Aether Holdings Completes IPO, Raises $7.74 Million

Aether Holdings, Inc. has announced the successful closing of its initial public offering, raising $7.74 million, as stated in a press release. The company sold 1,800,000 shares of common stock at $4.30 per share, with the shares beginning to trade on the Nasdaq Capital Market under the symbol 'ATHR' on April 10, 2025.

The net proceeds from the offering, approximately $6.52 million, will be used to further develop Aether's products, hire additional staff, and cover general corporate expenses. The Benchmark Company, LLC and Axiom Capital Management, Inc. served as joint book-running managers for the offering.

Aether Holdings is a financial technology company that provides software, data, and AI technology to investors. Its flagship platform, SentimenTrader.com, offers advanced sentiment analysis using machine learning and AI capabilities to assist both retail and institutional investors.