On November 22, 2024, Cyngn filed a Form D with the SEC for an exempt offering of securities, raising $3.5M. The offering includes equity and debt securities, with no remaining amount to be sold. The company issued secured notes totaling $4.375M and 405,125 shares of common stock.The offering, not connected to a business combination, involved 9 investors and incurred $245,000 in sales commissions. No proceeds are allocated for payments to executive officers or directors. The minimum investment accepted was $0, and the offering was available to all states and foreign investors.Cyngn, a technology company, declined to disclose its revenue range. The filing was signed by CEO Lior Tal, confirming compliance with Rule 506(b) exemptions.

On November 22, 2024, Cyngn filed a Form D with the SEC for an exempt offering of securities, raising $3.5M. The offering includes equity and debt securities, with no remaining amount to be sold. The company issued secured notes totaling $4.375M and 405,125 shares of common stock.The offering, not connected to a business combination, involved 9 investors and incurred $245,000 in sales commissions. No proceeds are allocated for payments to executive officers or directors. The minimum investment accepted was $0, and the offering was available to all states and foreign investors.Cyngn, a technology company, declined to disclose its revenue range. The filing was signed by CEO Lior Tal, confirming compliance with Rule 506(b) exemptions.