On Friday, the company disclosed stakes owned by New York-based hedge fund manager Michael Bigger and his funds in a Schedule 13G/A filing.
The company plans to use the net proceeds for general corporate purposes and working capital.
Driving retail excitement is Cyngn’s progress with its proprietary DriveMod system, which leverages NVIDIA’s accelerated computing for industrial autonomous machines.
Cyngn Inc. (NASDAQ: CYN) shares opened Thursday sharply lower, amid the news of the expansion of its ...
/PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving solutions for industrial applications,...
/PRNewswire/ -- Cyngn, (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving solutions for industrial applications, is excited...
/PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving solutions for industrial applications,...
/PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving solutions for industrial applications, has...
/PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving solutions for industrial applications, today...
/PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving solutions for industrial applications, today...