Cyngn Inc. Files S-1 Registration Statement
Ticker: CYN · Form: S-1 · Filed: Nov 27, 2024 · CIK: 1874097
Sentiment: neutral
Topics: s-1, registration-statement, sec-filing
TL;DR
Cyngn Inc. just filed an S-1, looks like they're prepping to sell more stock.
AI Summary
Cyngn Inc. filed an S-1 registration statement on November 27, 2024, for an unspecified offering. The company, headquartered in Menlo Park, California, is involved in computer programming services. This filing indicates a potential future sale of securities by the company.
Why It Matters
This S-1 filing signals Cyngn Inc.'s intention to potentially offer new securities to the public, which could impact its capital structure and stock availability.
Risk Assessment
Risk Level: medium — S-1 filings indicate potential future stock offerings, which can introduce dilution and market uncertainty.
Key Numbers
- 333-283514 — SEC File Number (Identifies this specific registration statement with the SEC.)
- 0001874097 — Central Index Key (Unique identifier for Cyngn Inc. in SEC filings.)
Key Players & Entities
- Cyngn Inc. (company) — Registrant
- 20241127 (date) — Filing Date
- Menlo Park, CA (location) — Company Headquarters
- Lior Tal (person) — Chief Executive Officer
- Sichenzia Ross Ference Carmel LLP (company) — Legal Counsel
- Kaufman (company) — Legal Counsel
FAQ
What is the purpose of this S-1 filing for Cyngn Inc.?
The S-1 filing is a registration statement required by the SEC before a company can offer its securities to the public. While the specific offering details are not in this header, it signals an intent to potentially sell securities.
When was this S-1 filing submitted?
The S-1 filing was submitted on November 27, 2024.
Where is Cyngn Inc. headquartered?
Cyngn Inc. is headquartered at 1015 O'Brien Drive, Menlo Park, CA 94025.
Who is the Chief Executive Officer of Cyngn Inc.?
Lior Tal is the Chief Executive Officer of Cyngn Inc.
What is Cyngn Inc.'s Standard Industrial Classification code?
Cyngn Inc.'s Standard Industrial Classification code is 7371, which falls under SERVICES-COMPUTER PROGRAMMING SERVICES.
Filing Stats: 4,493 words · 18 min read · ~15 pages · Grade level 15.4 · Accepted 2024-11-27 16:30:45
Key Financial Figures
- $8.16 — is exercisable at an exercise price of $8.16 per share (125% of the assumed public o
- $6.53 — at an assumed public offering price of $6.53 per Unit, equal to the closing price of
- $0 — d to the public in this offering, minus $0.0001, and the exercise price of each Pr
- $0.0001 — rant included in the Pre-Funded Unit is $0.0001 per share. The Pre-Funded Warrants will
- $6.39 — Capital Market on November 26, 2024 was $6.39 per share. There is no established trad
- $100,000 — ts of its legal counsel in an amount of $100,000. See “ Plan of Distribution &rdqu
Filing Documents
- ea0222118-s1_cyngninc.htm (S-1) — 438KB
- ea022211801ex4-2_cyngn.htm (EX-4.2) — 102KB
- ea022211801ex4-3_cyngn.htm (EX-4.3) — 141KB
- ea022211801ex4-4_cyngn.htm (EX-4.4) — 125KB
- ea022211801ex5-1_cyngn.htm (EX-5.1) — 16KB
- ea022211801ex10-25_cyngn.htm (EX-10.25) — 72KB
- ea022211801ex23-1_cyngn.htm (EX-23.1) — 2KB
- ea022211801ex-fee_cyngn.htm (EX-FILING FEES) — 33KB
- image_001.jpg (GRAPHIC) — 3KB
- image_002.jpg (GRAPHIC) — 36KB
- image_003.jpg (GRAPHIC) — 24KB
- image_004.jpg (GRAPHIC) — 37KB
- image_005.jpg (GRAPHIC) — 3KB
- ex5-1_001.jpg (GRAPHIC) — 8KB
- ex5-1_002.jpg (GRAPHIC) — 18KB
- ex10-25_001.jpg (GRAPHIC) — 5KB
- ex10-25_002.jpg (GRAPHIC) — 2KB
- 0001213900-24-103489.txt ( ) — 1115KB
DILUTION
DILUTION 18 DESCRIPTION OF SECURITIES 19 PLAN OF DISTRIBUTION 24 EXPERTS 27 LEGAL MATTERS 27 INFORMATION INCORPORATED BY REFERENCE 27 WHERE YOU CAN FIND MORE INFORMATION 28 You should rely only on the information contained in this prospectus or any prospectus supplement or amendment or incorporated by reference. Neither we, nor the placement agent, have authorized any other person to provide you with information that is different from, or adds to, that contained in this prospectus. If anyone provides you with different or inconsistent information, you should not rely on it. Neither we nor the placement agent take responsibility for, and can provide no assurance as to the reliability of, any other information that others may give you. You should assume that the information contained in this prospectus or any free writing prospectus is accurate only as of the date of this prospectus, regardless of the time of delivery of this prospectus or of any sale of our securities. Our business, financial condition, results of operations and prospects may have changed since that date. We are not making an offer of any securities in any jurisdiction in which such offer is unlawful. No action is being taken in any jurisdiction outside the United States to permit a public offering of our securities or possession or distribution of this prospectus in that jurisdiction. Persons who come into possession of this prospectus in jurisdictions outside the United States are required to inform themselves about and to observe any restrictions as to this public offering and the distribution of this prospectus applicable to that jurisdiction. i ABOUT THIS PROSPECTUS We incorporate by reference important information into this prospectus. You may obtain the information incorporated by reference without charge by following the instructions under “Where You Can Find More Information.” You should carefully read this prospectus as well as additional info