Amesite Inc.

Amesite Inc. (AMST) priced its initial public offering on Sep 28, 2020 at $5.00 per share, within its $4.50–$5.50 range, raising $15M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $101.6M. Laidlaw was lead-left underwriter, joined by Benchmark. Sheppard Mullin advised the company and Sichenzia Ross Ference Carmel advised the underwriters.

Amesite Inc. provides an artificial intelligence driven platform and course design service that builds customized online learning products. Its customers are businesses, universities and colleges, and K-12 schools, and it either shares revenue with them or licenses its platform for fees.

Status

IPO

Ticker

AMST

Exchange

Nasdaq Capital Market

Priced

Sep 28, 2020

IPO price

$5.00

Price range

$4.50–$5.50

Raised

$15M

Market cap at IPO price

$101.6M

First filed

Aug 17, 2020

Underwriters

Laidlaw and Benchmark

Company counsel

Sheppard Mullin

Underwriters' counsel

Sichenzia Ross Ference Carmel

Sector

Technology

Country / state

MI

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.