AMERI Holdings, an outsourced provider of IT services to SAP customers, filed on Monday with the SEC to raise up to $10 million in an initial public offering. The company is currently listed on the OTCQB under the symbol AMRH. With an initial public offering price displayed in its prospectus, we will count the deal toward our IPO stats.
The Princeton, NJ-based company was founded in 2013 and booked $47 million in sales for the 12 months ended June 30, 2017. It plans to list on the Nasdaq under the symbol AMRH. Ladenburg Thalmann is the sole bookrunner on the deal. No pricing terms were disclosed.
