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Amesite Announces Closing of Public Offering
AMSTAmesite(AMST) GlobeNewswire·2025-01-08 21:30

Core Viewpoint - Amesite Inc. has successfully closed a public offering of 1,201,667 shares at a price of 3.00pershare,raisingapproximately3.00 per share, raising approximately 3.6 million, with participation from certain officers and directors totaling around $1.26 million [1][2]. Group 1: Offering Details - The public offering was underwritten on a "best efforts" basis, with Laidlaw & Company (UK) Ltd. and Craft Capital Management LLC serving as joint book-running managers [2]. - The net proceeds from the offering will be allocated for general corporate purposes, capital expenditures, working capital, and general and administrative expenses [2]. Group 2: Company Overview - Amesite Inc. specializes in developing and marketing AI-driven solutions for both B2C and B2B markets, leveraging proprietary AI infrastructure [5]. - The company offers applications such as NurseMagic™, a mobile app designed for health and care professionals, which aids in nursing documentation, enhances patient communication, and provides personalized guidance [5]. Group 3: Regulatory Information - A shelf registration statement related to the public offering was filed with the SEC and declared effective on December 18, 2024 [3]. - A preliminary prospectus supplement and accompanying prospectus for the offering are available on the SEC's website [3].