Ambiq Announces Closing of its Upsized Initial Public Offering and Full Exercise of Underwriters' Option to Purchase Additional Shares
1. Ambiq Micro closed an upsized IPO of 4.6 million shares. 2. IPO raised $110.4 million at $24.00 per share. 3. Shares began trading on NYSE under the ticker symbol 'AMBQ'. 4. Ambiq specializes in ultra-low-power semiconductors for edge AI. 5. Technology delivers significant power savings over traditional designs.