secwatch.observer — SEC 8-K summary
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Issuer:     Neonode Inc. (NEON)
CIK:        0000087050
Form:       8-K
Filed at:   2021-10-21T23:59:59+00:00
Accession:  0001213900-21-054035
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/87050/000121390021054035/0001213900-21-054035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/87050/000121390021054035/ea149188-8k_neonodeinc.htm
  HTML page:      https://secwatch.observer/filing/0001213900-21-054035

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer