Cyngn Inc (CYN) Prices 15M Share Offering at $0.60/sh

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Cyngn Inc. Announces Pricing of $9.0 Million Registered Direct Offering Priced At-The-Market

December 30, 2024 2:15 PM EST

MENLO PARK, Calif., Dec. 30, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, today announced that it has entered into definitive agreements in a registered direct offering with certain institutional investors for the purchase and... More