secwatch.observer — SEC 8-K summary
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Issuer:     Cyngn Inc. (CYN)
CIK:        0001874097
Form:       8-K
Filed at:   2023-11-09T23:59:59+00:00
Accession:  0001213900-23-085299
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.03, 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Cyngn shareholders approve doubling authorized shares to 200M and equity plan amendment
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- Authorized common stock increased from 100M to 200M shares (21.3M for, 1.2M against).
- 2021 Equity Incentive Plan amended to add 5M shares and modify evergreen clause (17.7M for, 1.1M against, 3.8M broker non-votes).
- Karen Macleod and James McDonnell elected as Class II directors (18.2M and 18.1M votes for).
- Marcum LLP ratified as independent auditor for FY2023 (22.4M for, 74.8K against).
- Annual meeting held Nov 7, 2023; 22.6M shares (65% outstanding) constituted a quorum.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1874097/000121390023085299/0001213900-23-085299-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1874097/000121390023085299/ea188033-8k_cyngn.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-085299

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer