---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-114074"
form_type: "8-K"
ticker: "CYN"
cik: "0001874097"
company_name: "Cyngn Inc."
filed_at: "2024-12-31T23:59:59+00:00"
generated_at: "2026-05-28T22:01:40.303051+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cyngn raises $9.0M in registered direct offering of 15M shares/pre-funded warrants at $0.60/share

## Summary
- Closed registered direct offering on Dec 31, 2024; gross proceeds $9.0M, net ~$8.1M after expenses.
- Issued 6.65M common shares and 8.35M pre-funded warrants (exercise price $0.0001) at $0.60/$0.5999 each.
- Net proceeds to be used for general corporate purposes and working capital.
- Aegis Capital Corp. served as exclusive placement agent; 8% cash fee on gross proceeds.
- Post-offering shares outstanding: 27,404,186 (includes shares from pre-funded warrant exercises).

## SEC filing metadata
- accession: 0001213900-24-114074
- form_type: 8-K
- ticker: CYN
- cik: 0001874097
- company_name: Cyngn Inc.
- filed_at: 2024-12-31T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1874097/000121390024114074/0001213900-24-114074-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1874097/000121390024114074/ea0226405-8k_cyngn.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-114074
- JSON: https://secwatch.observer/filing/0001213900-24-114074.json
- Plain text: https://secwatch.observer/filing/0001213900-24-114074.txt

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