AudioEye Unveils Secondary Stock Offering by Selling Stockholders; Shares Fall After Hours-February 2024-www.financetom.com

AudioEye Unveils Secondary Stock Offering by Selling Stockholders; Shares Fall After Hours

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AudioEye Unveils Secondary Stock Offering by Selling Stockholders; Shares Fall After Hours

Dec 4, 2024 2:59 PM

05:34 PM EST, 12/04/2024 (MT Newswires) -- AudioEye ( AEYE ) late Wednesday announced the launch of an underwritten secondary offering of its common stock, with shares to be sold by certain selling stockholders.

The selling stockholders expect to grant a 30-day overallotment option to the underwriters to purchase additional shares.

The company's shares were down 12.3% in after-hours activity.

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