AudioEye Announces Pricing of Secondary Offering of Common Stock by Selling Stockholders

Core Viewpoint - AudioEye, Inc. has announced a secondary offering of up to 1,250,000 shares of its common stock at a public price of $24.00 per share, with the offering expected to close on December 6, 2024, subject to customary conditions [1]. Group 1: Offering Details - The offering is underwritten by Needham & Company as the Sole Book-Runner and Roth Capital Partners as the Lead Manager [2]. - Selling stockholders will receive all net proceeds from the offering, while the company will not sell any shares or receive any proceeds from this offering [2]. - The offering is made pursuant to a shelf registration statement filed with the SEC, and a preliminary prospectus supplement has been filed and is available on the SEC's website [3]. Group 2: Company Overview - AudioEye is a digital accessibility company that aims to ensure an inclusive digital future by utilizing AI technology and expert guidance [5]. - The company serves over 126,000 customers, including notable brands like Samsung, Calvin Klein, and Samsonite, and holds 23 US patents related to digital accessibility [5]. - AudioEye provides a comprehensive solution that includes 24/7 accessibility monitoring, automated fixes, expert testing, developer tools, and legal protection [5].