City National Aktie
WKN: 867043 / ISIN: US1785661059
30.06.2025 19:59:54
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Cyngn Closes $17.2 Mln Direct Offering, Fully Utilizes Shelf Registration
(RTTNews) - Cyngn Inc. (CYN) has completed a registered direct offering with a single institutional investor, raising approximately $17.2 million through the sale of 2,293,333 shares of common stock and pre-funded warrants priced at $7.50 per share.
Net proceeds from the offering are expected to support general corporate activities and working capital.
CYN currently trades at $13.73 or 15.90% lower on the NasdaqCM.

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