Aether Holdings, which provides an online platform for investment data analytics and research, raised $8 million by offering 1.8 million shares at $4.30, within the range of $4 to $5.
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.
Aether Holdings plans to list on the Nasdaq under the symbol ATHR. The Benchmark Company and Axiom Capital Management acted as joint bookrunners on the deal.