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Latest CYN News From Around the Web
Below are the latest news stories about CYNGN INC that investors may wish to consider to help them evaluate CYN as an investment opportunity.
Cyngn Inc. Announces Closing of $9.0 Million Registered Direct Offering Priced At-The-Market Under Nasdaq RulesCyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, today announced the closing of its previously announced registered direct offering priced at-the-market under Nasdaq rules for the purchase and sale of an aggregate of 15,000,000 shares of common stock (or pre-funded warrants in lieu thereof) at a purchase price of $0.60 per share (or $0.5999 for each pre-funded warrant). |
Cyngn Inc. Announces Pricing of $9.0 Million Registered Direct Offering Priced At-The-MarketCyngn 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 sale of 15,000,000 shares of common stock and/or pre-funded warrants to acquire common stock in a registered direct offering. The purchase price of each share is $0.60 (or $0.5999 for each pre-funded w |
Cyngn Announces Closing of $20.0 Million Follow On Offering Priced At-the-MarketCyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, today announced the closing of a follow on offering, priced at the market, with gross proceeds to the Company of approximately $20.0 million, before deducting placement agent fees and other estimated offering expenses payable by the Company. |
Top Midday DeclinersCyngn (CYN) said Friday that it priced a follow-on offering and plans to use the gross proceeds of a |
Cyngn Announces Pricing of $20.0 Million Follow On Offering Priced At-the-MarketCyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, today announced the pricing of a follow on offering, priced at the market, with gross proceeds to the Company expected to be approximately $20.0 million, before deducting placement agent fees and other estimated offering expenses payable by the Company. |
Aegis Capital Corp. acted as Exclusive Placement Agent on a $3.5 Million Private Placement for Cyngn Inc. (NASDAQ: CYN)NEW YORK, NY / ACCESSWIRE / November 14, 2024 / Aegis Capital Corp. acted as Exclusive Placement Agent on a $3.5 Million Private Placement for Cyngn Inc. (NASDAQ:CYN). About Cyngn Inc. Cyngn develops and deploys scalable, differentiated autonomous ... |
Cyngn Third Quarter 2024 Earnings: US$2.74 loss per share (vs US$14.49 loss in 3Q 2023)Cyngn ( NASDAQ:CYN ) Third Quarter 2024 Results Key Financial Results Net loss: US$5.43m (flat on 3Q 2023). US$2.74... |
Cyngn Highlights Its Proprietary Computer Vision Advancements with NVIDIA Accelerated ComputingCyngn Inc. (Nasdaq: CYN) has announced progress of its proprietary computer vision (CV) technology for industrial autonomous machines, built on NVIDIA accelerated computing. This announcement showcases the cutting-edge capabilities of Cyngn's DriveMod solutions, highlighting how NVIDIA hardware and CUDA acceleration libraries have enabled Cyngn to develop differentiated self-driving features with artificial intelligence (AI), CV, and localization and mapping. |
Cyngn Reports Third Quarter 2024 Financial ResultsCyngn (or the "Company") (Nasdaq: CYN), developer of industrial autonomous vehicles, today announced financial results for its third quarter, ended September 30, 2024. |
Cyngn Hires Experienced Industrial Automation VP of Sales, Marty Petraitis, to Accelerate RevenueToday, Cyngn Inc. (Nasdaq: CYN) announced that Marty Petraitis is joining Cyngn as Vice President of Sales. Petraitis brings over two decades of leadership experience in scaling revenue within technology-driven sectors, including automation, SaaS, and manufacturing systems. In this role, Petraitis will oversee Cyngn's global sales strategy, market expansion, and the adoption of Cyngn's Enterprise Autonomy Suite (EAS) by new organizations. |