Amesite Inc. (AMST), a company specializing in AI-powered B2C and B2B technology solutions, announced on Tuesday that it has set the price for its underwritten public offering at $3.00 per share. The offering includes approximately 1.20 million shares, aiming to raise around $3.6 million in total. Notably, the company's officers and directors are collectively contributing $1.26 million in subscriptions.
The funds raised will be utilized for various corporate operations, including covering general expenses, bolstering working capital, and financing capital expenditures.
The anticipated closing date for the offering is January 8, as stated by the company.
At present, AMST shares are trading at $2.75, reflecting a decline of 30.41% or $1.30, on the Nasdaq.
The material has been provided by InstaForex Company - www.instaforex.com
The funds raised will be utilized for various corporate operations, including covering general expenses, bolstering working capital, and financing capital expenditures.
The anticipated closing date for the offering is January 8, as stated by the company.
At present, AMST shares are trading at $2.75, reflecting a decline of 30.41% or $1.30, on the Nasdaq.
The material has been provided by InstaForex Company - www.instaforex.com