Audioeye, Inc. (AEYE) to Offer Common Stock
AudioEye, Inc. (NASDAQ: AEYE) announced the launch of an underwritten registered public offering of shares of its common stock. The Company expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of its common stock sold in the proposed offering. All shares of common stock to be sold in the proposed offering will be offered by the Company. The proposed offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. The Company intends to use the net proceeds from this offering for working capital and general corporate purposes.
B. Riley FBR is acting as the sole bookrunner for the offering.
