Summary by Futu AI
On December 31, 2023, a Schedule 13G/A filing was made with the SEC by Benchmark Capital Partners and related entities and individuals, collectively referred to as the Reporting Persons, regarding their ownership in Cyngn Inc. The filing indicates changes in the beneficial ownership of Cyngn's common stock by these entities and individuals. Benchmark Capital Partners VI, L.P., Benchmark Founders’ Fund VI, L.P., Benchmark Founders’ Fund VI-B, L.P., and Benchmark Capital Management Co. VI, L.L.C., along with Benchmark Capital Partners VII, L.P., Benchmark Founders’ Fund VII, L.P., Benchmark Founders’ Fund VII-B, L.P., and Benchmark Capital Management Co. VII, L.L.C., reported varying amounts of shares owned, with Benchmark Capital Management Co. VII, L.L.C. holding the largest amount at 9,843,488 shares, representing 23.5% of the class. The filing was certified by An-Yen Hu, by power of attorney, and included an agreement of joint filing by the Reporting Persons.