price of $0.60 per share (or $0.5999 for each pre-funded warrant). Cyngn secured gross proceeds of $9.0 million from the offering, of which it intends to use the net, together with its existing cash, for general corporate purposes and working capital. Aegis Capital Corp. acted as exclusive placement agent for the offering. Sichenzia Ross Ference Carmel LLP acted as counsel to the company, and Kaufman & Canoles, P.C. acted as counsel to Aegis Capital Corp.
Via Investor Brand Network · January 3, 2025
TechMediaBreaks – Cyngn Inc. (NASDAQ: CYN) Closes $20M Follow-On Offering
Cyngn (NASDAQCYN), a developer of AI-powered autonomous driving software solutions for industrial applications, has announced the closing of a follow-on offering, priced at the market, with gross proceeds to the company of approximately $20.0 million. The transaction closed on Dec. 23, 2024. Cyngn intends to use the net proceeds from the offering, together with its existing cash, for general corporate purposes and working capital. Aegis Capital Corp. acted as exclusive placement agent for the offering. Sichenzia Ross Ference Carmel LLP acted as counsel to the company, and Kaufman & Canoles, P.C. acted as counsel to Aegis.
Via Investor Brand Network · December 26, 2024
TechMediaBreaks – Aegis Capital Corp. Acts as Agent on $3.5M Private Placement for Cyngn Inc. (NASDAQ: CYN)
Aegis Capital has been in the wealth management and investment banking business since 1984 and is dedicated to providing corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions. Aegis has announced that it acted as exclusive placement agent on a $3.5 million private placement for Cyngn (NASDAQCYN) .
Via Investor Brand Network · November 15, 2024
Aegis Capital Corp. acted as Exclusive Placement Agent on a $3.5 Million Private Placement for Cyngn Inc. (NASDAQ: CYN)
NEW YORK, NY / ACCESSWIRE / November 14, 2024 / Aegis Capital Corp. acted as Exclusive Placement Agent on a $3.5 Million Private Placement for Cyngn Inc. (NASDAQCYN).
Via ACCESSWIRE · November 14, 2024
Biotech and Technology Giants Drive Innovation Across Pharma, Medical Devices, and Industrial Automation CRDL, MODD, CYN
In a wave of groundbreaking developments, Cardiol Therapeutics Inc. (Nasdaq: CRDL), Modular Medical, Inc. (Nasdaq: MODD), and Cyngn Inc. (Nasdaq: CYN) each report advancements that promise to reshape the pharmaceutical, medical, and industrial automation landscapes.
Via AB Newswire · November 7, 2024
June 2024 Spotlight Stocks Under 10¢ CYN, HNRC, PRST, RJDG, SLNA
With several companies emerging as key players amid recent developments, it can be challenging for investors to monitor all stock movements. This feature offers an in-depth look at five noteworthy companies that investors should keep on their radar right now.
Via AB Newswire · June 11, 2024
AINewsBreaks – Cyngn Inc. (NASDAQ: CYN) Closes on $5M in Public Offering
Cyngn (NASDAQCYN), a developer of AI-powered autonomous driving software solutions for industrial applications, recently announced the closing of its public offering. The offering was made on a firm commitment basis with gross proceeds of $5.0 million, before deductions. According to the announcement, the offering consisted of 50,000,000 shares of common stock and pre-funded warrants, with each sold at a purchase price of $0.10 per share (or $0.09999 per pre-funded warrant after reducing $0.00001 attributable to the exercise price of the pre-funded warrants). In addition, Cyngn granted Aegis Capital Corp., the sole bookrunner for the offering, a 45-day option to purchase up to 15% of the number of shares and pre-funded warrants sold in the offering to cover any over-allotments. The company expects to use the net proceeds from the offering for general corporate purposes, including working capital.
Via Investor Brand Network · April 26, 2024
Aegis Capital Corp. Acted as Sole Bookrunner on a $5 Million Underwritten Public Offering for Cyngn Inc. (NASDAQ:CYN)
NEW YORK, NY / ACCESSWIRE / April 25, 2024 / Aegis Capital Corp. acted as Sole Bookrunner on a $5 Million Underwritten Public Offering for Cyngn Inc. (NASDAQCYN).
