Amesite Operating Company, an online learning platform provider, has filed Form S-1 Registration Statement on August 17, 2020 with U.S Securities and Exchange Commission to raise up $16 million in the IPO.
The company plans to raise $16 million by offering 3.1 million shares at a price range of $4.5 to $5.5. Assuming a successful IPO at the midpoint of the proposed range, the company expects a market capitalization of $109 million.
The company provides customized, high performance, and scalable online products for customers including businesses, universities and colleges, and K-12 schools.
The Detroit, Michigan-based company was founded in 2017 and booked $31 million in revenue for the 12 months ended March 31, 2020. It plans to list on the Nasdaq Capital Market under the symbol “AMST.” Laidlaw & Company (UK) Ltd is underwriter of the IPO.
The company engages Sheppard, Mullin, Richter & Hampton LLP as US Securities Counsel, and Deloitte & Touche LLP as Independent Auditor.
#ipo #online # learning #platform # Deloitte #education
Hexcellence Consulting has experienced IPO consulting team focus on listing in US Stock Market,
namely NYSE, Nasdaq and OTC Markets.
Should you interested to list your company in US Stock Market,
please contact us at [email protected].