Neonode raises $14M via registered direct offering of 1.8M shares at $7.75/sh

Neonode Inc.

Offering of 1,808,000 shares at $7.75 per share with gross proceeds of ~$14M.
Net proceeds estimated at ~$13.1M after fees and expenses.
Funds to be used for sales/marketing, Touch Sensor Module production growth, and working capital.
Closing expected on or about October 25, 2021, subject to customary conditions.
Pareto Securities acting as sole placement agent for the offering.

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