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The latest announcement is out from Cyngn ( (CYN) ).
On September 5, 2025, Cyngn Inc. entered into an At-The-Market Issuance Sales Agreement with Aegis Capital Corp., allowing the company to sell up to $100 million of its common stock through market offerings. This agreement provides flexibility for Cyngn to raise capital by selling shares at prevailing market prices, with Aegis Capital Corp. acting as the sales agent and receiving a commission of up to 3% of the gross proceeds. The agreement includes indemnification clauses and can be terminated by either party.
The most recent analyst rating on (CYN) stock is a Hold with a $6.00 price target. To see the full list of analyst forecasts on Cyngn stock, see the CYN Stock Forecast page.
Spark’s Take on CYN Stock
According to Spark, TipRanks’ AI Analyst, CYN is a Neutral.
Cyngn’s overall stock score is primarily impacted by its financial challenges, with negative profitability and cash flow issues being significant concerns. Technical analysis indicates bearish momentum, further weighing on the score. However, recent corporate events, including capital raises and leadership changes, provide a positive outlook, slightly offsetting the negative financial and technical indicators.
To see Spark’s full report on CYN stock, click here.
More about Cyngn
Average Trading Volume: 4,402,077
Technical Sentiment Signal: Sell
Current Market Cap: $35.9M
For detailed information about CYN stock, go to TipRanks’ Stock Analysis page.