AudioEye Announces Pricing of Secondary Offering of Common Stock by Selling Stockholders
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AudioEye, Inc. has announced the pricing of a secondary offering of 1,250,000 shares of its common stock by selling stockholders at $24.00 per share.
December 05, 2024 | 11:15 am
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AudioEye, Inc. has set the price for a secondary offering of 1,250,000 shares at $24.00 each. This move involves selling stockholders and does not directly raise capital for the company.
The secondary offering involves existing shareholders selling their shares, which can increase the supply of shares in the market and potentially put downward pressure on the stock price. The offering price of $24.00 per share provides a reference point for the market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100