{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-111988","form_type":"8-K","ticker":"CYN","cik":"0001874097","company_name":"Cyngn Inc.","filed_at":"2024-12-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:10.210684+00:00","generated_at":"2026-05-28T23:49:33.149039+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Cyngn closes $20M follow-on offering; net proceeds ~$18.2M for working capital and debt repayment","bullets":["Gross proceeds ~$20M from 12.4M units (shares/pre-funded warrants + Series A/B warrants) at $1.61 per unit.","Net proceeds ~$18.2M after placement agent fees and offering expenses.","Series A warrants exercisable at $2.0125 upon stockholder approval, 5-year term; Series B warrants 2.5-year term.","Proceeds to be used for working capital, general corporate purposes, and repayment of outstanding senior notes.","Offering closed December 23, 2024; Aegis Capital Corp. acted as placement agent."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-111988","json":"https://secwatch.observer/filing/0001213900-24-111988.json","markdown":"https://secwatch.observer/filing/0001213900-24-111988.md","text":"https://secwatch.observer/filing/0001213900-24-111988.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1874097/000121390024111988/0001213900-24-111988-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1874097/000121390024111988/ea0225677-8k_cyngn.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T23:49:33.149039+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}