Form 8-K
8-K — Cyngn Inc.
Accession: 0001213900-26-041070
Filed: 2026-04-07
Period: 2026-04-03
CIK: 0001874097
SIC: 7371 (SERVICES-COMPUTER PROGRAMMING SERVICES)
Item: Changes in Registrant's Certifying Accountant
Item: Financial Statements and Exhibits
Documents
8-K — ea0285300-8k_cyngn.htm (Primary)
EX-16.1 — LETTER FROM CBIZ CPAS P.C. TO THE SECURITIES AND EXCHANGE COMMISSION DATED APRIL 3, 2026 (ea028530001ex16-1.htm)
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8-K — CURRENT REPORT
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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):
April 3, 2026
CYNGN INC.
(Exact name of registrant as specified in charter)
Delaware
001-40932
46-2007094
(State or other jurisdiction
of incorporation)
(Commission File Number)
(IRS Employer
Identification No.)
1344 Terra Bella Avenue
Mountain View, CA 94043
(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 4.01 Change in Registrant’s Certifying Accountant
On April 3, 2026, the Audit Committee
and Board of Directors of Cyngn Inc. (the “Company”) approved the proposed appointment of Baker Tilly US, LLP (“Baker
Tilly”) as the Company’s independent registered public accounting firm, dismissing the Company’s previous independent
public accounting firm, CBIZ CPAs P.C. (the “CBIZ”), on the same date.
During the year ended December
31, 2025, and through April 3, 2026, the date of CBIZ’s dismissal, there were (a) no disagreements (as defined in Item 304(a)(1)(iv)
of Regulation S-K and the related instructions) with CBIZ on any matter of accounting principles or practices, financial statement disclosure,
or auditing scope or procedures, which disagreements, if not resolved to the satisfaction of CBIZ, would have caused CBIZ to make reference
to such disagreement in its report and (b) no “reportable events” (as defined in Item 304(a)(1)(v) of Regulation S-K and the
related instructions), except for:
● The material weaknesses in the Company’s internal control
over financial reporting as reported in Part II, Item 9A of the Company’s Annual Report on Form 10-K for the year ended December
31, 2025, as filed with the Securities and Exchange Commission (the “SEC”) on March 27, 2026, related to the ineffective
oversight of third parties engaged to assist in the Company’s financial reporting process and the lack of appropriate technical
expertise to a complex accounting transaction.
The above reportable event was
discussed between the Audit Committee and CBIZ. CBIZ has been authorized by the Company to respond fully to the inquiries of Baker Tilly,
the successor independent registered public accounting firm, concerning the reportable event.
During the two most recent fiscal years ended December
31, 2025 and 2024 and any subsequent interim period prior to engaging Baker Tilly, neither the Company nor anyone on its behalf consulted
Baker Tilly regarding either (i) the application of accounting principles to any proposed or completed transaction, or the type of audit
opinion that might be rendered on the Company’s financial statements, and neither a written report nor oral advice was provided
to the Company that Baker Tilly concluded was an important factor considered by the Company in reaching a decision as to any accounting,
auditing or financial reporting issue; or (ii) any matter that was either the subject of a “disagreement” (as defined in Item
304(a)(1)(iv) of Regulation S-K and the related instructions) or a “reportable event” (as defined in Item 304(a)(1)(v) of
Regulation S-K and the related instructions).
The Company has provided CBIZ
with a copy of this Current Report on Form 8-K prior to filing with the SEC and requested that CBIZ furnish the Company with a letter
addressed to the SEC, pursuant to Item 304(a)(3) of Regulation S-K, stating whether it agrees with the above statements made by us in
response to Item 304(a) of Regulation S-K and, if it does not agree, the respects in which it does not agree, as required
under Item 304(a)(3) of Regulation S-K. A copy of CBIZ’s letter, dated April 3, 2026, is filed as Exhibit 16.1
(which is incorporated by reference herein) to this Current Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits
Exhibit No.
Description
16.1
Letter from CBIZ CPAs P.C. to the Securities and Exchange Commission dated April 3, 2026
104
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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: April 7, 2026
CYNGN INC.
By:
/s/ Natalie Russell
Natalie Russell
Chief Financial Officer
2
EX-16.1 — LETTER FROM CBIZ CPAS P.C. TO THE SECURITIES AND EXCHANGE COMMISSION DATED APRIL 3, 2026
EX-16.1
Filename: ea028530001ex16-1.htm · Sequence: 2
Exhibit 16.1
CBIZ CPAs P.C.
One Montgomery Street
Suite 1700
San Francisco, CA 94104
P: 415.432.6200
April 7, 2026
Securities and Exchange Commission
100 F Street, N.E.
Washington, DC 20549
Commissioners:
We have read the statements made by Cyngn Inc. under Item 4.01 of its Form 8-K dated April 7, 2026. We agree with the statements
concerning our Firm in such Form 8-K; we are not in a position to agree or disagree with other statements of Cyngn Inc. contained therein.
Very truly yours,
/s/ CBIZ CPAs P.C.
CBIZ CPAs P.C.
CBIZCPAS.COM
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