Cyngn : Modification to Rights of Security Holders - Form 8-K

Item 3.03 Material Modification to Rights of Security Holders.

On May 7, 2024, Cyngn Inc. (the "Company") amended its Amended and Restated Bylaws (the "Amended Bylaws"), for the purpose of reducing the quorum required to hold meetings of the stockholders of the Company (the "Quorum Requirement"). The Amended Bylaws reduced the Quorum Requirement from a majority to one-third (1/3rd) of the voting power of the shares of stock issued and outstanding and entitled to vote at the meeting.

The Amended Bylaws was approved by the Board of Directors of the Company on May 7, 2024.

The foregoing description of the Amended Bylaws does not purport to be complete and is qualified in its entirety by reference to the full text of the Amended Bylaws, a copy of which is attached hereto as Exhibit 3.1 and incorporated herein by reference.