Cyngn raises $1.3M via ATM stock sales at $0.66/share; pipeline momentum cited

Cyngn Inc.

Sold 1.94M shares at avg $0.66/share through ATM program started July 2023.
Proceeds used for general corporate purposes and expanding sales team.
Company reports adding more deals to pipeline in October than all of Q3.
$7.47M of the total $8.77M ATM facility remains available as of Oct 24.
Capital raised via Virtu Americas LLC as agent; stock listed on Nasdaq.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.