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Amesite Releases Video Shareholder Update

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(Moderate)
Rhea-AI Sentiment
(Neutral)
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Amesite Inc. (NASDAQ: AMST), an AI software company offering cloud-based learning platforms, has released a video shareholder update on July 25, 2024. The update, presented by CEO Dr. Ann Marie Sastry, covers several key areas:

1. Progress on the new B2C app, NurseMagic™
2. B2C and B2B offerings and plans for revenue growth
3. Company infrastructure and ability to scale users
4. Financial standing

This update aims to provide shareholders with insights into Amesite's current operations, growth strategies, and financial position. The presentation is available on the company's investor relations website, offering transparency and communication with stakeholders.

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Positive

  • Release of a new B2C app, NurseMagic™, indicating product expansion
  • Plans for revenue growth through B2C and B2B offerings
  • Focus on scaling user base and improving company infrastructure

Negative

  • None.

News Market Reaction 1 Alert

-3.36% News Effect

On the day this news was published, AMST declined 3.36%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

DETROIT, July 25, 2024 (GLOBE NEWSWIRE) -- Amesite Inc. (NASDAQ: AMST), a leading artificial intelligence software company offering a cloud-based learning platform for business and education markets, announces today it has released a video shareholder update to its website today, July 25, 2024 at 6:00pm.

The presentation is available to shareholders here: https://ir.amesite.com/news-events/media 

As part of the update, Amesite's CEO, Dr. Ann Marie Sastry, will review:

  • Progress on New B2C App: NurseMagic™
  • B2C and B2B Offerings and Plan for Revenue Growth
  • Company Infrastructure and Ability to Scale Users
  • Financial Standing

About Amesite Inc.

Amesite Inc., an education tech SaaS company, offers its proprietary learning platform and content services to deploy affordable and effective AI for white-labeled online learning programs for colleges and universities. The company's technology platform leverages cutting-edge AI to offer an innovative out-of-the box, AI-powered learning ecosystem, complete with 24/7 learner support, up-to-date content and ready-to-go programs to quickly deploy and generate revenue. With the announcement of NurseMagic™, Amesite has entered the B2C AI app market. Amesite has also announced its intention to deliver other apps on its infrastructure including a Public Safety app that includes training and preparedness for active shooter response. For more information, visit https://amesite.com.

Forward Looking Statements

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 the Company, the Company's planned online machine learning platform, the Company's business plans, any future commercialization of the Company's online learning solutions, potential customers, business objectives and other matters. 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 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 Contact:

MJ Clyburn

TraDigital IR

clyburn@tradigitalir.com


FAQ

What is the main purpose of Amesite's video shareholder update released on July 25, 2024?

The main purpose of Amesite's (AMST) video shareholder update is to provide information on the company's progress, including the new NurseMagic™ app, B2C and B2B offerings, plans for revenue growth, infrastructure improvements, user scaling capabilities, and financial standing.

What new product has Amesite (AMST) announced in their shareholder update?

Amesite (AMST) has announced progress on a new B2C app called NurseMagic™ in their shareholder update.

Who is presenting the shareholder update for Amesite (AMST) on July 25, 2024?

Dr. Ann Marie Sastry, the CEO of Amesite (AMST), is presenting the shareholder update on July 25, 2024.

Where can shareholders access Amesite's (AMST) video update released on July 25, 2024?

Shareholders can access Amesite's (AMST) video update on the company's investor relations website at https://ir.amesite.com/news-events/media.
Amesite Inc

NASDAQ:AMST

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