AMERI Holdings Priced, Nasdaq: AMRH

Outsourced provider of IT services to SAP customers.

Industry: Technology

Latest Trade: $1.86 0.00 (0.0%)

First Day Return: -15.3%

Return from IPO: -54.9%

Industry: Technology

Our SAP focus allows us to provide technological solutions to a broad and growing base of clients. Our model inverts the conventional global delivery model wherein offshore IT service providers are based abroad and maintain a minimal presence in the US. With a strong SAP focus, our client partnerships anchor around SAP cloud services, artificial intelligence, internet of things ad robotic presence automation. We pursue an acquisition strategy that seeks to disrupt the established business model of offshore IT service providers. We generate revenue by providing consulting services under written service contracts with our customers. The service contracts generally fall into two categories: (1) time-and-materials contracts and (2) fixed-price contracts.
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IPO News for AMERI Holdings
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IPO Data
IPO File Date 09/18/2017
Offer Price $4.12
Price Range $4.00 - $4.50
Offer Shares (mm) 1.5
Deal Size ($mm) $6
IPO Data
IPO Date 11/17/2017
Offer Price $4.12
Price Range $4.00 - $4.50
Offer Shares (mm) 1.5
Deal Size ($mm) $6
Underwriters
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Company Data
Headquarters Princeton, NJ
Founded 2013
Employees 275
Website www.ameri100.com