FatPipe Inc. Files S-1/A for IPO
Ticker: FATN · Form: S-1/A · Filed: Dec 6, 2024 · CIK: 1993400
| Field | Detail |
|---|---|
| Company | Fatpipe INC/Ut (FATN) |
| Form Type | S-1/A |
| Filed Date | Dec 6, 2024 |
| Risk Level | medium |
| Pages | 15 |
| Reading Time | 18 min |
| Key Dollar Amounts | $5.3 billion, $8 billion, $15 billion, $4.5 billion, $17.6 billion |
| Sentiment | neutral |
Sentiment: neutral
Topics: ipo, registration-statement, sec-filing
TL;DR
FatPipe Inc. filed an S-1/A for its IPO. Looks like they're going public.
AI Summary
FatPipe, Inc. has filed an S-1/A amendment on December 6, 2024, for its initial public offering. The company, incorporated in Utah, is seeking to register an unspecified number of shares. Its principal executive offices are located at 392 East Winchester Street, Fifth Floor, Salt Lake City, Utah, with a business phone number of 801-560-2003.
Why It Matters
This S-1/A filing indicates FatPipe Inc. is moving forward with its plan to become a publicly traded company, which could lead to increased liquidity and investment opportunities.
Risk Assessment
Risk Level: medium — As an S-1/A filing, it represents a company in the pre-IPO stage, which inherently carries higher risks than established public companies.
Key Players & Entities
- Fatpipe Inc/UT (company) — Filer of the S-1/A
- 20241206 (date) — Filing date of the S-1/A
- 392 E. WINCHESTER STREET, FIFTH FLOOR (address) — Principal executive office address
- SALT LAKE CITY (location) — City of principal executive offices
- UT (location) — State of incorporation and principal executive offices
- 84107 (zip_code) — Zip code of principal executive offices
- 801-560-2003 (phone_number) — Business phone number
- Ragula Bhaskar (person) — Listed as an individual associated with FatPipe, Inc.
- Sanchaita Datta (person) — Listed as an individual associated with FatPipe, Inc.
- Darrin M. Ocasio, Esq. (person) — Legal counsel for FatPipe, Inc.
FAQ
What is the purpose of this S-1/A filing?
This is an Amendment No. 3 to a FORM S-1 REGISTRATION STATEMENT filed by FatPipe, Inc. under the Securities Act of 1933, indicating updates or revisions to their initial IPO registration.
When was this amendment filed?
This amendment was filed on December 6, 2024.
What is FatPipe, Inc.'s primary business address?
FatPipe, Inc.'s principal executive offices are located at 392 East Winchester Street, Fifth Floor, Salt Lake City, Utah 84107.
What is the Standard Industrial Classification (SIC) code for FatPipe, Inc.?
The SIC code listed for FatPipe, Inc. is 7372, which corresponds to SERVICES-PREPACKAGED SOFTWARE.
Who are the legal representatives mentioned in this filing?
The filing mentions Darrin M. Ocasio, Esq. and Matthew Siracusa, Esq. from Sichenzia Ross Ference Carmel LLP, and Ryan C. Wilkins and Amanda P. McFall from Stradling Yocca Carlson & Rauth LLP as legal counsel.
Filing Stats: 4,407 words · 18 min read · ~15 pages · Grade level 15.4 · Accepted 2024-12-06 17:11:52
Key Financial Figures
- $5.3 billion — area network market is forecasted to be $5.3 billion for 2023, growing to more than $8 billi
- $8 billion — billion for 2023, growing to more than $8 billion by 2026 (https://www.sdxcentral.com/art
- $15 billion — ual growth rate of 36%, reaching almost $15 billion by 2025 (https://www.gartner.com/en/doc
- $4.5 billion — y the Maia Research Report to grow from $4.5 billion in 2022 to over $17.6 billion in 2030.
