-+ 0.00%
-+ 0.00%
-+ 0.00%

Amesite closes private placement, raises $2.6 million upfront at $1.44 per share

PUBT·04/28/2026 21:11:55
Listen to the news
Amesite closes private placement, raises $2.6 million upfront at $1.44 per share
  • Amesite closed concurrent private placements priced at-the-market under Nasdaq rules, raising about USD 2.6 million in gross proceeds.
  • Financing included sale of 696,866 common shares in a private placement at USD 1.44 per share, with Series A-1 and Series A-2 warrants covering up to 1,393,732 shares.
  • An insider-led private placement sold 418,118 common shares at USD 1.44 per share, with Series A-1 and Series A-2 warrants covering up to 836,236 shares.
  • Warrants carry an exercise price of USD 1.44 per share, with potential additional gross proceeds of about USD 5.2 million if exercised for cash.
  • Net proceeds earmarked for general corporate purposes, including working capital.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Amesite Inc. published the original content used to generate this news brief on April 28, 2026, and is solely responsible for the information contained therein.