Cyngn Inc. has received notice from the U.S. Securities and Exchange Commission (SEC) that its Form S-1 registration statement has become effective as of December 19, 2024, at 4:30 P.M. This marks a significant milestone in the company's regulatory compliance and potentially its capital raising efforts.The S-1 form, typically used for registering securities for public offering, suggests Cyngn may be preparing for a stock offering or other significant financial transaction. The effectiveness of this filing allows the company to proceed with its planned financial activities as outlined in the registration statement.

Cyngn Inc. has received notice from the U.S. Securities and Exchange Commission (SEC) that its Form S-1 registration statement has become effective as of December 19, 2024, at 4:30 P.M. This marks a significant milestone in the company's regulatory compliance and potentially its capital raising efforts.The S-1 form, typically used for registering securities for public offering, suggests Cyngn may be preparing for a stock offering or other significant financial transaction. The effectiveness of this filing allows the company to proceed with its planned financial activities as outlined in the registration statement.