shares of arteris inc are due to begin trading wednesday after the companys initial public offering was priced at the low end of expectations the campbell calif provider of systemonchip system intellectual property is selling 5 million shares at 14 each compared with an expected price range of 14 to 16 arteris said it expects gross proceeds of 70 million adding that it granted the underwriters a 30day option to buy up to 750000 additional shares arteris shares are slated to begin trading on the nasdaq global market under the symbol aip