Cyngn(CYN)
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Cyngn(CYN) - 2024 Q1 - Quarterly Results
2024-05-09 20:32
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 ...
Cyngn Announces Exercise and Closing of Underwriter's Over-Allotment Option
Prnewswire· 2024-05-03 16:00
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 ...
Cyngn Announces Closing of $5.0 Million Firm Commitment Public Offering of Common Stock
Prnewswire· 2024-04-25 14:00
MENLO PARK, Calif., April 25, 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 closing of its public offering made on a firm commitment basis with gross proceeds to the Company of $5.0 million, before deducting fees and other expenses payable by the Company. The offering consisted of 50,000,000 shares of common stock and pre-funded warrants. Each share of common stock (or ...
Cyngn Announces Pricing of $5.0 Million Firm Commitment Public Offering of Common Stock
Prnewswire· 2024-04-23 18:16
MENLO PARK, Calif., April 23, 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 pricing of its public offering made on a firm commitment basis with gross proceeds to the Company expected to be approximately $5.0 million, before deducting fees and other expenses payable by the Company. The offering consists of 50,000,000 shares of common stock and pre-funded warrants. Each ...
Cyngn(CYN) - Prospectus(update)
2024-04-23 14:19
As filed with the Securities and Exchange Commission on April 23, 2024 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 1 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 (Exact name of registrant as specified in its charter) Delaware 7371 46-2007094 (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer 1015 O'Brien Dr. Menlo Park, CA 94025 (650) 924-5905 (Address, inclu ...
Cyngn Joins John Deere Supply Base
Prnewswire· 2024-04-23 11:05
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' ...
Business Update from Lior Tal, CEO at Cyngn Inc.
Prnewswire· 2024-04-18 11:05
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(CYN) - Prospectus
2024-04-12 21:21
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 CYNGN INC. (Exact name of registrant as specified in its charter) Delaware 7371 46-2007094 (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification No.) 1015 O'Brien Dr. Menlo Park, CA 94025 (650) 924-5905 (Address, including zip code, and telephone number, including area code, of registrant's principal executive offices) Lior Tal REG ...
Cyngn to Present at the AI & Technology Hybrid Investor Conference
Prnewswire· 2024-04-10 11:05
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 ...
Cyngn Completes Initial DriveMod Tugger Deployment with Rivian
Prnewswire· 2024-03-19 11:05
MENLO PARK, Calif., March 19, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving solutions for industrial applications today announced its initial DriveMod Tugger deployment with Rivian, the innovative leading electric vehicle manufacturer. The deployment was at Rivian's Normal, IL manufacturing facility.This deployment continues to emphasize the commercial interest Cyngn's Enterprise Autonomy Suite (EAS) products are garnering with custome ...