Neonode Announces Postponement of Annual Meeting of Stockholders

Rhea-AI Summary

Neonode (NASDAQ: NEON) announced the postponement of its 2022 Annual Meeting of Stockholders, initially scheduled for July 15, 2022. The company's board of directors will establish a new date for the meeting and will set a record date to determine eligible stockholders. A new notice will be provided to these stockholders in due course.

Positive

• None.

Negative

• Postponement of the annual meeting may signal potential organizational issues or lack of readiness.
• Uncertainty regarding the new date for the annual meeting could lead to investor frustration.

STOCKHOLM, July 14, 2022 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON), announced today that its 2022 Annual Meeting of Stockholders (the "2022 Annual Meeting"), scheduled for tomorrow has been postponed to a date to be determined by the Company's board of directors.

The Company's board of directors will also establish a new record date for the 2022 Annual Meeting, and, based on this record date, the Company will deliver a new notice of the 2022 Annual Meeting to stockholders entitled to receive notice of such meeting.

CONTACT:

Investor Relations
Fredrik Nihlén
E-mail: fredrik.nihlen@neonode.com 
Phone: +46 703 97 21 09

Chief Executive Officer
Urban Forssell
E-mail: urban.forssell@neonode.com
Phone: +46 734 10 03 59

 

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https://news.cision.com/neonode/r/neonode-announces-postponement-of-annual-meeting-of-stockholders,c3599676

The following files are available for download:

https://mb.cision.com/Main/17297/3599676/1603228.pdf	Neonode Announces Postponement of Annual Meeting of Stockholders
https://news.cision.com/neonode/i/postponement-of-annual-meeting-of-stockholders,c3069901	Postponement of Annual Meeting of Stockholders

View original content:https://www.prnewswire.com/news-releases/neonode-announces-postponement-of-annual-meeting-of-stockholders-301587124.html

SOURCE Neonode

FAQ

Why was Neonode's Annual Meeting of Stockholders postponed?

Neonode's board of directors decided to postpone the 2022 Annual Meeting of Stockholders for a date to be determined.

When was Neonode's Annual Meeting of Stockholders originally scheduled?

The 2022 Annual Meeting of Stockholders was originally scheduled for July 15, 2022.

What will happen next after the postponement of Neonode's annual meeting?

The board will establish a new meeting date and send a notice to eligible stockholders.

Does the postponement of the annual meeting affect Neonode's stock performance?

The postponement might lead to uncertainty among investors, potentially impacting NEON stock performance.