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0.00635593220338969 0.0126694915254237 0.00423728813559313 0.0129661016949151 0.00847457627118645 0.0423728813559322 0.0720338983050847 0.105127118644068
Stock impact report

Cyngn Inc. Announces Closing of $9.65 Million Registered Direct Offering, Priced at the Market Under Nasdaq Rules [Yahoo! Finance]

Cyngn Inc. (CYN) 
Company Research Source: Yahoo! Finance
direct offering for the purchase and sale of approximately $9.65 million of shares of Common Stock and pre-funded warrants at a price of $1.93 per share of Common Stock. A single institutional investor acquired greater than ninety percent of the offering, with a high-net-worth individual purchasing the remaining percent. The entire transaction was priced at the market under Nasdaq rules. Cyngn Logo (PRNewsfoto/Cyngn) The offering consisted of the sale of 5,000,000 shares of Common Stock (or Pre-Funded Warrants). The public offering price per share of Common Stock was $1.93 (or $1.92999 for each Pre-Funded Warrant, which is equal to the public offering price per share of Common Stock sold in the offering minus an exercise price of $0.00001 per Pre-Funded Warrant). The Pre-Funded Warrants are immediately exercisable and may be exercised at any time until exercised in full. For each Pre-Funded Warrant sold in the offering, the number of shares of Common Stock in the offering were dec Show less Read more
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