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Cyngn seeks shareholder nod for reverse split


Cyngn seeks shareholder nod for reverse split - Investing.com

Cyngn Inc. (NASDAQ:CYN), a developer of autonomous vehicle technology, has called upon its shareholders to approve a reverse stock split.

Cyngn Announces Reverse Stock Split

today announced that it will proceed with a 1-for-100 reverse stock split (“Reverse Stock Split”) of its outstanding shares of Common Stock ...

Cyngn Announces Reverse Stock Split - Jul 2, 2024

When the Reverse Stock Split is effective, every 100 shares of Cyngn Common Stock issued and outstanding will be combined automatically into ...

Cyngn CEO Seeks Shareholder Support for Reverse Stock Split to ...

Cyngn Chief Executive Lior Tal on Friday issued a letter to shareholders asking their support for a planned reverse stock split to regain compliance with ...

CYNGN - Recent News & Activity - Crunchbase

... Reverse Stock Split. News• Jun 30, 2024. PR Newswire — Cyngn Announces ... PRNewswire — Shareholder Letter from Lior Tal, CEO at Cyngn Inc. News• May ...

Shareholder Letter from Lior Tal, CEO at Cyngn Inc. | CYN Stock News

Cyngn calls a crucial shareholder meeting on June 25 for a reverse stock split and potential share increase to meet Nasdaq's $1 bid price.

Proposal for a Reverse Split. : r/lazr - Reddit

First, it seeks shareholder approval for a reverse stock split at a ratio between 1-for-5 and 1-for-20. The board of directors would have ...

Cyngn's Next-Gen 12,000 lb. DriveMod Tugger Deploying With ...

CEO Lior Tal emphasized that Cyngn's solutions empower customers to handle material transport needs efficiently and adapt to future operational ...

Shareholder Letter from Lior Tal, CEO at Cyngn Inc. - May 31, 2024

We consider the reverse stock split a last measure to regain compliance with Nasdaq's $1 minimum bid price requirement before the late August ...

Cyngn Announces Reverse Stock Split - PR Newswire

When the Reverse Stock Split is effective, every 100 shares of Cyngn Common Stock issued and outstanding will be combined automatically into 1 ...

Hi, what does it mean when a company is buying back shares. I ...

It looks like CYNGN (CYN) is not buying back shares of its common stock but rather issuing new shares. The oft- used term is 'dilution'.