Amesite Inc. announced the closing of a $5.5 million private placement financing, including approximately $1 million from insiders, and the completion of a reverse merger transaction with Lola One Acquisition Corporation (“Lola One”). Following the reverse merger transaction, the Company changed its name from Lola One to Amesite Inc. Following the completion of the reverse merger transaction, the company’s board of directors is comprised of five members: Ann Marie Sastry, Ph.D., J. Michael Losh, Edward H. Frank, Ph.D., Richard Ogawa and Anthony M. Barkett.