{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-094816","form_type":"8-K","ticker":"CYN","cik":"0001874097","company_name":"Cyngn Inc.","filed_at":"2023-12-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.229643+00:00","generated_at":"2026-06-07T15:11:47.311522+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Cyngn prices $5M public offering of 33.3M shares/pre-funded warrants at $0.15","bullets":["Gross proceeds of $5M from sale of 33,333,333 shares and pre-funded warrants at $0.15 per share or $0.14999 per warrant.","Pre-funded warrants immediately exercisable at $0.00001 per share and expire when fully exercised.","Aegis Capital Corp. receives 7.0% cash fee plus $50,000 in non-accountable expenses as placement agent.","Offering expected to close on or about December 12, 2023; net proceeds for working capital and general corporate purposes.","75-day lock-up restricts the company and its directors/officers from selling additional securities."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-094816","json":"https://secwatch.observer/filing/0001213900-23-094816.json","markdown":"https://secwatch.observer/filing/0001213900-23-094816.md","text":"https://secwatch.observer/filing/0001213900-23-094816.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1874097/000121390023094816/0001213900-23-094816-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1874097/000121390023094816/ea189860-8k_cyngn.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T15:11:47.311522+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f780d4b8bd69bb7a663d517120e53f541ee80125","claim":"Cyngn Inc. entered into Placement Agent Agreement with Aegis Capital Corp. valued at $5 million (effective 2023-12-08).","evidence_excerpt":"On December 8, 2023, Cyngn Inc. (the “Company”) entered into a Placement Agent Agreement (the “PA Agreement”) with Aegis Capital Corp. (“ Aegis ”), pursuant to which Aegis acted as the Company’s placement agent, on a reasonable best efforts basis, in connection with the sale by the Company of an aggregate of 11,466,733 shares of common stock (the “Shares”) and pre-funded warrants to purchase up to 21,866,600 shares of common stock (the “Pre-funded Warrants”), in a public offering at a purchase price of $0.15 per Share or $0.14999 per Pre-Funded Warrant.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1874097/000121390023094816/0001213900-23-094816-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"Aegis Capital Corp."},{"label":"Value","value":"$5 million"},{"label":"Effective","value":"2023-12-08"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}