CYN
$2.67
Cyngn Inc., an autonomous vehicle (AV) technology company, develops autonomous driving software in the United States.
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Cyngn Inc., an autonomous vehicle (AV) technology company, develops autonomous driving software in the United States. The company develops Enterprise Autonomy Suite, which consists of DriveMod, a modular industrial vehicle autonomous driving software...
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Cyngn announces $17M registered direct offering
Cyngn (CYN) announced that it has entered into definitive agreements in a registered direct offering with a single institutional investor for the purchase and sale of approximately $17.2M of shares of Common Stock and pre-funded warrants at a price of $7.50 per share of Common Stock. Upon closing of the offering, the company will have fully utilized its shelf registration statement. Aggregate gross proceeds to the Company are expected to be approximately $17.2 million. The transaction is expecte
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