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Cyngn | 8-K: Current report

Cyngn | 8-K: Current report

Cyngn | 8-K:重大事件
美股SEC公告 ·  12/24 06:02

Moomoo AI 已提取核心信息

Cyngn Inc., a developer of AI-powered autonomous driving software for industrial applications, announced on December 20, 2024, the pricing of a $20 million follow-on offering. The offering consists of 12,422,360 units priced at $1.61 per Common Unit or $1.6099 per Pre-Funded Unit, each including common stock or pre-funded warrants, and Series A and B warrants.The net proceeds of approximately $18.2 million will be used for working capital, general corporate purposes, and repayment of outstanding senior notes. The offering, expected to close on December 23, 2024, was placed by Aegis Capital Corp. Cyngn's Enterprise Autonomy Suite includes DriveMod, Cyngn Insight, and Cyngn Evolve, addressing labor shortages and safety challenges in industrial organizations.The Series A warrants have an exercise price of $2.0125 per share and expire 60 months after stockholder approval, while Series B warrants have the same exercise price and expire after 30 months. This offering aims to strengthen Cyngn's position in the autonomous vehicle technology market for industrial applications.
Cyngn Inc., a developer of AI-powered autonomous driving software for industrial applications, announced on December 20, 2024, the pricing of a $20 million follow-on offering. The offering consists of 12,422,360 units priced at $1.61 per Common Unit or $1.6099 per Pre-Funded Unit, each including common stock or pre-funded warrants, and Series A and B warrants.The net proceeds of approximately $18.2 million will be used for working capital, general corporate purposes, and repayment of outstanding senior notes. The offering, expected to close on December 23, 2024, was placed by Aegis Capital Corp. Cyngn's Enterprise Autonomy Suite includes DriveMod, Cyngn Insight, and Cyngn Evolve, addressing labor shortages and safety challenges in industrial organizations.The Series A warrants have an exercise price of $2.0125 per share and expire 60 months after stockholder approval, while Series B warrants have the same exercise price and expire after 30 months. This offering aims to strengthen Cyngn's position in the autonomous vehicle technology market for industrial applications.
Cyngn Inc.是一家为工业应用开发人工智能驱动的自动驾驶软件的公司,于2024年12月20日宣布定价2000万美元的后续发行。此次发行由12422360个单位组成,普通单位的价格为每个1.61美元,预先融资单位的价格为每个1.6099美元,均包括普通股或预先融资的Warrants,以及A系列和B系列Warrants。约1820万美元的净收益将用于营运资金、一般企业目的和偿还未偿付的优先票据。该发行预计将在2024年12月23日完成,由Aegis Capital Corp.进行。Cyngn的企业自主套件包括DriveMod、Cyngn Insight和Cyngn Evolve,旨在解决工业组织中的劳动短缺和安全挑战。A系列Warrants的行使价格为每股2.0125美元,并在股东批准后60个月到期,而B系列Warrants则具有相同的行使价格,并在30个月后到期。此次发行旨在增强Cyngn在工业应用领域的自动驾驶技术市场中的地位。
Cyngn Inc.是一家为工业应用开发人工智能驱动的自动驾驶软件的公司,于2024年12月20日宣布定价2000万美元的后续发行。此次发行由12422360个单位组成,普通单位的价格为每个1.61美元,预先融资单位的价格为每个1.6099美元,均包括普通股或预先融资的Warrants,以及A系列和B系列Warrants。约1820万美元的净收益将用于营运资金、一般企业目的和偿还未偿付的优先票据。该发行预计将在2024年12月23日完成,由Aegis Capital Corp.进行。Cyngn的企业自主套件包括DriveMod、Cyngn Insight和Cyngn Evolve,旨在解决工业组织中的劳动短缺和安全挑战。A系列Warrants的行使价格为每股2.0125美元,并在股东批准后60个月到期,而B系列Warrants则具有相同的行使价格,并在30个月后到期。此次发行旨在增强Cyngn在工业应用领域的自动驾驶技术市场中的地位。
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