We advised the underwriters on the offering

Davis Polk advised the representatives of the several underwriters in connection with the $83.1 million SEC-registered follow-on offering of 2,679,600 shares of common stock of Ambiq Micro, Inc., which included 2,636,651 shares sold by the company and 42,949 shares sold by the selling stockholders. The common stock is listed on the New York Stock Exchange under the symbol “AMBQ.”

Ambiq’s mission is to enable intelligence (artificial intelligence (AI) and beyond) everywhere by delivering the lowest power semiconductor solutions. Ambiq is a pioneer and leading provider of ultra-low power semiconductor solutions designed to address the significant power consumption challenges of general purpose and AI compute – especially at the edge.

The Davis Polk corporate team included partner Alan F. Denenberg and associates Karen Yang, Jared Madnick and Larry Lo. Partner Paul D. Marquardt provided regulatory advice. Partner Frank Azzopardi provided intellectual property advice. The tax team included counsel Yixuan Long. Partner Jennifer S. Conway provided executive compensation advice. Counsel Marcie A. Goldstein provided FINRA advice. Members of the Davis Polk team are based in the Northern California, Washington DC and New York offices.