Neonode enters new $10.3M ATM equity facility with Ladenburg Thalmann

Neonode Inc.

ATM agreement with Ladenburg Thalmann allows sale of up to $10,336,156 of common stock.
Commission to Ladenburg is 3.0% of gross sales price; Company to reimburse up to $50K in expenses.
Prior ATM agreement with B. Riley Securities terminated May 29, 2024; 2,025,503 shares sold for ~$15M under that facility.
Shares sold via at-the-market offerings on Nasdaq; may also be sold in negotiated transactions with Company approval.
Offering made under effective S-3 (333-279252) filed May 9, 2024, effective May 16, 2024.

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