David Moradi - Dec 4, 2024 Form 4 Insider Report for AUDIOEYE INC (AEYE)

Signature
/s/ Christine G. Long, Attorney-in-Fact
Stock symbol
AEYE
Transactions as of
Dec 4, 2024
Transactions value $
-$21,600,000
Form type
4
Date filed
12/6/2024, 04:02 PM
Previous filing
Nov 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEYE Common Stock Sale -$21.6M -900K -32.56% $24.00 1.86M Dec 4, 2024 Through Sero Capital LLC F1, F2
holding AEYE Common Stock 863K Dec 4, 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 4, 2024, the reporting person sold shares of common stock of the issuer to Needham & Company, LLC, as the representative of the underwriters (the "Representative"), pursuant to an Underwriting Agreement, dated as of December 4, 2024, by and among the reporting person, the other selling stockholders, the issuer and the Representative in connection with the issuer's previously disclosed secondary offering.
F2 Securities of the Issuer held directly by Sero Capital LLC ("Sero Capital"). David Moradi is the Managing Partner of Sero Capital and may be deemed to direct all voting and investment decisions made by Sero Capital.