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Cyngn Inc., a Delaware corporation, has filed a Registration Statement on Form S-8 with the United States Securities and Exchange Commission (SEC) to register an additional 7,500,000 shares of common stock under its 2021 Incentive Plan. This move follows the previous registration of 19,617,887 shares of common stock for the same plan and the Cyngn Inc. 2013 Equity Incentive Plan. The Registration Statement also includes a Reoffer Prospectus for the resale of shares that may be deemed 'restricted securities' and/or 'control securities' as defined by the Securities Act of 1933. The Reoffer Prospectus covers the resale of up to 11,538,697 shares of common stock by certain executive officers, employees, consultants, and directors. The shares included in the Reoffer Prospectus represent shares issuable to the selling...Show More
Cyngn Inc., a Delaware corporation, has filed a Registration Statement on Form S-8 with the United States Securities and Exchange Commission (SEC) to register an additional 7,500,000 shares of common stock under its 2021 Incentive Plan. This move follows the previous registration of 19,617,887 shares of common stock for the same plan and the Cyngn Inc. 2013 Equity Incentive Plan. The Registration Statement also includes a Reoffer Prospectus for the resale of shares that may be deemed 'restricted securities' and/or 'control securities' as defined by the Securities Act of 1933. The Reoffer Prospectus covers the resale of up to 11,538,697 shares of common stock by certain executive officers, employees, consultants, and directors. The shares included in the Reoffer Prospectus represent shares issuable to the selling stockholders pursuant to equity awards. The resale may occur on Nasdaq or other stock markets, at market prices or negotiated prices, and Cyngn will not receive any proceeds from these sales. The date of the prospectus is January 31, 2024, and the last reported sale price of Cyngn's common stock on January 26, 2024, was $0.2661 per share.
特拉华州的一家公司Cyngn Inc. 已向美国证券交易委员会（SEC）提交了S-8表格的注册声明，要求根据其2021年激励计划再注册7,500,000股普通股。此举是在此前为同一计划和Cyngn Inc. 2013年股权激励计划注册19,617,887股普通股之后采取的。注册声明还包括转售股票的再要约招股说明书，根据1933年《证券法》的定义，这些股票可能被视为 “限制性证券” 和/或 “控制证券”。再要约招股说明书涵盖某些执行官、员工、顾问和董事转售多达11,538,697股普通股。再要约招股说明书中包含的股票是根据股权奖励向卖出股东发行的股票。转售可能在纳斯达克或其他股票市场上以市场价格或协议价格进行，Cyngn不会从这些销售中获得任何收益。招股说明书的发布日期为2024年1月31日，Cyngn普通股最后一次公布的销售价格为2024年1月26日每股0.2661美元。
特拉华州的一家公司Cyngn Inc. 已向美国证券交易委员会（SEC）提交了S-8表格的注册声明，要求根据其2021年激励计划再注册7,500,000股普通股。此举是在此前为同一计划和Cyngn Inc. 2013年股权激励计划注册19,617,887股普通股之后采取的。注册声明还包括转售股票的再要约招股说明书，根据1933年《证券法》的定义，这些股票可能被视为 “限制性证券” 和/或 “控制证券”。再要约招股说明书涵盖某些执行官、员工、顾问和董事转售多达11,538,697股普通股。再要约招股说明书中包含的股票是根据股权奖励向卖出股东发行的股票。转售可能在纳斯达克或其他股票市场上以市场价格或协议价格进行，Cyngn不会从这些销售中获得任何收益。招股说明书的发布日期为2024年1月31日，Cyngn普通股最后一次公布的销售价格为2024年1月26日每股0.2661美元。
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