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Sweden - Neonode announces USD 6.2 million private placement.

Europe Intelligence Wire

| October 01, 2007 | COPYRIGHT 2007 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Telecompaper Europe)

Swedish mobile device developer Neonode has announced a USD 6.2 million private placement, primarily to institutional investors. The private placement comprises USD 3.1 million of three-year promissory notes of the company, convertible into shares and of the company's common stock at a conversion price of USD 3.50 per share, 1,028,316 shares of common stock and 1,391,577 common stock purchase ...

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