Cyngn
About: Cyngn Inc is an industrial autonomous vehicle technology company. Its flagship innovation is DriveMod, an autonomous driving solution that can be flexibly deployed on multiple vehicle types manufactured by Original Equipment Manufacturers in various environments.
Employees: 81
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
3.47% less ownership
Funds ownership: 9.78% [Q2] → 6.3% (-3.47%) [Q3]
50% less funds holding
Funds holding: 24 [Q2] → 12 (-12) [Q3]
51% less capital invested
Capital invested by funds: $1.01M [Q2] → $498K (-$512K) [Q3]
92% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 13
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 11
Research analyst outlook
We haven’t received any recent analyst ratings for CYN.
Financial journalist opinion
Neutral
PRNewsWire
1 day ago
Cyngn Announces Pricing of $20.0 Million Follow On Offering Priced At-the-Market
MENLO PARK, Calif. , Dec. 20, 2024 /PRNewswire/ -- Cyngn Inc. (the "Company" or "Cyngn") (Nasdaq: CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, today announced the pricing of a follow on offering, priced at the market, with gross proceeds to the Company expected to be approximately $20.0 million, before deducting placement agent fees and other estimated offering expenses payable by the Company.
Neutral
Accesswire
1 month ago
Aegis Capital Corp. acted as Exclusive Placement Agent on a $3.5 Million Private Placement for Cyngn Inc. (NASDAQ: CYN)
NEW YORK, NY / ACCESSWIRE / November 14, 2024 / Aegis Capital Corp. acted as Exclusive Placement Agent on a $3.5 Million Private Placement for Cyngn Inc. (NASDAQ:CYN). About Cyngn Inc. Cyngn develops and deploys scalable, differentiated autonomous vehicle technology for industrial organizations.
Neutral
PRNewsWire
1 month ago
Cyngn Highlights Its Proprietary Computer Vision Advancements with NVIDIA Accelerated Computing
Cyngn has announced progress of its proprietary computer vision (CV) technology for industrial autonomous machines, built on NVIDIA accelerated computing. MENLO PARK, Calif.
Neutral
PRNewsWire
1 month ago
Cyngn Reports Third Quarter 2024 Financial Results
Recent Operating Highlights: Executed its first paid DriveMod Forklift Deployment . Signed a commercial contract with a major automotive service equipment manufacturer.
Neutral
PRNewsWire
1 month ago
Cyngn Hires Experienced Industrial Automation VP of Sales, Marty Petraitis, to Accelerate Revenue
MENLO PARK, Calif. , Nov. 4, 2024 /PRNewswire/ -- Today, Cyngn Inc. (Nasdaq: CYN) announced that Marty Petraitis is joining Cyngn as Vice President of Sales.
Neutral
PRNewsWire
1 month ago
Cyngn Successfully Completes Initial Deployment of DriveMod Tugger with Major Defense Contractor
MENLO PARK, Calif. , Nov. 1, 2024 /PRNewswire/ -- Today, Cyngn Inc. (Nasdaq: CYN) announced that it successfully deployed its DriveMod Tugger at a defense contractor's facility.
Neutral
PRNewsWire
1 month ago
Cyngn Executes Letter of Intent to Sell Multiple DriveMod Tuggers to Major Automotive Supplier
MENLO PARK, Calif. , Oct. 31, 2024 /PRNewswire/ -- Today, Cyngn announced that it has received a signed Letter of Intent (LOI) from a major automotive supplier to sell and deploy multiple DriveMod Tuggers in early 2025.
Neutral
PRNewsWire
1 month ago
Cyngn Announces Date for Third Quarter 2024 Financial Results and Withdrawal of Reg A Filing
Cyngn will announce its fiscal third quarter 2024 financial results for the period ended September 30, 2024, on Wednesday, November 6, 2024 and has withdrawn its Reg A Filing. MENLO PARK, Calif.
Neutral
PRNewsWire
1 month ago
Kennedy Robotics AI Joins Cyngn's Dealer Network and Will Begin Selling DriveMod Tuggers
MENLO PARK, Calif. , Oct. 25, 2024 /PRNewswire/ -- Cyngn Inc. (Nasdaq: CYN) today announced the expansion of its dealer network to include Kennedy Robotics AI, a provider of innovative autonomous robotics solutions.
Neutral
PRNewsWire
1 month ago
Cyngn's Drive for Commercialization and Technical Innovation Continues
In recent weeks, Cyngn — Executed its first paid DriveMod Forklift Deployment. Started deploying its next-gen 12,000 lb.
Charts implemented using Lightweight Charts™