mick
9 months ago
1 <> split history <> https://www.stocksplithistory.com/?symbol=AMST
Amesite (AMST) has 1 split in our Amesite stock split history database.
The split for AMST took place on February 22, 2023.
This was a 1 for 12 reverse split, meaning for each 12 shares of AMST owned pre-split,
the shareholder now owned 1 share. For example, a 1000 share position pre-split, became
a 83.3333333333333 share position following the split.
When a company such as Amesite conducts a reverse share split, it is usually because shares
have fallen to a lower per-share pricepoint than the company would like.
This can be important because, for example, certain types of mutual funds might have a
limit governing which stocks they may buy, based upon per-share price.
The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to
look at per-share price, setting a lower limit for listing eligibility.
So when a company does a reverse split, it is looking mathematically at the market capitalization before
and after the reverse split takes place, and concluding that if the market capitilization remains stable,
the reduced share count should result in a higher price per share.
mick
9 months ago
July 07 2023 - 07:30AM <> Amesite Inc. (NASDAQ: AMST), a leading artificial intelligence software company offering a cloud-based learning platform for education,
GlobeNewswire Inc Share On Facebook
Amesite Inc. (NASDAQ: AMST), a leading artificial intelligence software company offering a cloud-based learning platform for education,
business, and government markets, announces today that Dr. Ann Marie Sastry participated
as a special guest in an ARK Invest Podcast hosted by Cathie Wood of ARK Invest
and Angie Dalton of Signum Growth Capital.
The podcast, titled “How Artificial Intelligence is Powering Education with Dr. Ann Marie Sastry”, can be found here: https://ark-invest.com/podcast/how-artificial-intelligence-is-powering-education/
During this episode, Dr. Sastry, Ms. Wood and Ms. Dalton dove into the intersection of artificial intelligence (AI) and education.
They discussed the importance of engagement in education, the role of technology and generative AI,
and the need to inspire learners in new ways.
Dr. Sastry shared her experience in selling products into a dramatically new and accepting market, and
her passion for delivering education using technology to inspire learners.
The conversation covered personalized teaching and how AI can help people leverage their strengths, the shift in gaming towards creator platforms,
and the need for education to compete with other forms of entertainment.
The speakers also shared personal experiences with technology-integrated education
and the importance of social media in engaging younger generations.
Key Points from This Episode include:
Bridging education and AI for innovative approaches to future learning.
Shifting from education as a sorting function to cultivating individual talents.
Education through innovation offers socioeconomically disadvantaged students life-changing opportunities.
The Innovation Foundation’s age-appropriate research curriculum in Pinellas County offers personalized, innovative education, fostering a mindset change in students, and preparing them for future jobs.
AI personalizes education, recognizing individual strengths in students, aiding teachers, and promoting creativity.
AI integration enhances learning by providing relevant, contextual information and promoting user-friendly, innovative learning experiences.
Integrating AI and social media into education encourages engagement, creativity, and economic relevance.
In the podcast, Dr. Sastry also described Amesite’s customers, who are embracing innovation.
She also explains the difference in approach between Amesite and aggregators like Coursera,
EdX and Udacity,
saying “individual institutions need to have a brand identity and be able to leverage this technology
so they can serve their users and learners.”
About For Your Innovation Podcast
The For Your Innovation Podcast offers an intellectual discussion on technologically enabled disruption because investing innovation starts with understanding it. To learn more, visit arkinvest.com.
ARK Invest is a registered investment advisor focused on investing in disruptive innovation. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. It does not constitute, either explicitly or implicitly, any provision of services or products by ARK. All statements made regarding companies or securities are strictly beliefs and points of view held by ARK or podcast guests and are not endorsements or recommendations by ARK to buy, sell, or hold any security. Clients of ARK Investment Management may maintain positions in the securities discussed in this podcast.
About Amesite Inc.
Amesite delivers its scalable, customizable, white-labeled online learning platform to universities, businesses, museums, and government agencies, enabling them to deliver outstanding digital learning. Amesite provides a single system that combines eCommerce, instruction, engagement, analytics, and administration using best-in-class infrastructure to serve multi-billion-dollar online learning markets. For more information, visit www.amesite.io.
Forward Looking Statements
This communication contains forward-looking statements (including within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended) concerning the Company, the Company's planned online machine learning platform, the Company's business plans, any future commercialization of the Company's online learning solutions, potential customers, business objectives and other matters. Forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as "may," "will," "should," "would," "expect," "plan," "believe," "intend," "look forward," and other similar expressions among others. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties and are not guarantees of future performance. Actual results could differ materially from those contained in any forward-looking statement. Risks facing the Company and its planned platform are set forth in the Company's filings with the SEC. Except as required by applicable law, the Company undertakes no obligation to revise or update any forward-looking statement, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.
Investor Relations Contact:
Christine Petraglia
TraDigital IR
(917) 633-8980
christine@tradigitalir.com
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