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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.
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