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On December 31, 2023, a Schedule 13G was filed with the United States Securities and Exchange Commission by Sabby Volatility Warrant Master Fund, Ltd., Sabby Management, LLC, and Hal Mintz, indicating a significant stake in Cyngn Inc. The filing reveals that each of the reporting persons beneficially owns 5,322,048 shares of Cyngn's common stock, which represents 9.99% of the company's class of securities. The entities involved are organized under the laws of the Cayman Islands and Delaware, USA, with Hal Mintz being a citizen of the USA. The shares reported are held with shared voting and dispositive power, but none of the reporting persons has sole voting or dispositive power over the shares. The filing, dated January 4, 2024, states that the shares were not acquired for the purpose of changing or influencing the control of Cyngn Inc, nor in connection with any transaction having such purpose or effect.
On December 31, 2023, a Schedule 13G was filed with the United States Securities and Exchange Commission by Sabby Volatility Warrant Master Fund, Ltd., Sabby Management, LLC, and Hal Mintz, indicating a significant stake in Cyngn Inc. The filing reveals that each of the reporting persons beneficially owns 5,322,048 shares of Cyngn's common stock, which represents 9.99% of the company's class of securities. The entities involved are organized under the laws of the Cayman Islands and Delaware, USA, with Hal Mintz being a citizen of the USA. The shares reported are held with shared voting and dispositive power, but none of the reporting persons has sole voting or dispositive power over the shares. The filing, dated January 4, 2024, states that the shares were not acquired for the purpose of changing or influencing the control of Cyngn Inc, nor in connection with any transaction having such purpose or effect.
2023年12月31日，Sabby波动率权证万事达基金有限公司、Sabby Management, LLC和Hal Mintz向美国证券交易委员会提交了附表13G，表明持有Cyngn公司的大量股份。该文件显示，每位申报人实益拥有Cyngn普通股的5,322,048股，占该公司证券类别的9.99％。所涉实体是根据开曼群岛和美国特拉华州的法律组建的，哈尔·明茨是美国公民。申报的股票以共同的投票权和处置权持有，但没有一个申报人对股票拥有唯一的投票权或处置权。这份日期为2024年1月4日的文件指出，收购这些股票不是为了改变或影响Cyngn Inc的控制权，也不是与任何具有此类目的或效果的交易有关。
2023年12月31日，Sabby波动率权证万事达基金有限公司、Sabby Management, LLC和Hal Mintz向美国证券交易委员会提交了附表13G，表明持有Cyngn公司的大量股份。该文件显示，每位申报人实益拥有Cyngn普通股的5,322,048股，占该公司证券类别的9.99％。所涉实体是根据开曼群岛和美国特拉华州的法律组建的，哈尔·明茨是美国公民。申报的股票以共同的投票权和处置权持有，但没有一个申报人对股票拥有唯一的投票权或处置权。这份日期为2024年1月4日的文件指出，收购这些股票不是为了改变或影响Cyngn Inc的控制权，也不是与任何具有此类目的或效果的交易有关。
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