- $17.6 billion — grow from $4.5 billion in 2022 to over $17.6 billion in 2030. The Maia Research Report also
- $6.4 billion — E software and platforms to expand from $6.4 billion in 2022 to $27.2 billion in 2030, and t
- $27.2 billion — to expand from $6.4 billion in 2022 to $27.2 billion in 2030, and the total market for NMS t
- $2.0 billion — d the total market for NMS to grow from $2.0 billion to $4.4 billion over the same period. E
- $4.4 billion — et for NMS to grow from $2.0 billion to $4.4 billion over the same period. Each of these ind
Filing Documents
- forms-1a.htm (S-1/A) — 1747KB
- ex1-1.htm (EX-1.1) — 253KB
- ex3-1.htm (EX-3.1) — 34KB
- ex3-2.htm (EX-3.2) — 21KB
- ex3-3.htm (EX-3.3) — 29KB
- ex3-4.htm (EX-3.4) — 1KB
- ex3-5.htm (EX-3.5) — 220KB
- ex10-2.htm (EX-10.2) — 140KB
- ex10-3.htm (EX-10.3) — 1256KB
- ex10-4.htm (EX-10.4) — 449KB
- ex10-5.htm (EX-10.5) — 35KB
- ex10-6.htm (EX-10.6) — 238KB
- ex10-7.htm (EX-10.7) — 217KB
- ex21-1.htm (EX-21.1) — 4KB
- ex23-1.htm (EX-23.1) — 5KB
- ex24-1.htm (EX-24.1) — 11KB
- ex99-1.htm (EX-99.1) — 4KB
- ex99-2.htm (EX-99.2) — 4KB
- ex99-3.htm (EX-99.3) — 4KB
- ex99-4.htm (EX-99.4) — 35KB
- ex99-5.htm (EX-99.5) — 23KB
- ex99-6.htm (EX-99.6) — 19KB
- ex99-7.htm (EX-99.7) — 65KB
- ex99-8.htm (EX-99.8) — 20KB
- ex107.htm (EX-FILING FEES) — 56KB
- logo_001.jpg (GRAPHIC) — 5KB
- forms-1_001.jpg (GRAPHIC) — 650KB
- forms-1_002.jpg (GRAPHIC) — 91KB
- forms-1_003.jpg (GRAPHIC) — 727KB
- ex3-1_001.jpg (GRAPHIC) — 2KB
- ex3-1_002.jpg (GRAPHIC) — 9KB
- ex3-3_001.jpg (GRAPHIC) — 47KB
- ex3-3_002.jpg (GRAPHIC) — 20KB
- ex3-3_003.jpg (GRAPHIC) — 4KB
- ex3-3_004.jpg (GRAPHIC) — 4KB
- ex3-4_001.jpg (GRAPHIC) — 177KB
- ex10-3_01.jpg (GRAPHIC) — 14KB
- ex10-3_02.jpg (GRAPHIC) — 15KB
- ex10-3_001.jpg (GRAPHIC) — 3KB
- ex10-3_004.jpg (GRAPHIC) — 204KB
- ex10-3_010.jpg (GRAPHIC) — 12KB
- ex10-3_011.jpg (GRAPHIC) — 2KB
- ex10-3_003.jpg (GRAPHIC) — 173KB
- ex10-6_001.jpg (GRAPHIC) — 39KB
- ex10-6_002.jpg (GRAPHIC) — 11KB
- ex10-6_003.jpg (GRAPHIC) — 13KB
- ex10-6_004.jpg (GRAPHIC) — 168KB
- ex10-7_001.jpg (GRAPHIC) — 4KB
- ex10-7_002.jpg (GRAPHIC) — 6KB
- ex10-7_003.jpg (GRAPHIC) — 10KB
- ex10-7_004.jpg (GRAPHIC) — 12KB
- ex10-7_005.jpg (GRAPHIC) — 7KB
- ex10-7_006.jpg (GRAPHIC) — 7KB
- ex10-7_007.jpg (GRAPHIC) — 10KB
- ex10-7_008.jpg (GRAPHIC) — 53KB
- ex23-1_001.jpg (GRAPHIC) — 31KB
- ex23-1_002.jpg (GRAPHIC) — 13KB
- 0001493152-24-049128.txt ( ) — 8398KB
DILUTION
DILUTION 30 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 31
BUSINESS
BUSINESS 41 MANAGEMENT 48 EXECUTIVE COMPENSATION 51 PRINCIPAL STOCKHOLDERS 53 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS 54
UNDERWRITING
UNDERWRITING 55 DESCRIPTION OF SECURITIES 63 LEGAL MATTERS 65 EXPERTS 65 WHERE YOU CAN FIND MORE INFORMATION 65 INDEX TO CONSOLIDATED FINANCIAL STATEMENTS F-1 You should rely only on the information contained in this prospectus. We have not authorized anyone to provide you with different information. If anyone provides you with different or inconsistent information, you should not rely on it. The information contained in this prospectus is accurate only as of the date of this prospectus. Our business, financial condition, results of operations and prospects may have changed since such date. Other than as required under the federal securities laws, we undertake no obligation to publicly update or revise such information, whether as a result of new information, future events or any other reason. The distribution of this prospectus and the offering of our securities in certain jurisdictions may be restricted by law. This prospectus does not constitute, and may not be used in connection with, an offer or solicitation by anyone in any jurisdiction in which such offer or solicitation is not authorized or in which the person making such offer or solicitation is not qualified to do so to any person to whom it is unlawful to make such offer or solicitation. See the section titled “Underwriting” beginning on page 55 of this prospectus. In this prospectus, references to “FatPipe,” “the Company,” “we,” “us,” and “our” refer to FatPipe, Inc. and its subsidiaries. Unless otherwise specified, all dollar amounts are expressed in United i INDUSTRY AND MARKET DATA This prospectus contains statistical data, estimates, and forecasts that are based on various sources, including independent industry publications and other publicly available information, as well as other information based on our internal sources. This information involves a number of assumptions and limitation