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Cyngn(CYN) - 2024 Q2 - Quarterly Report
2024-08-08 20:53
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, $0.00001 CYN Nasdaq Stock Market LLC FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 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 numb ...
Cyngn Reports Second Quarter 2024 Financial Results
Prnewswire· 2024-08-07 20:05
Recent Operating Highlights: MENLO PARK, Calif., Aug. 7, 2024 /PRNewswire/ -- Cyngn (or the "Company) (Nasdaq: CYN), developer of industrial autonomous vehicles, today announced financial results for its second quarter, ended Jun 30, 2024. "During the second quarter, we continued the momentum we made in Q1, marked by rapid strides toward broad commercialization," said Cyng CEO, Lior Tal. "In addition to the progress we made with John Deere, another key priority has been to expand our sales channels to acces ...
Cyngn Regains Nasdaq Compliance and Confirms No Increase in Authorized Shares
Prnewswire· 2024-07-22 11:05
MENLO PARK, Calif., July 22, 2024 /PRNewswire/ -- Cyngn Inc. (Nasdaq: CYN) (or the "Company") announced today that it has received a notice from Nasdaq confirming that the Company has regained compliance with the Nasdaq's Capital Market's minimum bid price requirement of $1.00 per share. The notice from Nasdaq indicates that the Company is in compliance with the Nasdaq Capital Market's listing requirements and the Company's common stock will continue to be listed and traded on Nasdaq. In addition to achievi ...
With more than $1bn in annual sales, Alta Equipment Group joins Cyngn's Dealer Network
Prnewswire· 2024-07-11 11:05
Alta Equipment Group joins Cyngn's Dealer NetworkAlta Equipment Group joins Cyngn's Dealer Network Cyngn plans to continue expanding its Dealer Network by adding more distribution and integration partners in the future. Media Contact: Luke Renner, Head of Marketing [email protected] SOURCE Cyngn This announcement follows two significant milestones for Cyngn: the launch of the DriveMod Tugger and the Cyngn Dealer Network in the fall of 2023. Cyngn has continued to grow its Dealer Network, including the recen ...
Cyngn Receives Notice of Allowance for 21st U.S. Patent for its Adaptive Object-based Decision Making System
Prnewswire· 2024-07-09 11:05
Cyngn's DriveMod Kit can be installed on new industrial vehicles at end of line or via retrofit, empowering customers to seamlessly adopt self-driving technology into their operations without high upfront costs or the need to completely replace existing vehicle investments. Cyngn's flagship product, its Enterprise Autonomy Suite, includes DriveMod (autonomous vehicle system), Cyngn Insight (customer-facing suite of AV fleet management, teleoperation, and analytics tools), and Cyngn Evolve (internal toolkit ...
Cyngn Announces Reverse Stock Split
Prnewswire· 2024-07-02 11:00
The Reverse Stock Split is expected to become effective at 5 p.m., Eastern Time, on July 3, 2024. Cyngn expects the Company's Common Stock will begin trading on a post-split basis at the market open on July 5, 2024, under the symbol "CYN" with the new CUSIP number 23257B 206. The primary objective of the Reverse Stock Split is to increase the per share market price of the Common Stock to regain compliance with the minimum bid price requirement for continued listing on the Nasdaq Capital Market. Additional i ...
Cyngn Highlights Its Proprietary Computer Vision Advancements with NVIDIA Accelerated Computing
Prnewswire· 2024-06-12 11:05
Cyngn Highlights Its Proprietary Computer Vision Advancements with NVIDIA Accelerated Computing Cyngn Highlights Its Proprietary Computer Vision Advancements with NVIDIA Accelerated Computing In collaboration with Arauco, which pre-ordered 100 DriveMod Forklifts last summer, Cyngn leveraged NVIDIA technologies to introduce sophisticated features to advance the capabilities of autonomous machines in industrial settings. The DriveMod Forklift showcases exciting capabilities in computer vision, including enume ...
Shareholder Letter from Lior Tal, CEO at Cyngn Inc.
Prnewswire· 2024-05-31 11:05
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 ...
Cyngn Scales Up Commercialization of Autonomous Vehicle Solutions in First Quarter 2024
Prnewswire· 2024-05-16 11:05
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 ...
Cyngn(CYN) - 2024 Q1 - Quarterly Report
2024-05-09 20:40
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 ...