Neonode Entered Into At The Market Offering Agreement With Ladenburg Thalmann With Initial Aggregate Offering Price Up To $10,336,156
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Neonode has entered into an At The Market Offering Agreement with Ladenburg Thalmann, with an initial aggregate offering price of up to $10,336,156.
June 04, 2024 | 12:10 pm
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Neonode has entered into an At The Market Offering Agreement with Ladenburg Thalmann, with an initial aggregate offering price of up to $10,336,156.
The At The Market Offering Agreement indicates that Neonode is looking to raise capital, which could lead to dilution of existing shares. This is likely to have a short-term negative impact on the stock price.
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