Via ACCESSWIRE · April 26, 2024
AI & Technology Hybrid Investor Conference Agenda: Presentations Now Available for Online Viewing
Company Executives Share Vision and Answer Questions Live at VirtualInvestorConferences.com
By Virtual Investor Conferences · Via GlobeNewswire · April 12, 2024
AI & Technology Hybrid Investor Conference Presented by Water Tower Research Agenda Announced for April 10 and 11
Company Executives Share Vision and Answer Questions Live at VirtualInvestorConferences.com
By Virtual Investor Conferences · Via GlobeNewswire · April 9, 2024
InvestorNewsBreaks – Cyngn Inc. (NASDAQ: CYN) Secures $5M in Public Offering
Cyngn (NASDAQCYN), a developer of AI-powered autonomous driving software solutions for industrial applications, today announced the closing of its common stock public offering made on a reasonable best-efforts basis with gross proceeds of approximately $5.0. According to the announcement, the offering consisted of 33,333,333 shares of common stock and pre-funded warrants, with each sold at a purchase price of $0.15 per share (or $0.14999 per pre-funded warrant after reducing $0.00001 attributable to the exercise price of the pre-funded warrants). Cyngn intends to use the net proceeds from the offering for general corporate purposes, including working capital. Aegis Capital Corp. acted as exclusive placement agent for the offering.
Via Investor Brand Network · December 12, 2023
Aegis Capital Corp. Acted as Exclusive Placement Agent on a $5.0 Million Public Offering of Common Stock for Cyngn Inc. (NASDAQ:CYN)
NEW YORK, NY / ACCESSWIRE / December 12, 2023 / Aegis Capital Corp. acted as Exclusive Placement Agent on a $5.0 Million Public Offering of Common Stock for Cyngn Inc. (NASDAQCYN).
Via ACCESSWIRE · December 12, 2023
Cyngn to Participate at Investor Conferences with Singular Research and LD Micro
Cyngn, Inc. (the “Company” or “Cyngn”) (Nasdaq: CYN), a developer of AI-powered autonomous driving solutions for industrial applications, will participate at the Singular Research Spring Select Investor Webinar on Wednesday, May 24, 2023 at 1:00pm – 1:45pm PDT and the LD Micro investor conference on Wednesday, June 7, 2023 at 9:00am – 9:25am PDT in Los Angeles, CA.
By Cyngn, Inc. · Via Business Wire · May 18, 2023
Cyngn Reports First Quarter 2023 Financial Results
Cyngn Inc. (the “Company” or “Cyngn”) (NASDAQCYN), a developer of AI-powered autonomous driving software solutions for industrial applications, today announced its financial results for the fiscal first quarter ended March 31, 2023.
By Cyngn Inc. · Via Business Wire · May 10, 2023
Cyngn Welcomes Ex Google and Seegrid, Carnegie Mellon Alumni Sean Stetson as VP of Engineering
Cyngn, Inc. (the “Company” or “Cyngn”) (Nasdaq: CYN), a developer of AI-powered autonomous driving solutions for industrial applications, announced today that Sean Stetson has been hired as VP of Engineering. Stetson is an accomplished product development leader who brings more than 25 years of experience in commercializing emerging technologies, having previously held an executive position at Seegrid. In this role, Stetson will be responsible for overseeing all hardware and software development within the engineering organization, driving innovation and facilitating Cyngn’s continued expansion of our Enterprise Autonomy Suite (EAS) offerings.
By Cyngn, Inc. · Via Business Wire · May 9, 2023
AI-Powered Autonomous Industrial Vehicles at the Push of a Button: Cyngn Releases Enterprise Autonomy Suite 9.0
Cyngn, Inc. (the “Company” or “Cyngn”) (Nasdaq: CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, has announced the release of its Enterprise Autonomy Suite (EAS) version 9.0.
By Cyngn, Inc. · Via Business Wire · May 3, 2023
Cyngn and Global Mining Vehicle OEM Continue to Make Progress in Ongoing AV Commercialization Project
Cyngn, Inc. (the “Company” or “Cyngn”) (Nasdaq: CYN), a developer of AI-powered autonomous driving solutions for industrial applications, today announced that it has successfully completed Phase 2 of its multi-phase project with a global, large-cap company in the heavy machinery industry. The project focuses on implementing autonomous vehicle (AV) technology in the mining domain. Cyngn has achieved state-of-the-art results with elements of its AV technology that are not currently used by the mining industry but can introduce paradigm-shifting automation capabilities, primarily by increasing the uptime of automated mining vehicles. These novel results were achieved in the field, and the technology is expected to evolve into a commercial product after the project-based work is done.
