FatPipe Inc. Files S-1 for Public Offering

TL;DR

FatPipe Inc. just filed an S-1, looks like they're going public soon.

AI Summary

FatPipe, Inc., a Utah-based company specializing in prepackaged software, has filed an S-1 registration statement with the SEC on July 19, 2024. The filing, with SEC file number 333-280925, indicates the company is preparing to offer securities to the public. FatPipe's principal executive offices are located at 392 East Winchester Street, Fifth Floor, Salt Lake City, Utah.

Why It Matters

This S-1 filing signals FatPipe Inc.'s intention to become a publicly traded company, which could lead to increased capital for expansion and potentially impact its market position and investor base.

Risk Assessment

Risk Level: medium — As an S-1 filing, it represents a company in the process of going public, which inherently carries risks associated with market reception, valuation, and operational scaling.

Key Numbers

• 333-280925 — SEC File Number (Identifies this specific registration statement.)
• 0001993400 — Central Index Key (Unique identifier for FatPipe Inc. in SEC filings.)
• 27-1113325 — IRS Employer Identification Number (Tax identification number for FatPipe Inc.)

Key Players & Entities

• Fatpipe Inc/UT (company) — Filer
• 0001493152-24-028560 (other) — Accession Number
• 20240719 (date) — Filing Date
• 333-280925 (other) — SEC File Number
• 7372 (other) — Standard Industrial Classification Code
• 271113325 (other) — IRS Number
• 392 E. WINCHESTER STREET, FIFTH FLOOR (address) — Business Address
• SALT LAKE CITY (location) — Business City
• UT (location) — Business State
• 84107 (other) — Business Zip Code

FAQ

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-1.htm (S-1) — 1435KB
• 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) — 1257KB
• ex10-4.htm (EX-10.4) — 450KB
• ex10-5.htm (EX-10.5) — 35KB
• ex10-6.htm (EX-10.6) — 239KB
• ex10-7.htm (EX-10.7) — 217KB
• ex10-8.htm (EX-10.8) — 6KB
• ex10-9.htm (EX-10.9) — 6KB
• ex21-1.htm (EX-21.1) — 4KB
• ex23-1.htm (EX-23.1) — 4KB
• 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
• 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
• logo_001.jpg (GRAPHIC) — 5KB
• forms-1_001.jpg (GRAPHIC) — 107KB
• forms-1_002.jpg (GRAPHIC) — 71KB
• forms-1_003.jpg (GRAPHIC) — 63KB
• ex23-1_001.jpg (GRAPHIC) — 31KB
• 0001493152-24-028560.txt ( ) — 6138KB

DILUTION

DILUTION 30 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 31

BUSINESS

BUSINESS 38 MANAGEMENT 45 EXECUTIVE COMPENSATION 48 PRINCIPAL STOCKHOLDERS 50 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS 51

UNDERWRITING

UNDERWRITING 52 DESCRIPTION OF SECURITIES 60 LEGAL MATTERS 62 EXPERTS 62 WHERE YOU CAN FIND MORE INFORMATION 62 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 52 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

View Full Filing

View this S-1 filing on SEC EDGAR