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Amesite Inc. - AMST STOCK NEWS

Welcome to our dedicated page for Amesite news (Ticker: AMST), a resource for investors and traders seeking the latest updates and insights on Amesite stock.

Amesite Inc. (NASDAQ: AMST) is a leading artificial intelligence (AI) software company headquartered in Detroit, Michigan, specializing in innovative online learning solutions. Amesite’s AI-driven platform and course designer rapidly deliver customized, high-performance, and scalable online products for educational institutions and businesses. The company serves a diverse range of clients including businesses, universities and colleges, and K-12 schools.

Amesite's mission is to enhance learning experiences and outcomes through advanced AI technology. Their platform leverages cutting-edge AI features such as Natural Language Processing (NLP) and generative AI models to offer student support and drive improved educational results. The platform supports a wide array of programs, ranging from technology upskilling and professional development to cohort-based and self-paced learning modules.

One of the company's notable achievements is maintaining a retention rate of 98% for paid learning experiences, significantly surpassing the industry average of 68-73%. This remarkable retention rate underscores the efficacy of Amesite’s programs in engaging and retaining learners.

Recent news highlights Amesite’s dynamic growth and impact:

  • February 2024: The company reported a 169% increase in meetings and a 118% rise in sales opportunities following a pivot to a no-setup fee offer with no minimums.
  • March 2024: Amesite launched a mobile safety application for Active Shooter Preparedness, developed with expert Chris Grollnek, marking a significant expansion into the safety training market.
  • April 2024: The beta release of NurseMagic™, an AI-powered app for nurses, provides tools for professional tasks and continuous education, reflecting Amesite's entry into the B2C AI app market.
  • May 2024: Amesite announced a five-year partnership with Franciscan Missionaries of Our Lady University to deliver healthcare training programs, expanding their impact in the healthcare sector.

Amesite also introduced Explorer Seminars, designed to help students engage with faculty from top institutions and enhance their college admissions prospects. The company's innovative solutions, strategic partnerships, and continuous technological advancements position Amesite as a formidable leader in the AI-driven ed-tech space.

For more information, visit https://amesite.com.

News
Rhea-AI Summary

Amesite Corp. (Nasdaq: AMST) provides an update detailing their commitment to expanding online learning amid economic challenges. CEO Dr. Ann Marie Sastry emphasizes the importance of adapting education through partnerships with institutions like CUNY, Conner Prairie, and Wayne State University. Recent successes include a 29% year-to-date revenue growth and a significant reduction in cash burn to $1.35 million, the lowest since their IPO. The company aims to secure additional clients and enhance shareholder value, underscoring their innovative SaaS platform's role in the future of online education.

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Amesite Inc. (NASDAQ:AMST) announces its sponsorship of the ATD 2022 International Conference & Exposition in Orlando, FL from May 15-18. Founding CEO Dr. Ann Marie Sastry will present on May 18, discussing strategies for enhancing online learner engagement. This conference, hosted by the Association for Talent Development, attracts over 13,000 professionals globally, focusing on trends and solutions in talent development. Amesite will showcase its AI-driven learning platform at Booth 738, offering live demos and expert consultations.

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Amesite Inc. (NASDAQ: AMST) has renewed its partnership with Wayne State University for an additional three years, focusing on professional certificate programs in automotive and related technologies. The collaboration, facilitated through Warrior TechSource, addresses the growing need for upskilling in the rapidly evolving automotive industry, which contributes $304 billion to Michigan's economy. The partnership has already seen over 15 upskilling certificates with a retention rate exceeding 98%. This renewal underscores Amesite's commitment to enhancing learning opportunities within a vital sector.

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Amesite Inc. (NASDAQ: AMST), an AI software company specializing in online learning solutions, announced that Dr. Ann Marie Sastry, its Founder & CEO, will present at the ASU-GSV Summit on April 4, 2022, at 5:10 PM ET. The event is accessible via live stream. Amesite's platform provides scalable and effective learning environments for businesses, universities, and government agencies, leveraging AI to enhance the user experience. The company focuses on rapid deployment of customized learning systems.

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Amesite (NASDAQ: AMST) has partnered with Conner Prairie to create an innovative online learning platform, scheduled for public launch in Fall 2022. The initiative aims to enhance eLearning opportunities for K-12 education, addressing challenges exacerbated by the COVID-19 pandemic. Conner Prairie, a leading living history museum, aims to provide individualized learning experiences through Amesite's advanced digital ecosystem. The collaboration is expected to expand educational access and engagement, making learning more interactive and accessible.

