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    ATER   US02156U1016

ATERIAN, INC.

(ATER)
  Report
Delayed Nasdaq  -  04:00 2022-12-09 pm EST
1.010 USD   -2.88%
12/02North American Morning Briefing: Stock Futures Struggle With Jobs Report in Sight
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12/01Aterian Lifts Lower End of Q4 Revenue Guidance -- Shares Rise After Hours
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12/01Aterian Announces Strong Cyber Monday Sales
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Aterian to Seek Acquisitions

09/30/2022 | 08:57am EST

Aterian, Inc. (NasdaqCM:ATER) will seek acquisitions. The Company announced the pricing of a registered direct offering of 10,526,368 shares of its common stock and accompanying warrants to purchase 10,526,368 shares of its common stock. Each share of common stock and accompanying warrant will be sold at a combined offering price of $1.90.

The pre-funded warrants will have an exercise price of $0.0001 per share of common stock. The accompanying warrants are exercisable six months from closing for a period of 5 years at an exercise price of $2.00 per share. The offering is being led by existing shareholder Armistice Capital Master Fund.

In addition, the Company's Co-Founder and CEO Yaniv Sarig; CFO, Arturo Rodriguez; CLO and Global Head of M&A, Joe Risico; and CTO Roi Zahut are purchasing an aggregate of 116,666 shares of the Company's common stock and accompanying warrants to purchase 116,666 shares of its common stock. Each share of common stock and accompanying warrant purchased by insiders will be sold at a combined offering price of $2.10. The gross proceeds to the Company from this offering are expected to be approximately $20.2M before deducting offering expenses payable by the Company.

Aterian intends to use the net proceeds from the offering for working capital purposes, the conduct of its business and other general corporate purposes, which may include acquisitions, investments in or licenses of complementary products, technologies or businesses. The offering is expected to close on or about October 4, 2022, subject to the satisfaction of customary closing conditions. Craig-Hallum Capital Group LLC is acting as exclusive placement agent for the registered direct offering.


ę S&P Capital IQ 2022
All news about ATERIAN, INC.
12/02North American Morning Briefing: Stock Futures Struggle ..
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12/01Aterian, Inc. Revises Revenue Guidance for the Fourth Quarter 2022
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11/08Aterian : Q3 Earnings Snapshot
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Analyst Recommendations on ATERIAN, INC.
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Financials (USD)
Sales 2022 215 M - -
Net income 2022 -172 M - -
Net Debt 2022 77,3 M - -
P/E ratio 2022 -0,38x
Yield 2022 -
Capitalization 77,0 M 77,0 M -
EV / Sales 2022 0,72x
EV / Sales 2023 0,71x
Nbr of Employees 158
Free-Float 90,7%
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Technical analysis trends ATERIAN, INC.
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 5
Last Close Price 1,01 $
Average target price 2,80 $
Spread / Average Target 177%
EPS Revisions
Managers and Directors
Yaniv Zion Sarig Chairman, President & Chief Executive Officer
Arturo Rodriguez Chief Financial Officer
Roi Zahut Chief Technology Officer
Anton von Rueden Chief Operating Officer
William H. Kurtz Lead Independent Director
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