Cyngn Inc. Announces Closing of $9.65 Million Registered Direct Offering, Priced at the Market Under Nasdaq Rules

Cyngn Inc. Announces Closing of $9.65 Million Registered Direct Offering, Priced at the Market Under Nasdaq Rules Accessibility StatementSkip NavigationMOUNTAIN VIEW, Calif., March 17, 2026 /PRNewswire/ -- Cyngn Inc. (NASDAQ: CYN) today announced the closing of its previously announced registered direct offering for the purchase and sale of approximately $9.65 million of shares of Common Stock and pre-funded warrants at a price of $1.93 per share of Common Stock. A single institutional investor acquired gre ...