Cyngn Inc (CYN) Announces Reverse Stock Split
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Cyngn Announces Reverse Stock Split
February 13, 2025 7:00 AM ESTMENLO PARK, Calif., Feb. 13, 2025 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN) today announced that it will proceed with a 1-for-150 reverse stock split ("Reverse Stock Split") of its outstanding shares of Common Stock following approval by its Board of Directors. This ratio is within the ratio range approved by stockholders at the Company's special stockholder meeting held on January 30, 2025.
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