Cyngn (CYN) Announces the Closing of $15 Million Registered Direct Offering
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Cyngn Inc. Announces the Closing of $15 Million Registered Direct Offering
June 27, 2025 9:19 AM EDTMOUNTAIN VIEW, Calif., June 27, 2025 /PRNewswire/ -- Cyngn Inc. (NASDAQ: CYN) today announced the closing of a registered direct offering with a single institutional investor for the purchase and sale of approximately $15.0 million of shares of Common Stock and pre-funded warrants at a price of $5.01 per share of Common Stock.
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