Cyngn Inc (CYN) Raises $1.3M at $0.66/sh via ATM

Go back to Cyngn Inc (CYN) Raises $1.3M at $0.66/sh via ATM

Cyngn Raises $1.3 Million in Common Stock Only, Under its ATM Sales Agreement

October 26, 2023 7:00 AM EDT

The company is using this capital injection to expand its revenue teams. Bolstered Cyngn sales team added more deals to its pipeline in October than in all of Q3.

MENLO PARK, Calif., Oct. 26, 2023 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, today... More