AudioEye Completes $33 Million Follow-On Stock Offering

AudioEye, a digital accessibility technology company, announced the completion of a $33 million follow-on stock offering, with Roth Capital Partners serving as the lead manager. The offering involved the sale of up to 1,250,000 shares of common stock at $24 per share.

The underwriters were granted a 30-day option to purchase an additional 187,500 shares from selling stockholders, providing flexibility in the offering's scale. All net proceeds from the sale will be received directly by the selling stockholders.

The offering highlights AudioEye's ongoing financial strategy and market positioning in the digital accessibility technology sector. With a customer base including major brands like Samsung, Calvin Klein, and Samsonite, the company has established itself as a leader in providing comprehensive digital accessibility solutions.

AudioEye's technology combines artificial intelligence automation with expert accessibility testing, offering businesses a comprehensive approach to meeting digital compliance standards. The company holds 24 U.S. patents and provides services including 24/7 accessibility monitoring, automated issue testing, and legal protection.

This stock offering represents an important milestone for AudioEye, potentially providing existing shareholders with liquidity while demonstrating the company's continued growth and investor confidence in its digital accessibility platform.