Arteris completes IPO of 5.75M shares at $14.00; gross proceeds $80.5M

Arteris, Inc.

Completed IPO of 5,750,000 shares at $14.00 per share, including full exercise of underwriters' option.
Gross proceeds of $80.5 million before underwriting discounts and offering expenses.
Amended charter and bylaws effective upon IPO closing: classified board, exclusive forum provisions, elimination of stockholder right to call special meetings or act by written consent.
Authorized capital: 300M shares common stock, 10M shares undesignated preferred stock; supermajority vote required for certain amendments.

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