Summary by Moomoo AI
On April 18, 2024, Cyngn Inc., a company listed in the United States, received communication from the Securities and Exchange Commission (SEC) regarding its Registration Statement on Form S-1, which was filed on April 12, 2024. The SEC informed Cyngn's CEO, Lior Tal, that it has not reviewed and will not review the registration statement. The SEC's letter also referenced Rules 460 and 461, which pertain to requests for acceleration of the registration process. Additionally, the SEC reminded Cyngn and its management of their responsibility for the accuracy and adequacy of their disclosures, irrespective of the SEC's review process. The SEC provided contact information for further inquiries, directing questions to staff members Aliya Ishmukhamedova and Matthew Derby.
