Amesite Announces Insider-Led Private Placement Priced at a Premium to Market
Amesite (Nasdaq: AMST) entered insider-led definitive agreements to sell 418,118 shares and accompanying Series A-1 and A-2 warrants at $1.435 per share, expected to close on or about April 28, 2026.
Rhea-AI Summary
Amesite (Nasdaq: AMST) entered insider-led definitive agreements to sell 418,118 shares and accompanying Series A-1 and A-2 warrants at $1.435 per share, expected to close on or about April 28, 2026. Aggregate gross proceeds to the company from this private placement are expected to be approximately $600,000.
The company said proceeds will be used for general corporate purposes, and that completion of concurrent offerings should restore stockholders' equity above $2.5 million to regain Nasdaq compliance.
Positive
- Insider participation includes officers and directors purchasing 418,118 shares
- Expected proceeds of approximately $600,000 from the insider-led private placement
- Concurrent capital efforts expected to yield aggregate gross proceeds of about $2.6 million
- Nasdaq compliance anticipated: stockholders' equity expected to exceed $2.5 million
Negative
- Issuance of shares and up to 418,118 warrants creates potential dilution for existing shareholders
- Warrants include long dated Series A-1 (5 years) and shorter Series A-2 (18 months) affecting future cap structure
- Securities are unregistered at issuance and subject to a resale registration filing before public resale
Details
News Market Reaction – AMST
In the Apr 28 session, AMST declined 6.67%, reflecting a notable negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
- Common shares issued
- 418,118 shares
- Insider-led private placement
- Series A-1 warrants
- 418,118 warrants
- Insider-led private placement
- Series A-2 warrants
- 418,118 warrants
- Insider-led private placement
- Offering price
- $1.435 per share
- Insider-led private placement pricing
- Insider placement proceeds
- approximately $600,000
- Aggregate gross proceeds from insider-led private placement
- Concurrent offering proceeds
- approximately $2 million
- Aggregate gross proceeds from concurrent registered direct and private placement
- Target stockholders’ equity
- in excess of $2.5 million
- Company belief for Nasdaq equity compliance after offerings
- Warrant terms
- 5 years and 18 months
- Series A-1 and Series A-2 warrant expirations after key dates
Historical Context
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Concurrent registered direct offering and private placement to raise up to $6M.
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Withdrawal of Form S-1 public offering plans while highlighting NurseMagic™ market.
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Trading partner agreement enabling HIPAA-compliant connectivity and strong revenue growth.
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NurseMagic™ named award finalist alongside reported staged revenue acceleration.
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Launch of AI-native NurseMagic EMR and disclosure of rapid revenue and traffic growth.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
private placement financial
registered direct offering financial
series A-1 warrants financial
series A-2 warrants financial
Section 4(a)(2) regulatory
Regulation D regulatory
Resale Registration Statement regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
DETROIT, April 28, 2026 (GLOBE NEWSWIRE) -- Amesite Inc. (Nasdaq: AMST), developer of the AI‑native NurseMagic™ platform and EMR for non‑acute care, today announced that it has entered into definitive agreements with certain of its officers and directors, including Dr. Ann Marie Sastry, Ph.D, its Chairman and CEO, and George Parmer, a member of its board of directors, for the purchase and sale of an aggregate of 418,118 shares of its common stock, Series A-1 warrants to purchase an aggregate up to 418,118 shares of the Company’s common stock and Series A-2 warrants to purchase an aggregate up to 418,118 shares of the Company’s common stock at a purchase price of
The private placement follows the Company's recently announced concurrent registered direct offering and private placement, priced at-the-market under Nasdaq rules, which is expected to result in aggregate gross proceeds to the Company of approximately
The warrants to be issued in the insider-led private placement will have an exercise price of
The offering is expected to close on or about April 28, 2026, subject to satisfaction of customary closing conditions. The aggregate gross proceeds to the Company from the offering are expected to be approximately
The shares of common stock and warrants to be issued in the private placement, as well as the unregistered warrants to be issued to the investors in the registered directed offering, are being offered in a private placement under Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”) and/or Regulation D promulgated thereunder and, along with the shares of common stock underlying such unregistered warrants sold in the offering, have not been registered under the Securities Act or applicable state securities laws. Accordingly, such securities may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and such applicable state securities laws. Pursuant to a registration rights agreement, the Company has agreed to file one or more registration statements with the SEC covering the resale of the unregistered securities to be issued in the offering (the “Resale Registration Statement”).
Upon completion of the concurrent registered direct offering and private placement and the insider-led private placement, the Company believes that its stockholders’ equity will be in excess of
This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.
About Amesite Inc.
Amesite (NASDAQ: AMST) is an AI-driven company with an immediate aim to transform the
Forward-Looking Statement
This communication contains forward-looking statements (including within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended) concerning, among others, the completion of the offering, the satisfaction of customary closing conditions related to the offering, the receipt of stockholder approval the intended use of net proceeds from the offering and compliance with the Nasdaq continued listing rules. Forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as "may," "will," "should," "would," "expect," "plan," "believe," "intend," "look forward," and other similar expressions among others. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties, including market and other conditions, and are not guarantees of future performance. Actual results could differ materially from those contained in any forward-looking statement. Risks facing the Company and its planned platform are set forth in the Company’s filings with the SEC. Except as required by applicable law, the Company undertakes no obligation to revise or update any forward-looking statement, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.
Investor Relations
ir@amesite.com