Aterian, Inc.

Aterian, Inc. (MWK) priced its initial public offering on Jun 13, 2019 at $10.00 per share, raising $36M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $175.4M. Roth Capital was lead-left underwriter, joined by A.G.P..

At its 2019 IPO, Mohawk Group (now Aterian, Inc.) was a technology-enabled consumer products company founded in 2014. It applied artificial intelligence, machine learning and large data sets to develop and sell consumer packaged goods, relying on social proof instead of traditional brand marketing.

Status

IPO

Ticker

MWK

Exchange

Nasdaq Capital Market

Priced

Jun 13, 2019

IPO price

$10.00

Raised

$36M

Market cap at IPO price

$175.4M

First filed

May 10, 2019

Underwriters

Roth Capital and A.G.P.

Sector

Industrials & materials

Country / state

NJ

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