SCHEDULE: Empery Asset Management Discloses Cyngn Inc. Stake

Empery Asset Management, LP and Ryan M. Lane have reported a beneficial ownership of 9.99% in Cyngn Inc. common stock, including shares issuable upon warrant exercise.

Summary

• Empery Asset Management, LP and Ryan M. Lane have jointly filed a Schedule 13G, indicating beneficial ownership of 1,404,049 shares of Cyngn Inc. common stock.
• This ownership represents 9.99% of the company's outstanding common stock as of March 26, 2026.
• The reported shares include 446,265 shares of common stock issuable upon the exercise of warrants.
• A 'Blocker' provision limits the exercise of warrants, preventing beneficial ownership from exceeding 9.99% of outstanding shares.
• Empery Asset Management, LP acts as the investment manager for the funds holding these securities.
• Ryan M. Lane, as managing member of the general partner of the investment manager, also has a beneficial ownership interest.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it is a routine disclosure of beneficial ownership and does not contain operational or financial performance updates.

Positives

• Reporting Persons have acquired a significant stake, reaching the 9.99% ownership threshold.
• The filing indicates active investment management by Empery Asset Management, LP.

Negatives

• The 'Blocker' provision limits the full exercise of warrants, suggesting potential constraints on future share acquisition or a pre-existing agreement to cap ownership.
• The filing does not provide details on the cost basis or performance of the investment.

Risks

• The 'Blocker' provision limits the ability to exercise all warrants, which could impact future ownership levels or strategic flexibility.
• Potential for future sales of shares if the 'Blocker' is no longer a constraint or if investment strategy changes.

Future Outlook

The filing does not contain forward-looking statements or specific future guidance. It primarily reports current beneficial ownership and the constraints related to warrant exercise.

Management Comments

• Each of the Empery Funds and the Reporting Individual hereby disclaims any beneficial ownership of any such Common Stock (owned by another Reporting Person).
• The securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

Industry Context

StockSavvy.ai notes that this Schedule 13G filing by Empery Asset Management, LP and Ryan M. Lane indicates a significant passive investment in Cyngn Inc., a company operating in the autonomous driving technology sector. Such filings are common for institutional investors reaching a 5% ownership threshold and signal active portfolio management within the competitive landscape of AI and mobility solutions.

Stakeholder Impact

• Shareholders: The filing confirms a significant institutional investor's stake, which can influence market perception and liquidity.
• Management: The 9.99% ownership by Empery Asset Management, LP and Ryan M. Lane may be a factor in strategic discussions, though the 'Blocker' limits direct control.
• Potential Investors: Provides transparency on major holders, aiding in investment analysis.

Next Steps

• Monitoring of Cyngn Inc.'s operational and financial performance by Empery Asset Management, LP.
• Potential future amendments to this Schedule 13G filing if ownership levels change.

Key Dates

Keywords

Cyngn Inc., Schedule 13G, Empery Asset Management, Ryan M. Lane, Beneficial Ownership, Warrants, Blocker, SEC Filing, Investment Management