Arteris, Inc.

Arteris, Inc. (AIP) priced its initial public offering on Oct 28, 2021 at $14.00 per share, raising $70M, and listed on Nasdaq Global Market. At the IPO price its market capitalization was about $420M. Latham & Watkins advised the company and Cooley advised the underwriters.

Arteris, Inc. provides interconnect and other intellectual property technology that manages on-chip communications in System-on-Chip semiconductor devices. Its products help customers build increasingly complex SoCs with more processors, memory channels, machine learning sections and other subsystems.

Status

IPO

Ticker

AIP

Exchange

Nasdaq Global Market

Priced

Oct 28, 2021

IPO price

$14.00

Raised

$70M

Market cap at IPO price

$420M

First filed

Oct 1, 2021

Company counsel

Latham & Watkins

Underwriters' counsel

Cooley

Sector

Technology

Country / state

CA

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