AudioEye closes USD3m equity capital raise

AudioEye, Inc. (OTC: AEYE) said it has closed on the private placement of 10,001,668 units, with gross proceeds of approximately USD3m.

Each unit was priced at USD0.30 and consisted of one share of common stock and a warrant to purchase one share of common stock at an exercise price of USD0.40 per share.

AudioEye has developed patented Internet content publication and distribution software that enables the conversion of any media, including websites, into an audio-accessible format and allows for real-time distribution to end-users on any Internet-connected device. For more information, visit www.audioeye.com

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