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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.

Rhea-AI Summary

Amesite Inc. (NASDAQ: AMST) announced the launch of a case study video showcasing its global enterprise learning solution for EWIE Group of Companies (EGC) on January 25, 2023. Kasey Braun, EGC's Training and Quality Manager, praised Amesite's technology for simplifying administrative tasks and enhancing team management. Dr. Ann Marie Sastry, CEO of Amesite, highlighted the company's capability to efficiently scale corporate learning worldwide. According to the Association for Talent Development, organizations invest an average of $1,252 per employee in training. The full case study video can be accessed online.

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Amesite Inc. (NASDAQ: AMST), a leader in AI-driven software for education and business, announced that its Founder and CEO, Dr. Ann Marie Sastry, will present at the Sidoti January Micro-Cap Virtual Conference on January 18-19, 2023. The presentation, accessible live at 9:15 AM ET on January 18, will be followed by virtual one-on-one meetings with investors on both conference days. Interested participants can register for the event for free. Amesite provides a scalable online learning platform, catering to multi-billion-dollar markets, combining various educational and administrative functionalities.

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Amesite Inc. (NASDAQ: AMST) has responded to the National Institute of Standards and Technology's call for information on semiconductor manufacturing initiatives under the CHIPS for America Act. This legislation aims to bolster the U.S. semiconductor industry through funding and educational support, particularly from under-resourced communities. Amesite's partnership with NAFEO aims to enhance workforce diversity in tech through rapid program launches. Key industry challenges include a reported 30,000 worker shortfall in Taiwan and a necessity for digital transformation in the sector, underscoring upskilling needs.

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Amesite Inc. (NASDAQ: AMST) announced a successful partnership case study with EWIE Group of Companies (EGC), showcasing training outcomes for nearly 1,000 employees across 10 countries. EGC, a provider of manufacturing and supply chain solutions, utilized Amesite's AI-driven learning platform to onboard over 50 courses in just 4 days, achieving a remarkable employee score of 91%, well above the target of 70%. Dr. Ann Marie Sastry, CEO of Amesite, expressed enthusiasm for expanding their customer base, emphasizing the platform's rapid deployment and integration capabilities.

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Amesite Inc. (NASDAQ: AMST) has expanded its collaboration with the National Association for Equal Opportunity in Higher Education (NAFEO) by adding five new member universities. These institutions, including Alabama State University and Clark Atlanta University, will join NAFEO’s Center for Opportunity and Equity (COE), supported by a $30M fundraising campaign aimed at enhancing online learning resources for Historically Black Colleges and Universities (HBCUs) and Predominantly Black Institutions (PBIs). Collectively, these universities enroll over 700,000 students and benefit from Amesite's AI-driven platform.

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Amesite Inc. (NASDAQ: AMST), a top AI software company, will have its Founder & CEO, Dr. Ann Marie Sastry, present at the H.C. Wainwright 24th Annual Global Investment Conference on September 13, 2022, at 3:00 PM ET. The conference will take place at the Lotte New York Palace Hotel in New York City, featuring an in-person format with presentation and one-on-one meetings.

Amesite offers a customizable online learning platform for various sectors, enhancing digital learning experiences. For details, visit amesite.io.

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Amesite Inc. (NASDAQ: AMST) has successfully completed a registered direct offering of 4,181,821 shares of common stock, along with a concurrent private placement of warrants to purchase an equal number of shares, at a combined price of $0.55. This offering generated approximately $2.3 million in gross proceeds for the company. The warrants will be exercisable after six months at an exercise price of $0.82 and will expire in five and a half years. The transaction was facilitated by Laidlaw & Company (UK) Ltd., the sole placement agent.

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Amesite has announced a securities purchase agreement with institutional investors to sell 4,181,821 shares of common stock and corresponding warrants at a price of $0.55 each, generating approximately $2.3 million in gross proceeds. The warrants, exercisable after six months, have an exercise price of $0.82 and will expire in 5.5 years. This offering is expected to close on or about September 1, 2022, subject to standard conditions. A prospectus supplement will provide further details and is available from Laidlaw & Company.

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Amesite, Inc. (NASDAQ: AMST) announced a securities purchase agreement with institutional investors for the sale of 4,181,821 shares of common stock and warrants at a combined price of $0.55, expecting gross proceeds of approximately $2.3 million. The warrants, exercisable in six months at $0.82 per share, will expire in five years. This offering is scheduled to close on or about September 1, 2022. The transaction complies with an effective shelf registration statement filed with the SEC. Laidlaw & Company (UK) Ltd. is the sole placement agent involved in the offering.

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Amesite (NASDAQ: AMST) has partnered with the National Association for Equal Opportunity in Higher Education (NAFEO) to launch an Enterprise Learning Community Environment (LCESM) aimed at Historically Black Colleges and Universities (HBCUs). This initiative will offer a complete system for learner enrollment, program delivery, and certificate issuance, enhancing learning opportunities. With NAFEO supporting over 700,000 students and a significant economic impact of $15 billion from HBCUs, this collaboration aims to address skill gaps and expand access to education for professional learners.

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FAQ

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

The current stock price of Amesite (AMST) is $3.3 as of January 22, 2025.

What is the market cap of Amesite (AMST)?

The market cap of Amesite (AMST) is approximately 13.2M.

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

13.22M
2.98M
29.21%
7.08%
1.44%
Software - Application
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United States of America
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