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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): May 23, 2022

 

CYNGN INC.

(Exact name of registrant as specified in charter)

 

Delaware   001-40932   46-2007094
(State or other jurisdiction   (Commission File Number)   (IRS Employer
of incorporation)     Identification No.)

 

1015 O’Brien Dr.

Menlo Park, CA 94025

(Address of principal executive offices) (Zip Code)

 

(650) 924-5905

(Registrant’s telephone number, including area code)

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which
registered
Common Stock   CYN  

The Nasdaq Stock Market LLC

(The Nasdaq Capital Market) 

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

 

Emerging growth company ☒

 

If an emerging growth company, indicate by check mart if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 7.01 Regulation FD Disclosure.

 

On May 23, 2022, Cyngn Inc. (the “Company”) updated its corporate presentation. Representatives of the Company intend to present some of or all of the information in the corporate presentation at investor conferences to current and prospective investors. A copy of the investor presentation is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is posted on the Company’s website.

 

The investor presentation shall not be deemed “filed” for any purpose, including for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section. The information in this Item 7.01, as well as Exhibit 99.1, shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act regardless of any general incorporation language in such filing.

 

This Current Report on Form 8-K and Exhibit 99.1, may include statements regarding the intent, belief or current expectations of the Company and members of its management team, as well as the assumptions on which such statements are based, and generally are identified by the use of words such as “may,” “will,” “seeks,” “strives,” “anticipates,” “believes,” “estimates,” “expects,” “plans,” “intends,” “should” or similar expressions. Actual results may differ materially from those contemplated by such forward-looking statements, including as a result of those factors set forth in the Risk Factors section of the Company’s most recent Quarterly Report on Form 10-Q for the three months ended March 31, 2022 filed with the SEC on May 12, 2022 or any of the risks described in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2021 filed with the SEC on March 24, 2022. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time, unless required by law.

 

ITEM 9.01 Exhibits

 

Exhibit No.   Description
99.1   Investor Presentation
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

1

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: May 24, 2022

 

  CYNGN INC.
   
  By: /s/ Donald Alvarez
    Donald Alvarez
    Chief Financial Officer

 

 

 

2

 

 

Exhibit 99.1

 

 

C A U T I O N A R Y N O T E O N F O R W A R D - L O O K I N G S T A T E M E N T S

 

C O M P A N Y O V E R V I E W • T I C K E R • R E C E N T S T O C K P R I C E • S H A R E S O U T S T A N D I N G : • M A R K E T C A P • H E A D Q U A R T E R S • E M P L O Y E E S • W E B S I T E

 

▪ ▪ P r o p r i e t a r y I n d u s t r y 4 . 0 s o l u t i o n s f o r i n d u s t r i a l a u t o n o m o u s v e h i c l e s C O M P A N Y H I G H L I G H T S ▪ ▪ L a r g e m a r k e t o p p o r t u n i t y f u e l e d b y t h e n e e d t o a c h i e v e p r o d u c t i v i t y g o a l s ▪ ▪ E x p e r i e n c e d l e a d e r s h i p s u p p o r t e d b y g l o b a l p a r t n e r s h i p s

 

I N D U S T R I A L V E H I C L E S M O V E T H E W O R L D

 

M A N U A L L A B O R C O M E S A T A V E R Y H I G H C O S T • • $ 1 4 0 b i l l i o n • • • • • •

 

I N C R E A S E D P R O D U C T I V I T Y R E D U C E D D E P E N D E N C E O N L A B O R L O W E R C O S T O F L A B O R I N C R E A S E D S A F E T Y E V O L V E O R B E D I S R U P T E D T H E S O L U T I O N I S A U T O M A T I O N

 

O U R M I S S I O N A N D V I S I O N a u t o n o m o u s d r i v i n g s o f t w a r e c o m p e t i t i v e a d v a n t a g e i n d u s t r i a l a n d c o m m e r c i a l W e a r e a p p l i e d a u t o n o m y .

 

883 , 000 $32 4 , 174 $ 11 9 + B I LL I ON ¹ " E V E R Y T H I N G T H A T M O V E S W I L L B E C O M E A U T O N O M O U S "

 

M O R E C O M M O N A L I T Y F R O M S I T E T O S I T E C O N T R O L L E D I N T E R A C T I O N S W I T H T R A I N E D H U M A N S P R E D I C T A B L E W O R K F L O W S M O R E S T R U C T U R E D O P E R A T I O N L O W E R S P E E D R E Q U I R E M E N T S L O W E R R E G U L A T O R Y H U R D L E S L E S S C O M P L E X R O U T E S W I D E A D O P T I O N O F A U T O N O M O U S V E H I C L E S S T A R T S W I T H I N D U S T R I A L A P P L I C A T I O N S

 

• M A T E R I A L H A N D L I N G I S J U S T T H E B E G I N N I N G $ 1 1 9 B

 

B E S T O F A U T O N O M O U S D R I V I N G W E B R I N G T H E T E C H N O L O G Y T O I N D U S T R I A L A P P L I C A T I O N S

 

O U R C O M P E T I T I V E A D V A N T A G E Y O U R V E H I C L E P O W E R E D B Y O U R S O F T W A R E M U L T I P L E A P P L I C A T I O N S A D V A N C E D A U T O N O M Y ▪ ▪ ▪ ▪ ▪ ▪ ▪

 

D R I V E M O D C Y N G N I N S I G H T C Y N G N E V O L V E • • • • • • • • • • C Y N G N ' S E N T E R P R I S E A U T O N O M Y S U I T E ( E A S ) *

 

▪ ▪ ▪ ▪ ▪ S E E D R I V E M O D D E C I D E ▪ ▪ ▪ ▪ ▪ A C T ▪ ▪ ▪ ▪

 

C Y N G N I N S I G H T

 

C Y N G N E V O L V E

 

C Y N G N ’ S E A S U N D E R P I N S T H R E E I N D U S T R Y 4 . 0 P I L L A R S ▪ ▪ ▪

 

C O L L A B O R A T I V E G O - T O - M A R K E T A P P R O A C H

 

2 0 1 7 2 0 1 6 2 0 1 9 T R A I N H A R D , D R I V E E A S Y

 

B U I L D I N G W I T H A N O E M I N F I N I T R A C K E R L A U N C H R E C E N T M I L E S T O N E S L A U N C H O F D R I V E M O D K I T E X P A N D I N G T O F O R K L I F T S

 

C Y N G N E A S W I L L B E O F F E R E D A S S A A S V I A A N N U A L L I C E N S E P E R V E H I C L E P r i c i n g F a c t o r s : • • • • R e m e m b e r :

 

P H A S E 1 P H A S E 2 P H A S E 3 P H A S E 4 L A N D & E X P A N D • • • • • • • • • • • • R e a l - w o r l d E x a m p l e :

 

practical applications in the growing automation market Proprietary, innovative technologies partnerships with reputable global firms best - in - class R&D team K E Y T A K E A W A Y S

 

I N V E S T O R R E L A T I O N S A t C y n g n A t T h e E q u i t y G r o u p

 

A P P E N D I X

 

• • • • D R I V E A U T O N O M O U S E S G V E H I C L E S I M P A C T • •

 

B A L A N C E S H E E T H I G H L I G H T S 1 2 . 3 1 . 2 1 3 . 3 1 . 2 2 P r o F o r m a C a s h & C a s h E q u i v a l e n t s ( i n c l u d i n g r e s t r i c t e d c a s h ) W o r k i n g C a p i t a l T o t a l S t o c k h o l d e r ' s E q u i t y 3 . 3 1 . 2 2