By Cyngn, Inc. · Via Business Wire · April 26, 2023
Cyngn Announces Date for Fiscal First Quarter 2023 Financial Results
Cyngn, Inc. (the “Company” or “Cyngn”) (Nasdaq: CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, will announce its fiscal first quarter 2023 financial results for the period ended March 31, 2023, on Wednesday, May 10, 2023, after the close of market.
By Cyngn, Inc. · Via Business Wire · April 25, 2023
Cyngn to Participate at the Ladenburg Thalmann Tech Expo 2023
Cyngn Inc. (the “Company” or “Cyngn”) (Nasdaq: CYN), a developer of innovative autonomous driving software solutions for industrial applications, will participate at the Ladenburg Thalmann Technology Expo 2023 in New York on Thursday, April 27, 2023 at 11:30 a.m. EDT. Lior Tal, CEO, will provide a company business overview.
By Cyngn Inc. · Via Business Wire · April 13, 2023
Cyngn Hires Felix Singh as VP of Engineering Services to Streamline Deployment Automation and Expand Customer Technical Support
Cyngn Inc. (the “Company” or Cyngn”) (Nasdaq: CYN), a developer of innovative autonomous driving software solutions for industrial applications, announced today that Felix Singh has been hired as Vice President of Engineering Services. In his new role, Singh will be responsible for QA (quality assurance), scaling technical support, technical program management and streamlining deployment processes for Cyngn’s Enterprise Autonomy Suite (EAS) products. Singh brings over 20 years of experience in the industry, having held leadership positions at Brain Corp and Qualcomm.
By Cyngn Inc. · Via Business Wire · April 11, 2023
Cyngn to Participate in the Electric Vehicle & Auto Tech Virtual Conference Presented by Maxim Group LLC
Cyngn Inc. (the “Company” or “Cyngn”) (NASDAQCYN), a developer of innovative autonomous driving software solutions for industrial applications, will participate at the Electric Vehicle & Auto Tech Virtual Conference, presented by Maxim Group LLC and hosted by M-Vest, on Thursday, March 30, 2023 at 2:00 p.m. EDT. Ben Landen, VP of Business Development will participate in a fireside chat discussion with analyst Matt Galinko.
By Cyngn Inc. · Via Business Wire · March 22, 2023
Cyngn Reports Fourth Quarter and Fiscal Year 2022 Financial Results
Cyngn Inc. (the “Company” or “Cyngn”) (NASDAQCYN), a developer of innovative autonomous driving software solutions for industrial applications, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2022.
By Cyngn Inc. · Via Business Wire · March 15, 2023
Cyngn Announces Date for Fiscal Fourth Quarter and Year-End 2022 Financial Results
Cyngn, Inc. (the “Company” or “Cyngn”) (NASDAQCYN), a developer of innovative autonomous driving software solutions for industrial applications, will announce its fiscal fourth quarter and year-end 2022 financial results for the period ended December 31, 2022, on Wednesday, March 15, 2023, after the close of market.
By Cyngn, Inc. · Via Business Wire · March 8, 2023
Cyngn to Showcase DriveMod-Enabled Autonomous Stockchaser to Prospective Customers at the ARA Show in Orlando, Florida
Cyngn, Inc. (the “Company” or “Cyngn”) (NASDAQCYN), a developer of innovative autonomous driving software solutions for industrial applications, today announced that the Company will be attending The ARA Show, the world’s largest equipment and event rental tradeshow at the Orange County Convention Center in Orlando, Florida, February 13th to February 15th, 2023.
By Cyngn, Inc. · Via Business Wire · February 13, 2023
Cyngn to Participate at Emerging Growth Investor Conference
Cyngn Inc. (the “Company” or “Cyngn”) (NASDAQCYN), a developer of innovative autonomous driving software solutions for industrial applications, will participate at the Emerging Growth Conference on Wednesday, February 8, 2023, at 11:55 a.m. PT/2:55 p.m. ET. Register here to view the presentation live. A replay will be available on the Cyngn website under the “Investor Relations, Events and Presentations” section at https://investors.cyngn.com/events-presentations/.
By Cyngn Inc. · Via Business Wire · February 8, 2023