Amesite Inc. (NASDAQ: AMST) Announces 1-for-12 Reverse Stock Split Effective Pre-Market Opening on February 22, 2023

DETROIT, Feb. 21, 2023 (GLOBE NEWSWIRE) — Amesite Inc. (NASDAQ:AMST), a leading artificial intelligence software company offering a cloud-based learning platform that delivers 99% learner retention for business and education markets, announced today that it will effect a 1-for-12 reverse split of its common stock effective as of the open of business on February 22, 2023. Commencing with the opening of trading on the Nasdaq Capital Market on February 22, 2023, the Company’s common stock will trade on a post-split basis under the same symbol AMST. The reverse stock split was approved by the Company’s stockholders at the special meeting held on February 15, 2023, with the final ratio determined by the Company’s board of directors.

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