InvestorNewsBreaks – Amesite Inc. (NASDAQ: AMST) Announces Increase in Public Offering

Amesite (NASDAQ: AMST), a leading artificial intelligence (โ€œAIโ€) software company offering a cloud-based learning platform and content creation services for business, university, nonprofit, and government agency learning and upskilling, has increased the size of its previously announced public offering. According to the announcement, the increase is a result of demand. The company noted that the underwriter agreed to increase the size of the public offering and purchase on a best efforts basis 3,750,000, shares of commonย stock at $0.80 per share before underwriting discounts and commissions. The offering is expected to close on or around Feb. 16, 2022, subject to customary closing conditions. UK-based Laidlaw & Company Ltd. is acting as sole book-running manager for the offering. Amesite plans to use gross proceeds from the offering, which are anticipated to be around $3 million, for general corporate purposes, capital expenditures, working capital and general and administrative expenses.

To view the full press release, visitย https://ibn.fm/eWDb0

About Amesite Inc.

Amesite delivers the worldโ€™s most effective online learning systems for employees, studentsย and job seekers. Arti๏ฌcial intelligence drives the platform. Amesite delivers clean, accessibleย interfaces, best-in-class technology, and unparalleled scalability and integration capabilities.ย The companyโ€™sย partnersย giveย itย theย bestย reviews inย theย industry,ย withย customer-brandedย learningย community environments that integrate with existing tools and deliver outstandingย results. Amesite delivers branded systems for businesses, universities, nonpro๏ฌtsย andย governmentย agencies as fast as 24 hours. For more information about the company, please visitย www.Amesite.com.

NOTE TO INVESTORS:ย The latest news and updates relating to AMST are available in the companyโ€™s newsroom atย https://ibn.fm/AMST

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products youโ€™ll need to ensure that your next press release grabs the attention of your target audience and doesnโ€™t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offerย UNLIMITED Wordsย on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentaryย Press Release Enhancement.

With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of theย 50+ brandsย that make up theย InvestorBrandNetwork.

Get more out of your next press release with InvestorWire. Itโ€™s unlike anything youโ€™ve seen before.

For more information, please visitย https://www.InvestorWire.com

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published:ย http://ibn.fm/Disclaimer

InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.InvestorWire.com
Editor@InvestorWire.com

InvestorWire is part of theย InvestorBrandNetwork.

Recent Quotes

View More
Symbol Price Change (%)
AMZN  229.53
+0.42 (0.18%)
AAPL  278.78
-1.92 (-0.68%)
AMD  217.97
+1.99 (0.92%)
BAC  53.95
+0.07 (0.13%)
GOOG  322.09
+3.70 (1.16%)
META  673.42
+11.89 (1.80%)
MSFT  483.16
+2.32 (0.48%)
NVDA  182.41
-0.97 (-0.53%)
ORCL  217.58
+3.25 (1.52%)
TSLA  455.00
+0.47 (0.10%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.

Gift this article