---
schema_version: "secwatch.filing_event.v1"
accession: "0001013762-23-006767"
form_type: "8-K"
ticker: "CYN"
cik: "0001874097"
company_name: "Cyngn Inc."
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T08:51:53.092218+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001013762-23-006767
- form_type: 8-K
- ticker: CYN
- cik: 0001874097
- company_name: Cyngn Inc.
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1874097/000101376223006767/0001013762-23-006767-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1874097/000101376223006767/ea187310-8k_cyngninc.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001013762-23-006767
- JSON: https://secwatch.observer/filing/0001013762-23-006767.json
- Plain text: https://secwatch.observer/filing/0001013762-23-006767.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.