Summary by Moomoo AI
Cingulate Inc., a company listed on the Nasdaq Capital Market under the trading symbols CING for its common stock and CINGW for its warrants, has reported an increase in its shares of common stock outstanding. As of August 28, 2024, the total number of shares outstanding reached 2,179,755. This increase is attributed to recent sales made under its At The Market Offering Agreement, which was established on January 3, 2023, and a purchase agreement with Lincoln Park Capital Fund, LLC, dated April 24, 2023. The company, identified as an emerging growth company, has filed this information in a Form 8-K report with the United States Securities and Exchange Commission. Cingulate Inc. has stated that it has no obligation to update this information under Item 8.01 of the report. The announcement was officially dated August 29, 2024, and signed by Shane J. Schaffer, the Chief Executive Officer of Cingulate Inc.