Amesite Down 15% Following News of Public Offering

Dow Jones

Jan 07, 2025

By Josh Beckerman

Shares of Amesite were down 15% to $3.45 in after-hours trading Monday following an announcement of a public offering.

In a prospectus supplement, the company reiterated that there is substantial doubt about its ability to continue as a going concern.

Amesite's operations include the higher education platform Amesite Engage and the NurseMagic healthcare app.

The company plans to offer common shares, or pre-funded warrants in lieu thereof. It didn't state the expected size of the offering.

Write to Josh Beckerman at josh.beckerman@wsj.com

(END) Dow Jones Newswires

January 06, 2025 18:52 ET (23:52 GMT)

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