getmoreshares
3 주 전
RS and AS increase info: On January 30, 2025, Cyngn Inc. (the “Company”) held a Special Meeting of Stockholders (the “Special Meeting”). A total of 1,369,686 shares of common stock representing 56.32% of the aggregate shares outstanding and eligible to vote and constituting a quorum were represented in person or by valid proxies at the Special Meeting.
The stockholders approved the amendment to the Company’s certificate of incorporation, as amended, to increase the number of shares of authorized common stock from 200,000,000 to 400,000,
The stockholders approved a proposal to authorize the board of directors to effect a reverse stock split of the outstanding shares of the Company’s common stock within one (1) year of January 30, 2025, at a specific ratio within a range of one-for-five (1-for-5) to a maximum of a one-for-one hundred fifty (1-for-150) split, with the specific ratio to be fixed within this range by the board of directors in its sole discretion, without further stockholder approval.
The stockholders approved a proposal to authorize, for purposes of complying with Nasdaq listing rule 5635(d), the issuance of Warrants, shares of Common Stock underlying the Warrants and certain provisions of the Warrants, issued in connection with an offering and sale of securities of the Company that was consummated on December 23, 2024.
000.
The stockholders approved one or more adjournments of the Special Meeting, if necessary or appropriate, to solicit additional proxies in favor of the Reverse Stock Split Proposal, the Authorized Share Increase Proposal or the Issuance Proposal if there are not sufficient votes at the Special Meeting to approve and adopt the Reverse Stock Split Proposal, the Authorized Share Increase Proposal or the Issuance Proposal.
tw0122
3 주 전
.28 + 54% ... The DriveMod Tuggers are powered by advanced AI and a robust suite of safety features, including 360° vision and collision avoidance systems, allowing them to navigate dynamic environments with precision. Integrated with Cyngn Insight, Cyngn's fleet management and analytics platform, the DriveMod Tuggers enable real-time fleet monitoring and control, giving customers the ability to coordinate and optimize tasks efficiently.
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