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Aether Holdings (NASDAQ: ATHR) has successfully completed its Initial Public Offering (IPO), selling 1,800,000 shares of common stock at $4.30 per share on April 11, 2025. The fintech holding company, which provides software, data, and AI technology to institutional and self-directed investors, raised $7.74 million in gross proceeds and approximately $6.52 million in net proceeds.
Trading of ATHR shares commenced on the Nasdaq Capital Market on April 10, 2025. The company plans to utilize the proceeds for product development, workforce expansion across various departments, sales and marketing initiatives, and general corporate purposes. The Benchmark Company and Axiom Capital Management served as joint book-running managers for the offering.