Arteris (AIP) Registration Filing summary

Company overview and business model

• Leading provider of semiconductor system IP, focusing on interconnect and related intellectual property for SoC semiconductors and chiplet systems.

• Solutions address growing SoC complexity, enabling faster, more efficient, and lower-cost chip design for customers.

• Technology supports integration of processors, memory, AI/ML accelerators, and other subsystems, with partnerships for die-to-die interfaces.

• Market opportunity driven by AI, generative AI, and increasing electronic system design complexity.

Financial performance and metrics

• As of September 30, 2025, 43,584,272 shares of common stock outstanding, with 6,579,041 shares issuable upon exercise of options and RSUs.

• Net tangible book value as of September 30, 2025, was $(18.0) million, or $(0.41) per share.

• After a $75 million offering at $19.61 per share, adjusted net tangible book value would be $54.3 million, or $1.15 per share.

Use of proceeds and capital allocation

• Net proceeds from the offering will be used for general corporate purposes, including acquisitions and strategic transactions.

• Recent acquisition of Cycuity, Inc., a semiconductor cybersecurity assurance provider, highlighted as a use of proceeds.

• Management has broad discretion over the use of proceeds.