Cyngn Inc. (Cyngn), a company listed on the Nasdaq Capital Market under the ticker symbol CYN, has announced a series of corporate events and proposals in preparation for its Annual Meeting of Stockholders scheduled for June 25, 2024. The company has filed a PRE 14A preliminary proxy statement with the United States Securities and Exchange Commission, detailing the agenda for the upcoming meeting. Stockholders of record as of May 6, 2024, are invited to attend the meeting, which will take place at the offices of Sichenzia Ross Ference Carmel LLP in New York. The key matters for stockholder action include the election of a Class III director, amendments to the company's certificate of incorporation to increase authorized common stock, the authorization of a reverse...Show More

Cyngn Inc. (Cyngn), a company listed on the Nasdaq Capital Market under the ticker symbol CYN, has announced a series of corporate events and proposals in preparation for its Annual Meeting of Stockholders scheduled for June 25, 2024. The company has filed a PRE 14A preliminary proxy statement with the United States Securities and Exchange Commission, detailing the agenda for the upcoming meeting. Stockholders of record as of May 6, 2024, are invited to attend the meeting, which will take place at the offices of Sichenzia Ross Ference Carmel LLP in New York. The key matters for stockholder action include the election of a Class III director, amendments to the company's certificate of incorporation to increase authorized common stock, the authorization of a reverse stock split, amendments to the 2021 Equity Incentive Plan, and the ratification of Marcum LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2024. The company's board has unanimously recommended approval for all proposals, which are aimed at enhancing corporate governance, maintaining Nasdaq listing compliance, and incentivizing performance.