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EMagin Executive Says Apple Didn't Invest in the Company

Late January filing listed Apple among ‘specified investors’
EMagin stock halted after CFO comments; gives up some gains

The Apple Inc. logo is displayed at the Upper West Side Apple store in New York, U.S., on Sunday, July 20, 2014. Apple Inc. is expected to release earnings data on July 22.Photographer: Michael Nagle

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By Mark Gurman

February 12, 2018 at 12:04 PM EST

Updated on

February 12, 2018 at 4:42 PM EST

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EMagin Corp. Chief Financial Officer Jeffrey Lucas said on Monday that Apple Inc. didn’t invest in the augmented-reality display component maker, contradicting a listing in a regulatory filing mentioning the technology giant.

An EMagin filing with the Securities and Exchange Commission listing Apple among "specified investors" was reported earlier on Monday by TechCrunch, Bloomberg News and others. The document, from Jan. 23, proposed an EMagin share offering and also named LG Display Co., virtual-reality startup Immerex, gaming company Valve Corp., and Stillwater Holdings LLC as investors.

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