CYN.NASDAQCyngn INC

SCHEDULE 13G/A: Anson Funds Management LP Discloses 4.2% Stake in Cyngn, Inc.

Sentiment:

Beneficial Ownership Report


Anson Funds Management LP and its affiliates have filed an amended Schedule 13G, reporting a beneficial ownership of 4.2% of Cyngn, Inc.'s common stock.

Summary

  • Anson Funds Management LP, Anson Management GP LLC, Mr. Tony Moore, Anson Advisors Inc., Mr. Amin Nathoo, and Mr. Moez Kassam collectively reported beneficial ownership of 77,639 shares of Cyngn, Inc. Common Stock.
  • This aggregate amount represents 4.2% of Cyngn, Inc.'s outstanding Common Stock.
  • The percentage is calculated based on 1,751,906 shares issued and outstanding as reported in Cyngn's Annual Report on Form 10-K filed on March 6, 2025, plus 77,639 shares receivable upon exercise of warrants held by the reporting persons, totaling 1,829,545 shares.
  • The reporting persons share both voting and dispositive power over all 77,639 beneficially owned shares.
  • The filing indicates that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: This is a factual disclosure of beneficial ownership, providing no inherent positive or negative sentiment regarding the company's performance or future prospects.

Future Outlook

NA

Industry Context

This filing is a standard disclosure of beneficial ownership by an investment firm, indicating a passive investment stake in Cyngn, Inc. It does not provide insights into broader industry trends or competitive positioning.

Stakeholder Impact

  • Shareholders are informed of a significant institutional investor's stake in the company, which can provide transparency regarding the ownership structure.

Key Dates

DateDescription
03/06/2025Date of Cyngn, Inc.'s Annual Report on Form 10-K filing with the SEC, reporting 1,751,906 shares of Common Stock issued and outstanding.
03/31/2025Date of event which requires the filing of this Schedule 13G statement.
05/15/2025Signature date for the Schedule 13G filing.

Keywords

Cyngn Inc., Anson Funds Management LP, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Investment Management, Institutional Investor

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