- Neonode (NEON) is issuing 1M new shares, and selling the rest on behalf of execs and directors, including chairman Per Bystedt, CEO Thomas Eriksson, and CFO David Brunton. (PR)
- The touch gesture tech developer says it will use the proceeds from the newly-issued shares for "general corporate purposes, including capital expenditures and working capital."
- News of the offering comes with shares having closed trading today up 44% YTD.
Neonode announces 1.98M-share stock offering, shares -7.3% AH
Sep 10 2013, 16:16 ET