Aether Holdings, which provides an online platform for investment data analytics and research, filed on Monday with the SEC to raise $8 million in an initial public offering.
The New York, NY-based company plans to raise $8 million by offering 1.8 million shares at a price range of $4 to $5. At the midpoint of the proposed range, Aether Holdings would command a market cap of $53 million.
Aether Holdings provides research data, tools, and analytics for retail and institutional equity trades through its online platform SentimenTrader. The company utilizes API calls, web scraping, and other data collection from third parties, and provides an array of proprietary indicators for its users. Aether Holdings also produces research reports for its clients.
The New York, NY-based company was founded in 2023 and plans to list on the Nasdaq under the symbol ATHR. Aether Holdings filed confidentially on June 28, 2024. The Benchmark Company and Axiom Capital Management are the joint bookrunners on the deal.
