Ticker LaunchIPO · CYN
Cyngn Inc.
Formerly Cyngn, Inc.
Cyngn Inc. (CYN) priced its initial public offering on Oct 21, 2021 at $7.50 per share, raising $26.2M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $198.3M. Sichenzia Ross Ference Carmel advised the company and Kaufman & Canoles advised the underwriters.
Cyngn Inc. is an autonomous vehicle technology company focused on industrial uses. It targets problems at industrial sites such as labor shortages and high upfront investment, where conditions are more consistent than on city streets.
- Status
- IPO
- Ticker
- CYN
- Exchange
- Nasdaq Capital Market
- Priced
- Oct 21, 2021
- IPO price
- $7.50
- Raised
- $26.2M
- Market cap at IPO price
- $198.3M
- First filed
- Sep 3, 2021
- Company counsel
- Sichenzia Ross Ference Carmel
- Underwriters' counsel
- Kaufman & Canoles
- Sector
- Technology
- Country / state
- CA
Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.
More on this listing for subscribers
- Lock-up period and expiry date
- Shares offered, over-allotment and shares outstanding after the offering
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Filings
- Registration statement (S-1) first filed Sep 3, 2021
- Latest amendment Oct 15, 2021
- Final prospectus (424B4) Oct 21, 2021
- All filings on EDGAR CIK 1874097
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