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InvestorNewsBreaks – Amesite Inc. (NASDAQ: AMST) Announces Increase in Public Offering
February 15, 2022

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

Amesite (NASDAQ: AMST), a leading artificial intelligence (“AI”) 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 common 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, visit https://ibn.fm/eWDb0

About Amesite Inc.

Amesite delivers the world’s most effective online learning systems for employees, students and job seekers. Artificial intelligence drives the platform. Amesite delivers clean, accessible interfaces, best-in-class technology, and unparalleled scalability and integration capabilities. The company’s partners give it the best reviews in the industry, with customer-branded learning community environments that integrate with existing tools and deliver outstanding results. Amesite delivers branded systems for businesses, universities, nonprofits and government agencies as fast as 24 hours. For more information about the company, please visit www.Amesite.com.

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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