Neonc technologies CFO Garnett Keithly sells $164,425 in stock

Published 06/06/2025, 00:18
Neonc technologies CFO Garnett Keithly sells $164,425 in stock

Garnett Keithly, the Chief Financial Officer of NeonC Technologies Holdings, Inc. (NASDAQ:NTHI), recently executed several transactions involving the company’s common stock. On March 26, 2025, Keithly sold a total of 6,616 shares, generating approximately $164,425. The shares were sold at prices ranging from $19.13 to $25.00 each, notably near the stock’s 52-week high of $25.00. InvestingPro data shows the stock has since experienced significant volatility, currently trading at $7.49.

Additionally, Keithly exercised warrants to acquire 13,438 shares at a price of $12.00 per share, with a total transaction value of $161,256. These transactions were conducted through The Hilkiah Group LLC, of which Keithly is the sole member.

Following these transactions, Keithly now holds a total of 240,000 shares directly and 44,053 shares indirectly through The Hilkiah Group LLC.

In other recent news, Neonc Technologies Holdings , Inc. has appointed CBIZ (NYSE:CBZ) CPAs P.C. as its new independent registered public accounting firm for the fiscal year ending December 31, 2025. This decision follows the resignation of the company’s previous accounting firm, Marcum LLP, which occurred after CBIZ acquired Marcum’s attest business in late 2024. The change was approved by Neonc Technologies’ Audit Committee. Marcum’s reports for the past two fiscal years did not contain any adverse opinions but noted concerns about the company’s ability to continue as a going concern. Additionally, material weaknesses in internal controls were identified, including issues related to segregation of duties and information technology general controls. Neonc Technologies had not previously consulted with CBIZ on accounting matters before their engagement. The company has not disclosed further details about the transition or the reasons for Marcum’s resignation. These developments were announced in a filing with the U.S. Securities and Exchange Commission.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.