Ambiq Micro, Inc. has commenced an underwritten public offering of 1,800,000 shares of its common stock. The company expects to grant the underwriters a 30-day option to purchase up to an additional 270,000 shares of common stock at the public offering price, less underwriting discounts and commissions. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

A registration statement on Form S-1, including a prospectus, relating to the proposed offering of securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. The proposed offering will be made only by means of a prospectus.

BofA Securities and UBS Investment Bank are acting as joint lead book-running managers for the proposed offering. Needham & Company, Stifel, and Roth Capital Partners are acting as joint book-running managers for the proposed offering.

Offering Details

Ambiq’s mission is to enable intelligence everywhere by delivering the lowest power semiconductor solutions. The company enables its customers to deliver AI compute at the edge where power consumption challenges are the most severe. Ambiq’s technology innovations, built on the patented and proprietary subthreshold power optimized technology (SPOT), fundamentally deliver a multi-fold improvement in power consumption over traditional semiconductor designs. Ambiq has powered over 300 million devices to date.