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Amesite Announces Pricing of Public Offering
AMSTAmesite(AMST) GlobeNewswire News Room·2025-01-07 13:35

Core Viewpoint - Amesite Inc. has announced a public offering of 1,201,667 shares at a price of 3.00pershare,aimingtoraiseapproximately3.00 per share, aiming to raise approximately 3.6 million, with participation from certain officers and directors for about $1.26 million [1][2]. Group 1: Offering Details - The public offering is underwritten on a "best efforts" basis and is expected to close on January 8, 2025, pending customary closing conditions [1]. - Laidlaw & Company (UK) Ltd. and Craft Capital Management LLC are serving as joint book-running managers for the offering [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for general corporate purposes, capital expenditures, working capital, and general and administrative expenses [2]. Group 3: Company Overview - Amesite Inc. specializes in AI-driven solutions for both B2C and B2B markets, leveraging proprietary AI infrastructure to develop applications that meet individual and professional needs [5]. - The company's mobile app, NurseMagic™, assists health and care professionals by streamlining nursing documentation, enhancing patient communication, and providing personalized guidance [5].