InvestorNewsBreaks – Amesite Inc. (NASDAQ: AMST) Closes on $2.3M Direct Offering
Sep 2, 2022
Amesite (NASDAQ: AMST), a leading artificial intelligence software company offering a cloud-based learning platform for business and education markets, has closed on its previously announced registered direct offering. Comprised of 4,181,821 shares of common stock, the offering also included a concurrent private placement of warrants to purchase 4,181,821 shares of common stock at a combined purchase price of $0.55. According to the announcement, gross proceeds of the offering totaled an estimated $2.3 million before agent fees and other offering expenses are deducted. Amesite noted that the warrants will be exercisable six months after the date of issuance and will have an exercise price of $0.82 per share; the warrants will expire five and one-half years from the date of issuance. According to the announcement, Laidlaw & Company (UK) Ltd. was sole placement agent for the offering.
To view the full press release, visit https://ibn.fm/IbGnN
About Amesite Inc.
Amesite delivers its scalable, customizable, white-labeled online learning platform to universities, businesses, museums and government agencies, enabling them to deliver outstanding digital learning. Amesite provides a single system that combines eCommerce, instruction, engagement, analytics and administration using best-in-class infrastructure to serve multibillion-dollar online learning markets. For more information about the company, please visit www.Amesite.io.
NOTE TO INVESTORS: The latest news and updates relating to AMST are available in the company’s newsroom at https://ibn.fm/AMST
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