Cyngn Inc. (CYN) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
CYN currently has 14.4M outstanding shares. with limited dilution risk as only 11.4K additional shares (0.1%) are authorized for issuance. The company has significantly diluted shareholders by 1437.19% over the past 2 years, indicating aggressive capital raising. Recent corporate actions include 2 stock splits (positive for accessibility) and 2 reverse splits (concerning signal).
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 14, 2026 |
10-Q filing | 14.4M shares outstanding |
14M | 11K |
| Mar 17, 2026 |
8-K filing: Cyngn Inc. sold 1,686,788 shares of common stock at $1.93 per share and 3,313,212 pre-funded warrants at $1.92999 per warrant in a registered direct offering, resulting in net proceeds of approximately $8.8 million. ($9.65M proceeds) |
17M | 11K |
| Nov 19, 2025 |
10-Q filing | 8.0M shares outstanding |
8M | 11K |
| Aug 07, 2025 |
10-Q filing | 7.0M shares outstanding |
7M | 11K |
| Jun 30, 2025 |
8-K filing: Cyngn Inc. entered into a securities purchase agreement for a registered direct offering of 313,564 shares of common stock and 1,979,769 pre-funded warrants, closing on June 30, 2025, with net proceeds of approximately $14.7 million. |
7M | 11K |
| Jun 27, 2025 |
8-K filing: Cyngn Inc. completed a registered direct offering on June 27, 2025, issuing 192,496 shares of common stock at $5.01 per share and 2,801,516 pre-funded warrants at $5.00999 per warrant, resulting in net proceeds of approximately $12.7 million for general corporate purposes. |
4.7M | 11K |
| May 08, 2025 |
10-Q filing | 1.8M shares outstanding |
1.8M | 11K |
| Mar 06, 2025 |
10-K filing | 1.8M shares outstanding |
1.8M | 11K |
| Feb 18, 2025 |
Stock Split
8-K filing: Stock split 1-for-150 | Outstanding: 27,404,186 → 1,751,824 |
1.8M | 11K |
| Dec 31, 2024 |
8-K filing: Cyngn Inc. completed a registered direct offering of 6,650,000 shares of common stock at $0.60 per share and 8,350,000 pre-funded warrants at $0.5999 per warrant, resulting in net proceeds of approximately $8.1 million. |
27M | 1.7M |
| Dec 23, 2024 |
8-K filing: Cyngn Inc. closed a public offering on December 23, 2024, selling 3,076,006 units at $1.61 per unit and 9,346,354 pre-funded units at $1.6099 per unit, resulting in net proceeds of approximately $18.2 million for working capital and other general corporate purposes. ($60.0M proceeds) |
2.4M | 1.7M |
| Dec 18, 2024 |
S-1/A filing: Cyngn Inc. proposes a Best Efforts Secondary Offering of its shares of Common Stock and warrants to purchase Common Stock with Aegis Capital Corp. acting as the placement agent on a "best efforts" basis. |
2.4M | 4.8M |
| Nov 27, 2024 |
S-1 filing: Cyngn Inc. is offering up to 3,062,787 units, each unit consisting of one share of common stock, one Series A Warrant, and one Series B Warrant, as well as up to 3,062,787 pre-funded units, each consisting of one pre-funded warrant exercisable for one share of common stock, one Series A Warrant, and one Series B Warrant. |
2.4M | 4.8M |
| Nov 25, 2024 |
S-3 filing: Selling stockholders are offering 405,125 shares of common stock on a resale basis. The company will not receive any proceeds from the sale of these shares. |
2.4M | 1.7M |
| Nov 12, 2024 |
8-K filing: Cyngn Inc. entered into a securities purchase agreement to sell notes and shares of common stock in a private placement, with gross proceeds expected to be $3.5 million before deductions. ($3.5M proceeds) |
2M | 1.3M |
| Nov 07, 2024 |
10-Q filing | 2.0M shares outstanding |
2M | 1.3M |
| Aug 08, 2024 |
10-Q filing | 2.0M shares outstanding |
2M | 1.3M |
| Jul 03, 2024 |
Stock Split
8-K filing: Stock split 1-for-100 | Outstanding: 141,542,715 → 1,415,427 |
1.4M | 1.3M |
| May 09, 2024 |
10-Q filing | 141.5M shares outstanding |
140M | 130M |
| Apr 24, 2024 |
