{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-035867","form_type":"8-K","ticker":"CYN","cik":"0001874097","company_name":"Cyngn Inc.","filed_at":"2024-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.045215+00:00","generated_at":"2026-06-03T09:52:22.801568+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Cyngn prices $5M public offering of 50M shares/pre-funded warrants at $0.10 per share","bullets":["Gross proceeds ~$5M from 50M shares and pre-funded warrants at $0.10/share (or $0.099999 per warrant).","Pre-funded warrants exercisable at $0.00001/share; Aegis gets 45-day over-allotment option up to 15%.","Offering expected to close April 25, 2024; net proceeds for working capital and general corporate purposes.","Underwriter Aegis receives 7% cash fee of gross proceeds plus $75,000 for accountable expenses.","30-day lock-up restrictions on company and insiders for issuance and sales of securities."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-035867","json":"https://secwatch.observer/filing/0001213900-24-035867.json","markdown":"https://secwatch.observer/filing/0001213900-24-035867.md","text":"https://secwatch.observer/filing/0001213900-24-035867.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1874097/000121390024035867/0001213900-24-035867-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1874097/000121390024035867/ea0204584-8k_cyngninc.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T09:52:22.801568+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":"cc1cf3d0eba260ac7036b55ffc5b3f7f4431c507","claim":"Cyngn Inc. entered into Underwriting Agreement with Aegis Capital Corp. valued at $5 million (effective 2024-04-23).","evidence_excerpt":"On April 23, 2024, Cyngn Inc. (the “Company”) entered into an Underwriting Agreement (the “Underwriting Agreement”) with Aegis Capital Corp. (the “Underwriter”), in connection with a firm commitment underwritten public offering","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1874097/000121390024035867/0001213900-24-035867-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":"2024-04-23"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}