Amir F Heshmatpour, president of NeonC Technologies Holdings, Inc. (NASDAQ: NTHI), bought 10,000 shares of the companys common stock on April 10, 2026. The purchases were executed at prices ranging from $4.84 to $4.95, producing an average purchase price of $4.895 and totaling $48,949.
The trade occurred while NeonC’s share price had declined nearly 14% over the preceding week, with the stock trading at $5.11 and the company showing a market capitalization of $121.89 million. According to InvestingPro analysis cited in connection with the stock, which offers additional proprietary tips for NTHI, the shares currently appear overvalued relative to their Fair Value.
Following the April 10 transaction, Heshmatpours direct ownership in NeonC Technologies stands at 3,042,000 common shares. He also holds indirect stakes through several entities: 256,120 shares via HCWG LLC, 550,000 shares through KIG LLC, and 3,714,020 shares through AFH Holdings & Advisory, LLC.
Recent corporate actions
In separate disclosures, NeOnc Technologies Holdings, Inc. announced it raised approximately $16 million in a private placement, selling shares of common stock alongside warrants. Those warrants carry an exercise price of $9.00 per share. The company also disclosed the resolution of a prior legal matter with Fox Infused, LLC, agreeing to a payment of $737,920.77 to settle disputes arising from an agreement originally made in 2022.
Additionally, NeOnc Technologies named David Choi as Chief Accounting Officer, assigning him oversight of the companys primary accounting and financial reporting functions. The company said it plans to present Phase 1 trial data on March 4, 2026; the presentation will cover findings from a clinical trial targeting treatments for central nervous system malignancies.
These filings and announcements capture a cluster of developments - insider buying, capital raising, legal settlement, leadership appointment, and a clinical data milestone - disclosed by the company in recent reports. The mix of financing and operational updates was disclosed alongside the insider purchase and the market performance noted above.