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Stock impact report

Ambiq Announces Pricing of Upsized Public Offering

Ambiq Micro, Inc. (AMBQ) 
Company Research Source: Business Wire
AUSTIN, Texas--(BUSINESS WIRE)--Ambiq Micro, Inc. (“Ambiq”) (NYSE: AMBQ), a technology leader in ultra-low-power semiconductor solutions for edge AI, today announced the pricing of its upsized underwritten public offering of 2,679,600 shares of its common stock at a public offering price of $31.00 per share. 2,636,651 shares of common stock are being offered by Ambiq, and 42,949 shares of common stock are being offered by certain of Ambiq’s stockholders. The gross proceeds to Ambiq from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Ambiq, are expected to be $81.7 million. In addition, Ambiq has granted the underwriters a 30-day option to purchase up to an additional 401,940 shares of common stock, at the public offering price, less underwriting discounts and commissions. Ambiq will not receive any proceeds from the sale of shares of its common stock by the selling stockholders. The offering is expected to close on Janu Show less Read more
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