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Neonode Adjourns Annual Meeting Due to Lack of Quorum

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Neonode Adjourns Annual Meeting Due to Lack of Quorum

Confident Investing Starts Here:

Neonode ( (NEON) ) just unveiled an update.

On June 26, 2025, Neonode Inc. announced that its 2025 Annual Meeting of Stockholders was adjourned due to a lack of quorum. The meeting will reconvene on July 3, 2025, to allow more time for stockholders to vote on the proposals. The company emphasized the importance of stockholder participation to ensure a quorum is reached, as no business can be conducted without it.

The most recent analyst rating on (NEON) stock is a Buy with a $16.50 price target. To see the full list of analyst forecasts on Neonode stock, see the NEON Stock Forecast page.

Spark’s Take on NEON Stock

According to Spark, TipRanks’ AI Analyst, NEON is a Neutral.

Neonode’s overall stock score is primarily influenced by its strong technical analysis, which shows bullish momentum, but is offset by poor financial performance and valuation. The company’s financial inefficiencies and negative cash flow present significant risks, despite positive market momentum.

To see Spark’s full report on NEON stock, click here.

More about Neonode

Neonode Inc. is a publicly traded company based in Stockholm, Sweden, established in 2001. It specializes in advanced optical sensing solutions for contactless touch, gesture control, and in-cabin monitoring. Neonode’s technology is used in over 90 million products and the company holds more than 100 patents worldwide. Its clientele includes prominent Fortune 500 companies across various sectors such as consumer electronics, automotive, and self-service kiosks.

Average Trading Volume: 238,449

Technical Sentiment Signal: Buy

Current Market Cap: $372.2M

Find detailed analytics on NEON stock on TipRanks’ Stock Analysis page.

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