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Cyngn announces closing of USD 5.0 million public offering for AV software

Apr 29, 2024

On April 25, Cyngn Inc., a developer of AI-powered autonomous driving software solutions for industrial applications, announced the closing of its public offering made on a firm commitment basis with gross proceeds to the company of USD 5.0 million.
The offering consisted of 50,000,000 shares of common stock and pre-....

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