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Press Release

Neonode Announces Closing of $4.7 Million Private Placement

Press Release

STOCKHOLM, SWEDEN, December 31, 2018 — Neonode Inc. (NASDAQ: NEON), the optical interactive sensing technology company, today announced the closing of its previously-announced private placement of $4.7 million of Neonode common stock. Pursuant to the terms of the non-brokered private placement, Neonode sold 2.9 million shares of newly issued common stock at a price of $1.60 per share pursuant to the share purchase agreement. The purchasers in the private placement included Neonode directors, Ulf Rosberg and Andreas Bunge, and members of management, including Chief Executive Officer Hakan

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