8-K filing: Cyngn Inc. entered into an Underwriting Agreement for a firm commitment underwritten public offering of 19,800,000 shares of common stock and pre-funded warrants to purchase up to 30,200,000 shares of common stock, at a purchase price of $0.10 per Share or $0.09999 per Pre-Funded Warrant, with gross proceeds expected to be $5 million. ($5.0M proceeds) |
89M | 130M |
| Apr 23, 2024 |
S-1/A filing: CYNGN Inc. is offering shares of its common stock and/or pre-funded warrants with a proposed maximum aggregate offering price of $8,000,000. |
89M | 130M |
| Apr 12, 2024 |
S-1 filing: The filing is an S-1 registration statement for offering up to 52,015,605 shares of common stock or Pre-funded warrants to purchase up to an aggregate of 52,015,605 shares of common stock. |
89M | 130M |
| Mar 07, 2024 |
10-K filing | 82.3M shares outstanding |
82M | 77M |
| Dec 11, 2023 |
8-K filing: Cyngn Inc. entered into a Placement Agent Agreement with Aegis Capital Corp. for the sale of 11,466,733 shares of common stock and pre-funded warrants to purchase up to 21,866,600 shares of common stock at a purchase price of $0.15 per share or $0.14999 per pre-funded warrant, with gross proceeds expected to be $5 million. ($5.0M proceeds) |
42M | 77M |
| Nov 28, 2023 |
S-1/A filing: The filing relates to an offering of up to 24,242,424 shares of common stock and pre-funded warrants to purchase up to 24,242,424 shares of common stock. |
42M | 77M |
| Nov 14, 2023 |
S-1 filing: The company is offering up to 24,242,424 shares of common stock and pre-funded warrants to purchase up to 24,242,424 shares of common stock on a best efforts basis, with a proposed amount of $8 million and shares issuable upon exercise of the Pre-funded Warrants. |
42M | 100M |
| Nov 09, 2023 |
10-Q filing | 37.8M shares outstanding |
38M | 53M |
| Oct 30, 2023 |
Stock Split
8-K filing: Stock split | Outstanding: 33,794,325 → 37,173,757 |
37M | 53M |
| Aug 10, 2023 |
10-Q filing | 33.8M shares outstanding |
34M | 48M |
| May 31, 2023 |
S-3/A filing: Cyngn Inc. is offering common stock, preferred stock, warrants, rights, or a combination of these securities, or units, for an aggregate initial offering price of up to $50,000,000. |
34M | 48M |
| May 11, 2023 |
10-Q filing | 33.7M shares outstanding |
34M | 48M |
| May 02, 2023 |
S-3 filing: The company is filing an S-3 to offer common stock, preferred stock, warrants, rights, or a combination of these securities, or units, for an aggregate initial offering price of up to $50,000,000. |
34M | 48M |
| Mar 17, 2023 |
10-K filing | 31.2M shares outstanding |
31M | 0 |
| Jan 09, 2023 |
POS AM filing: This prospectus relates to the offering and resale of 6,525,633 shares of common stock by selling stockholders, including shares issuable upon exercise of outstanding common stock warrants. |
74K | 0 |
| Nov 10, 2022 |
10-Q filing | 33.6M shares outstanding |
34M | 13M |
| Aug 11, 2022 |
10-Q filing | 30.7M shares outstanding |
31M | 13M |
| May 12, 2022 |
S-1 filing: The selling stockholders are offering on a resale basis an aggregate of 12,903,226 shares of common stock. |
31M | 13M |
| May 12, 2022 |
10-Q filing | 30.9M shares outstanding |
31M | 13M |
| Apr 29, 2022 |
8-K filing: Cyngn Inc. entered into a Securities Purchase Agreement for a private placement offering, selling 3,790,322 shares of common stock and 2,661,291 pre-funded warrants, along with investor warrants, for gross proceeds of approximately $20 million. ($20.0M proceeds) |
27M | 0 |
| Mar 24, 2022 |
10-K filing | 27.1M shares outstanding |
27M | 0 |
| Nov 19, 2021 |
10-Q filing | 26.4M shares outstanding |
26M | 0 |
| Oct 15, 2021 |
S-1/A filing: S-1/A filing for common stock and underwriter's warrants. |
N/A | 0 |
| Sep 30, 2021 |
S-1/A filing: This is an S-1/A filing for common stock and underwriter's warrants. The Underwriter's Warrants will represent the right to purchase 4% of the aggregate number of shares of common stock sold in this offering, excluding the overallotment option, at an exercise price equal to 125% of the offering price per share. |
N/A | 0 |
| Sep 03, 2021 |
S-1 filing: S-1 filing for common stock and underwriter's warrants. |
N/A | 0 |