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These warrants were originally issued in connection with a public offering that closed on December 23, 2024. As part of that transaction, the Company entered into a securities purchase agreement  for the sale of 3,076,006 shares of its common stock, par value $0.00001 per share , and 9,346,354 Pre-Funded Warrants to purchase shares of Common Stock  in lieu of shares of Common Stock. Under the Purchase Agreement, Cyngn also issued Series A Warrants  and Series B Warrants .Cyngn develops and deploys scalable, differentiated autonomous vehicle technology for industrial organizations. Cyngn's self-driving solutions allow existing workforces to increase productivity and efficiency. 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The CPG distribution company intends to ...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/cyngns-drivemod-tugger-selected-by-packaged-goods-distributor?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/cyngns-drivemod-tugger-selected-by-packaged-goods-distributor?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4023","CYN"],"gpt_icon":0},{"id":"2506633597","title":"CYNGN Signs Contract to Deploy Drivemod Tugger at a Major Consumer Packaged Goods Company","url":"https://stock-news.laohu8.com/highlight/detail?id=2506633597","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2506633597?lang=en_us&edition=fundamental","pubTime":"2025-01-28 20:05","pubTimestamp":1738065906,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250128:nTUARJCSF:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["CYN","BK4023"],"gpt_icon":0},{"id":"2505009286","title":"Cyngn Continues Momentum in Automotive Sector with Several DriveMod Tugger Deployments at Major Automotive Brands","url":"https://stock-news.laohu8.com/highlight/detail?id=2505009286","media":"PR Newswire","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2505009286?lang=en_us&edition=fundamental","pubTime":"2025-01-23 20:05","pubTimestamp":1737633900,"startTime":"0","endTime":"0","summary":"MENLO PARK, Calif., Jan. 23, 2025 /PRNewswire/ -- Cyngn Inc.  today announced that it has continued making notable inroads with the automotive manufacturing sector. To date, the company has conducted DriveMod Tugger deployments at varying stages of maturity with no less than five major automotive Original Equipment Manufacturers  or Tier-1 Suppliers.This traction has led to deployments across the United States and into Mexico, underscoring Cyngn's ability to provide scalable, cross-functional automation in diverse environments.The announcement today builds upon announcements the company has made in recent months. In October, Cyngn announced two wins in this sector: on October 17th, the Company announced that it had signed a commercial contract with a major manufacturer in the automotive service equipment space; two weeks later, the company announced it had executed a letter of intent to sell multiple DriveMod Tuggers to a global Automotive Supplier. The Company also joined John Deere's","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/cyngn-continues-momentum-automotive-sector-120500556.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/cyngn-continues-momentum-automotive-sector-120500556.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["CYN","BK4023"],"gpt_icon":0},{"id":"2503960049","title":"BRIEF-Cyngn Initiates Production Deployment With COATS","url":"https://stock-news.laohu8.com/highlight/detail?id=2503960049","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503960049?lang=en_us&edition=fundamental","pubTime":"2025-01-16 20:58","pubTimestamp":1737032283,"startTime":"0","endTime":"0","summary":"BRIEF-Cyngn Initiates Production Deployment With COATSJan 16 (Reuters) - CYNGN Inc CYN.O:CYNGN INITIATES PRODUCTION DEPLOYMENT WITH COATSSource text: ID:nPnbxQ2lzaFurther company coverage: CYN.O ((Reuters.Briefs@thomsonreuters.com;))","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250116:nFWN3OC0N7:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CYN","BK4023"],"gpt_icon":0},{"id":"2503699387","title":"CYNGN Initiates Production Deployment With Coats","url":"https://stock-news.laohu8.com/highlight/detail?id=2503699387","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503699387?lang=en_us&edition=fundamental","pubTime":"2025-01-16 20:06","pubTimestamp":1737029180,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250116:nFWN3OC0N7:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4023","CYN"],"gpt_icon":0},{"id":"2503521523","title":"CYNGN Inc: Has Secured $33 Mln in Funding","url":"https://stock-news.laohu8.com/highlight/detail?id=2503521523","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503521523?lang=en_us&edition=fundamental","pubTime":"2025-01-14 20:06","pubTimestamp":1736856381,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250114:nFWN3OA0Q2:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["CYN","BK4023"],"gpt_icon":0},{"id":"2503152151","title":"Press Release: Cyngn Raises $33m in December to Scale Customer Deployments and Fuel Its Growth","url":"https://stock-news.laohu8.com/highlight/detail?id=2503152151","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503152151?lang=en_us&edition=fundamental","pubTime":"2025-01-14 20:05","pubTimestamp":1736856300,"startTime":"0","endTime":"0","summary":"Cyngn enters the year with strong momentum, leveraging its latest financing to scale production and deployment of DriveMod Tuggers and advance commercial release of DriveMod Forklifts.MENLO PARK, Calif., Jan. 14, 2025 /PRNewswire/ -- Cyngn Inc.  today announced that it has secured $33 million in funding. This funding positions the company to accelerate its growth and deliver on its mission to proliferate industrial autonomous vehicles.\"This capital infusion strengthens our ability to fund operations, drive commercialization, and continue investing in groundbreaking autonomous vehicle technologies,\" said Lior Tal, Chairman and CEO of Cyngn. \"With increasing demand for automation solutions, especially in the automotive, heavy machinery and logistics industries, this funding allows us to build on recent momentum, including our upcoming autonomous forklift launch and other strategic advancements.\". -- Advancing Autonomous Forklift Development -- In October, Cyngn announced. expand the avai","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4023","CYN"],"gpt_icon":0},{"id":"2500861413","title":"Cyngn Closes $9 Million Registered Direct Offering","url":"https://stock-news.laohu8.com/highlight/detail?id=2500861413","media":"MT Newswires Live","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2500861413?lang=en_us&edition=fundamental","pubTime":"2025-01-01 00:03","pubTimestamp":1735661027,"startTime":"0","endTime":"0","summary":"Cyngn  closed its registered direct offering of 15 million shares at $0.60 apiece or prefunded warrants at $0.5999 each for gross proceeds of $9 million.Net proceeds from the offering, plus cash, will be for general corporate purposes and working capital, the company said Tuesday in a statement.Price: 0.84, Change: +0.03, Percent Change: +3.67","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["CYN","BK4023"],"gpt_icon":0},{"id":"2495611969","title":"CYNGN Inc. 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Cyngn said it may issue a pre-funded warrant in some cases instead of the shares.The offering is expected to close Tuesday, Cyngn said, adding it will use the net proceeds for general corporate purposes and working capital.Price: 0.77, Change: +0.14, Percent Change: +22.76","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4023","CYN"],"gpt_icon":0},{"id":"2495572522","title":"Cyngn prices $9M registered direct offering at 60c per share","url":"https://stock-news.laohu8.com/highlight/detail?id=2495572522","media":"TIPRANKS","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2495572522?lang=en_us&edition=fundamental","pubTime":"2024-12-31 03:30","pubTimestamp":1735587010,"startTime":"0","endTime":"0","summary":"Cyngn (CYN) announced that it has entered into definitive agreements in a registered direct offering with certain institutional investors for the p...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/cyngn-prices-9m-registered-direct-offering-at-60c-per-share?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/cyngn-prices-9m-registered-direct-offering-at-60c-per-share?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["CYN","BK4023"],"gpt_icon":0},{"id":"2495757499","title":"CYNGN Inc. 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