Kingtone Wirelessinfo, which offers mobile enterprise solutions to business and government agencies in China, raised $16 million by offering 4,000,000 shares at $4.00, at low end of the range of its revised $4.00 to $6.00. Kingtone Wirelessinfo plans to list on the NASDAQ under the symbol "KONE". Roth Capital acted as bookrunner on the deal.
