AmbIQ POPS on the first time

Ambiq Micro, the 15 -year -old manufacturer, closed its energy -saving potatoes for the medical devices that can be worn, on the first day of trading on Wednesday at $ 38.53 per share, an increase of 61 % over the public subscription price of $ 24 a day.

The success of the public subscription indicates the strong demand for investors in the public market of new small companies to benefit from the innovation of artificial intelligence.

AmbIq closed its first day as a public company worth $ 656 million (except for employee options). This represents a significant increase from the last special financing assessment of $ 450 million in 2023, according to Cook.

Ambiq has put itself in a good position to take advantage of the growth -led growth growth. “Since we are low energy, we can put more intelligence and more artificial intelligence on the processors.”

During the three months that ended on March 31, ABIQ recorded a net loss of $ 8.3 million for revenues of $ 15.7 million, the company S1 file offers. The results of the first quarter set a slight improvement from the first quarter of 2024, when the company told a loss of $ 9.8 million at $ 15.2 million of revenue.

Klnner Berkins and Edb Investments, an entity supported by Singapore, is the largest supporter outside AmbIQ, according to the file.

Wayne Hesse, who was a general partner at Kleiner Perkins until 2023, supported AmbIQ for the first time when the company C series raised in 2014. HSIEH also invested in AmbIQ after he launched his project company, Partners Article ProjectTwo years ago.