Amesite's Leadership Makes Significant Stock Purchases Amid Company Expansion and AI App Growth

Amesite director Gilbert Omenn purchases $9,999 in common stock By Investing.com

In a recent transaction filed with the Securities and Exchange Commission, Gilbert S. Omenn, a director at Amesite Inc. (NASDAQ:AMST), acquired a significant number of shares in the company. Omenn purchased 3,333 shares of Amesite's common stock at a price of $3.00 per share, amounting to a total investment of $9,999. The purchase comes as the stock has experienced a significant 41% decline over the past week, with shares currently trading at $2.70. According to InvestingPro analysis, the stock appears undervalued relative to its Fair Value. This purchase was made through a confidentially marketed public offering, as detailed in the final prospectus filed by Amesite with the SEC on January 7, 2025. Following this transaction, Omenn holds a total of 9,805 shares indirectly through the Gilbert S. Omenn Revocable Trust. This acquisition reflects Omenn's continued interest in the company, which specializes in prepackaged software services. Amesite is based in Ann Arbor, Michigan, and operates under the ticker symbol AMST on the NASDAQ exchange. In other recent news, Amesite Inc. has announced a public offering of 1,201,667 common shares at $3.00 each, aiming to raise around $3.6 million. The funds are earmarked for general corporate use, with Laidlaw & Company and Craft Capital Management acting as joint book-running managers. Analysts at InvestingPro forecast a revenue growth of over 200% for fiscal year 2025 for Amesite. The company has also seen changes to its board, with recent resignations announced but no information about potential replacements. Furthermore, Amesite's AI-powered NurseMagic™ app has seen significant growth in marketing and sales, reaching over 12.7 million accounts on social media. Amesite recently welcomed Sarah Berman as Principal Financial (NASDAQ:PFG) and Accounting Officer, following the non-renewal of Sherlyn W. Farrell's contract. In partnership with the EWIE Group of Companies and Volunteer State Community College, Amesite continues to offer AI-enhanced enterprise upskilling and non-degree AI and technical training programs. The company also plans to expand into the B2C AI app market with future apps, such as a Public Safety app focusing on active shooter response training. These are recent developments in the company's ongoing growth and expansion.

Amesite director George Parmer acquires $249,999 in common stock By Investing.com

In a recent transaction, George Parmer, a director at Amesite Inc. (NASDAQ:AMST), purchased a substantial amount of the company's common stock. According to a filing with the Securities and Exchange Commission, Parmer acquired 83,333 shares at a price of $3.00 per share, notably above the current trading price of $2.70. The timing is interesting, as InvestingPro data shows the stock has declined over 41% in the past week. This acquisition, valued at approximately $249,999, was part of a confidentially marketed public offering, as detailed in the final prospectus filed by Amesite with the SEC on January 7, 2025. Following this transaction, Parmer's total holdings in Amesite increased to 189,166 shares. The purchase reflects a significant investment in the company, which specializes in prepackaged software services. In other recent news, Amesite Inc. has announced a series of significant developments. The AI technology firm has set the pricing for its public offering of 1,201,667 common shares at $3.00 each, aiming to raise around $3.6 million. The proceeds are intended for general corporate use, including capital expenditures, working capital, and administrative expenses, with Laidlaw & Company and Craft Capital Management LLC managing the transaction. Amesite also reported board member resignations, with no indication of potential replacements or changes to the board's composition. The company has experienced significant growth in the marketing and sales of its AI-powered NurseMagic™ app, with a surge in social media engagement reaching over 12.7 million accounts. InvestingPro analysts project substantial revenue growth of over 200% for the current fiscal year for Amesite. The company has welcomed Sarah Berman as Principal Financial (NASDAQ:PFG) and Accounting Officer, following the non-renewal of Sherlyn W. Farrell's contract. Amesite continues to collaborate with the EWIE Group of Companies and Volunteer State Community College, providing AI-enhanced enterprise upskilling and non-degree AI and technical training programs.

amesite CEO Ann Marie Sastry purchases $999,999 in stock By Investing.com

Ann Marie Sastry, Chief Executive Officer of Amesite Inc. (NASDAQ:AMST), has acquired 333,333 shares of the company's common stock in a recent transaction valued at approximately $999,999. The shares were purchased at a price of $3.00 each, as part of a confidentially marketed public offering. The purchase comes as the stock has experienced a significant 41% decline over the past week, according to InvestingPro data. Following this transaction, Sastry holds a total of 875,431 shares, according to the filing with the Securities and Exchange Commission. The purchase was executed through the Ann Marie Sastry Declaration of Trust. This insider purchase represents a significant commitment to the micro-cap company, currently valued at $7.62 million. InvestingPro analysis indicates the stock is currently trading below its Fair Value, with additional metrics and insights available to subscribers. In other recent news, Amesite Inc. has announced a public offering of 1,201,667 common shares at $3.00 each, with the intention of raising approximately $3.6 million. The offering, managed by Laidlaw & Company and Craft Capital Management LLC, is part of Amesite's strategy to strengthen its financial position for ongoing and future projects. Analysts at InvestingPro project a revenue growth of over 200% for Amesite in fiscal year 2025. In parallel, the company is experiencing substantial growth in the marketing and sales of its AI-powered NurseMagic™ app. The app's success is attributed to a surge in social media engagement, reaching more than 12.7 million accounts. This surge aligns with predictions from InvestingPro of significant revenue growth for Amesite. Amesite recently welcomed Sarah Berman as Principal Financial (NASDAQ:PFG) and Accounting Officer, following the non-renewal of Sherlyn W. Farrell's contract. Berman's appointment coincides with the company's recent financial statements as part of its 8-K filing. Amesite has also announced board member resignations, with no indication of potential replacements or changes to the board's composition. The company continues its collaborative efforts with the EWIE Group of Companies and Volunteer State Community College, offering AI-enhanced enterprise upskilling and non-degree AI and technical training programs respectively. These are some of the recent developments for Amesite.