Ambiq Announces Launch of Initial Public Offering
1. Ambiq announces its IPO of 3.4 million shares priced at $22-$25 each. 2. Underwriters may purchase up to 510,000 additional shares if needed. 3. Ambiq plans to list on the NYSE under the ticker symbol 'AMBQ'. 4. The company focuses on ultra-low-power semiconductors for edge AI applications. 5. Ambiq has powered over 270 million devices, showcasing market demand.