On November 27, 2024, Cyngn filed a Form S-1 registration statement with the SEC for an offering of up to 3,062,787 units. Each unit includes one share of common stock, one Series A Warrant, and one Series B Warrant. The Series A and B Warrants are exercisable at $8.16 per share, subject to stockholder approval.The offering also includes up to 3,062,787 pre-funded units, each with a pre-funded warrant, a Series A Warrant, and a Series B Warrant. The pre-funded warrants are exercisable at $0.0001 per share. The offering price is set at $6.53 per unit, based on the closing price on November 21, 2024.Proceeds will be used for working capital and to repay $4.375 million in senior notes. Aegis Capital Corp. is the exclusive placement agent. Cyngn's common stock is listed on Nasdaq under the symbol "CYN."

On November 27, 2024, Cyngn filed a Form S-1 registration statement with the SEC for an offering of up to 3,062,787 units. Each unit includes one share of common stock, one Series A Warrant, and one Series B Warrant. The Series A and B Warrants are exercisable at $8.16 per share, subject to stockholder approval.The offering also includes up to 3,062,787 pre-funded units, each with a pre-funded warrant, a Series A Warrant, and a Series B Warrant. The pre-funded warrants are exercisable at $0.0001 per share. The offering price is set at $6.53 per unit, based on the closing price on November 21, 2024.Proceeds will be used for working capital and to repay $4.375 million in senior notes. Aegis Capital Corp. is the exclusive placement agent. Cyngn's common stock is listed on Nasdaq under the symbol "CYN."