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Amesite Inc. (NASDAQ: AMST) has partnered with the City University of New York (CUNY) to launch a professional learning program on a branded learning portal. This initiative aims to enhance CUNY's educational offerings, which reach over 500,000 learners annually. Dr. Ann Marie Sastry, Founder & CEO of Amesite, expressed enthusiasm for the collaboration, highlighting CUNY's unique position as the largest urban public university in the U.S. This partnership is expected to drive revenue growth for both Amesite and CUNY.

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Amesite Inc. (Nasdaq: AMST) has priced its underwritten public offering of 3,750,000 shares at $0.80 each, totaling approximately $3.0 million. The offering will be managed by Laidlaw & Company (UK) Ltd. Proceeds from this offering will be allocated for general corporate purposes, including capital expenditures and working capital. The offering is registered under the effective registration statement filed with the SEC. This financial move aims to enhance Amesite's cloud-based learning platform services for various sectors, including business and government.

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Amesite Inc. (NASDAQ: AMST), a leader in AI-driven online learning, announced that Dr. Ann Marie Sastry, the company's Founder & CEO, will participate in the Aegis Capital Corp. Virtual Conference from February 23-25, 2022. Dr. Sastry's presentation is scheduled for February 24 at 4:00 p.m. ET. Interested participants can access the event through an iCalendar link. Amesite specializes in providing scalable learning solutions for businesses, educational institutions, and government entities, enhancing upskilling and education through advanced technology.

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Amesite Inc. (Nasdaq: AMST) announced an increase in its public offering of common stock to 3,750,000 shares at $0.80 per share, aiming to raise approximately $3 million. The offering, managed by Laidlaw & Company, is expected to close on or about February 16, 2022. Proceeds will be utilized for general corporate activities, including capital expenditures and working capital. This follows a previously effective registration statement with the SEC. The company focuses on AI-driven online learning solutions for various sectors, enhancing its growth potential in the education technology space.

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Amesite Inc. (Nasdaq: AMST) announced the pricing of a public offering of 3,437,500 shares at $0.80 per share, totaling approximately $2.75 million. The offering is set to close on February 16, 2022, pending customary conditions. Proceeds will be used for general corporate purposes, including working capital and capital expenditures. Laidlaw & Company acts as the underwriter. A registration statement for the offering was previously filed and is effective.

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FAQ

What is the current stock price of Amesite (AMST)?

The current stock price of Amesite (AMST) is $5.11 as of December 20, 2024.

What is the market cap of Amesite (AMST)?

The market cap of Amesite (AMST) is approximately 12.9M.

What services does Amesite Inc. provide?

Amesite Inc. provides AI-driven online learning platforms and course design services to businesses, universities, colleges, and K-12 schools.

What is Amesite’s retention rate for paid learning experiences?

Amesite boasts a 98% retention rate for paid learning experiences, significantly higher than the industry average of 68-73%.

What recent partnerships has Amesite announced?

Recent partnerships include collaborations with Benedict College, Drake State Community and Technical College, and Franciscan Missionaries of Our Lady University.

What new products has Amesite launched?

Amesite has launched the NurseMagic™ app for nurses and a mobile safety application for Active Shooter Preparedness.

How does Amesite leverage AI in its platform?

Amesite uses Natural Language Processing (NLP) and generative AI models to offer student support and improve educational outcomes.

What is NurseMagic™?

NurseMagic™ is an AI-powered app designed for nurses, offering tools for daily tasks and continuous education, including job application support.

How is Amesite enhancing college admission prospects for students?

Amesite’s Explorer Seminars provide students with mentorship from top university faculty, helping them create original works and build significant relationships for college admissions.

Where is Amesite Inc. headquartered?

Amesite Inc. is headquartered in Detroit, Michigan.

What impact does Amesite’s technology have on learning?

Amesite’s AI-powered platform enhances learning by providing up-to-date content, 24/7 learner support, and scalable learning programs.

How can one learn more about Amesite’s offerings?

For more information about Amesite’s products and services, visit their website at https://amesite.com.

Amesite Inc.

Nasdaq:AMST

AMST Rankings

AMST Stock Data

12.90M
1.94M
29.21%
7.08%
1.44%
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