Neo-Concept International Group is trading at $0.97, down 8.5%, amid a registered direct offering and potential dilution overhang. - The company priced 2,000,000 Class A shares at $1.00 each, raising about $2 million; the offering closed October 1. - The investor may also purchase up to 200% additional shares or warrants within 60 days. - Shares closed at $1.06 on October 1 after falling 15.87%, following sharp losses earlier in the week; the decline began before the pre-market move.