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Cyngn Inc. completed its initial public offering on NASDAQ on October 20, 2021, pricing at $7.50 a share.
| Ticker | CYN |
|---|---|
| Exchange | NASDAQ |
| Status | Completed |
| Listing date | October 20, 2021 |
| Offering price | $7.50 |
| Shares offered | 3,500,000 |
| Total raised | $26M |
Cyngn Inc. sold 3,500,000 shares at $7.50 each on NASDAQ. Multiplied out, that is $26.3 million in gross proceeds, the figure before underwriting discounts and offering expenses, and it agrees with the $26 million total recorded for the deal.
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Source: SEC EDGAR filings for Cyngn Inc.. This page is general information, not investment advice.