Arteris, Inc (AIP) IPO Opens 18% Higher

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Go back to Arteris, Inc (AIP) IPO Opens 18% Higher

Arteris, Inc (AIP) Prices 5M Share IPO at $14/sh

October 27, 2021 5:37 AM EDT

Arteris IP (NASDAQ: AIP) a leading provider of system-on-chip (SoC) system intellectual property (IP) consisting of network-on-chip (NoC) interconnect IP and IP deployment software, today announced the pricing of its initial public offering of 5,000,000 shares of its common stock at a price to the public of $14.00 per share. The gross proceeds to Arteris IP from the offering, before deducting the underwriting discounts and commissions and offering expenses, are expected to be $70.0 million. All of the shares are being offered by Arteris IP. In addition, Arteris IP has... More