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Press Release

Neonode to Raise $4.7 Million in Private Placement

Press Release

STOCKHOLM, SWEDEN, December 20, 2018 — Neonode Inc. (NASDAQ: NEON), the optical interactive sensing technology company, today announced it has entered into definitive agreements for the private placement of $4.7 million of Neonode common stock. Pursuant to the terms of the non-brokered private placement, Neonode has agreed to sell 2.9 million shares of newly issued common stock at a price of $1.60 per share. The sale price per share represents a 4% premium to the most recent closing price of NEON.  The purchasers in the private placement include Neonode directors, Ulf Rosberg and Andreas

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