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Amesite Priced, Nasdaq: AMST

Provides an AI-driven platform for developing online learning products.

Industry: Technology

Latest Trade: $5.22 0.00 (0.0%)

First Day Return: +4.4%

Return from IPO: +4.4%

Industry: Technology

We are an artificial intelligence driven platform and course designer that rapidly provides customized, high performance and scalable online products for schools and businesses. We use machine learning to provide a novel, mass customized experience to learners. Our customers are businesses, universities and colleges and K-12 schools. We are passionate about improving the learner experience and learner outcomes in online learning products, and improving our customers’ ability to create and deliver both. We work closely with our customers to deliver online learning products. Our business model offers flexibility for our customers, either in sharing revenue or in licensing our platform and paying fees to us to create, launch and maintain learning products. We have entered into master service agreements with our customers, including, but not limited to, universities and The Henry Ford, as well as statements of work detailing the services to be rendered and programs or products to be delivered on the platform. We convert customer content onto our proprietary platform, or generate content for our customers, and use the proprietary data we collect on learner behavior and responses with their consent, to deliver to learners engaging, effective college courses.
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IPO News for Amesite
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IPO Data
IPO File Date 08/17/2020
Offer Price $5.00
Price Range $4.50 - $5.50
Offer Shares (mm) 3.0
Deal Size ($mm) $15
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 09/24/2020
Offer Price $5.00
Price Range $4.50 - $5.50
Offer Shares (mm) 3.0
Deal Size ($mm) $15
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters Detroit, MI
Founded 2017
Employees 19
Website www.amesite.com