Neo-Concept International Group is trading 16.67% lower at $1.05 following a registered direct offering of 2 million Class A shares priced at $1.00 each, for approximately $2 million in gross proceeds. - The offering may include pre-funded warrants; investors can elect to buy up to 200% additional securities at the same price within 60 days. - Expected close: on or about October 1, 2026. September 30 close: $1.26, after steep earlier-week losses; the broad market is modestly higher and does not appear to explain the move.