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(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 ...