Cyngn Inc., a technology company based in Menlo Park, California, has formally requested the withdrawal of its Offering Statement on Form 1-A from the U.S. Securities and Exchange Commission (SEC). The initial filing was made on August 15, 2024, with subsequent amendments on September 30 and October 17 of the same year. Cyngn's CEO, Lior Tal, indicated that proceeding with the offering under Regulation A is not in the company's best interests at this time. The Offering Statement had not been qualified by the SEC, and no securities were sold or offered. The company is seeking the SEC's consent for the withdrawal to be effective immediately or at the earliest possible date.

Cyngn Inc., a technology company based in Menlo Park, California, has formally requested the withdrawal of its Offering Statement on Form 1-A from the U.S. Securities and Exchange Commission (SEC). The initial filing was made on August 15, 2024, with subsequent amendments on September 30 and October 17 of the same year. Cyngn's CEO, Lior Tal, indicated that proceeding with the offering under Regulation A is not in the company's best interests at this time. The Offering Statement had not been qualified by the SEC, and no securities were sold or offered. The company is seeking the SEC's consent for the withdrawal to be effective immediately or at the earliest possible date.