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Cyngn Announces Closing of $20.0 Million Follow On Offering Priced At-the-Market

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Dec 23, 2024, 9:21 AM PST

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MENLO PARK, Calif., Dec. 23, 2024 /PRNewswire/ — Cyngn Inc. (the “Company” or “Cyngn”) (Nasdaq: CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, today announced the closing of a follow on offering, priced at the market, with gross…