OneStream, Inc. Amends IPO Registration Statement

TL;DR

OneStream IPO filing updated. Still prepping for the public market.

AI Summary

OneStream, Inc. filed an S-1/A amendment on July 15, 2024, for its initial public offering. The company, incorporated in Delaware, is a prepackaged software provider based in Rochester, Michigan. This filing is an amendment to a previous registration statement, indicating ongoing preparations for its IPO.

Why It Matters

This amendment to the S-1 filing signals that OneStream, Inc. is continuing its process towards becoming a publicly traded company, which could impact its market position and investor landscape.

Risk Assessment

Risk Level: medium — As an S-1/A filing, it indicates the company is in the process of going public, which inherently carries market and execution risks.

Key Numbers

• 333-280573 — Registration Number (This number identifies the specific registration statement filed with the SEC.)
• 20240715 — Filing Date (The date this amendment to the S-1 registration statement was officially submitted.)

Key Players & Entities

• OneStream, Inc. (company) — Filer of the S-1/A registration statement.
• 333-280573 (dollar_amount) — SEC registration number for the filing.
• 20240715 (dollar_amount) — Date the filing was submitted.
• Thomas Shea (person) — Chief Executive Officer of OneStream, Inc.
• Allison B. Spinner (person) — Legal counsel for OneStream, Inc.
• Michael Nordtvedt (person) — Legal counsel for OneStream, Inc.
• Victor Nilsson (person) — Legal counsel for OneStream, Inc.
• Wilson Sonsini Goodrich & Rosati, Professional Corporation (company) — Legal firm representing OneStream, Inc.

FAQ

Key Financial Figures

• $17.00 — ur Class A common stock will be between $17.00 and $19.00 per share. We have applied
• $19.00 — common stock will be between $17.00 and $19.00 per share. We have applied to list ou
• $245.5 million — 2022 and 2023, our software revenue was $245.5 million and $343.4 million, respectively, repre
• $343.4 m — software revenue was $245.5 million and $343.4 million, respectively, representing year-
• $335.9 million — ar-over-year growth of 40%. Our ARR was $335.9 million and $460.4 million as of December 31, 2
• $460.4 million — of 40%. Our ARR was $335.9 million and $460.4 million as of December 31, 2022 and 2023, respe
• $65.5 million — 2022 to 2023. We incurred net losses of $65.5 million and $28.9 million in 2022 and 2023, res
• $28.9 million — ncurred net losses of $65.5 million and $28.9 million in 2022 and 2023, respectively, represe
• $70.9 million — 2023 and 2024, our software revenue was $70.9 million and $101.9 million, respectively, repre
• $101.9 m — software revenue was $70.9 million and $101.9 million, respectively, representing year-
• $358.4 million — ar-over-year growth of 44%. Our ARR was $358.4 million and $480.0 million as of March 31, 2023
• $480.0 million — of 44%. Our ARR was $358.4 million and $480.0 million as of March 31, 2023 and 2024, respecti
• $23.1 million — same period. We incurred net losses of $23.1 million and $5.0 million in the three months en
• $5.0 million — ncurred net losses of $23.1 million and $5.0 million in the three months ended March 31, 202

Filing Documents

• onestream_s-1a.htm (S-1/A) — 6533KB
• ck0001889956-ex1_1.htm (EX-1.1) — 567KB
• ck0001889956-ex3_1.htm (EX-3.1) — 207KB
• ck0001889956-ex3_2.htm (EX-3.2) — 273KB
• ck0001889956-ex4_2.htm (EX-4.2) — 260KB
• ck0001889956-ex5_1.htm (EX-5.1) — 18KB
• ck0001889956-ex10_1.htm (EX-10.1) — 121KB
• ck0001889956-ex10_2.htm (EX-10.2) — 382KB
• ck0001889956-ex10_3.htm (EX-10.3) — 794KB
• ck0001889956-ex10_4.htm (EX-10.4) — 117KB
• ck0001889956-ex10_6.htm (EX-10.6) — 527KB
• ck0001889956-ex10_7.htm (EX-10.7) — 211KB
• ck0001889956-ex10_9.htm (EX-10.9) — 40KB
• ck0001889956-ex10_15.htm (EX-10.15) — 91KB
• ck0001889956-ex23_1.htm (EX-23.1) — 3KB
• ck0001889956-ex23_2.htm (EX-23.2) — 3KB
• ck0001889956-exfiling_fees.htm (EX-FILING FEES) — 26KB
• img55483748_0.jpg (GRAPHIC) — 123KB
• img55483748_1.jpg (GRAPHIC) — 123KB
• img93160739_0.jpg (GRAPHIC) — 16KB
• img93160739_1.jpg (GRAPHIC) — 77KB
• img93160739_2.jpg (GRAPHIC) — 147KB
• img93160739_3.jpg (GRAPHIC) — 99KB
• img93160739_4.jpg (GRAPHIC) — 76KB
• img93160739_5.jpg (GRAPHIC) — 617KB
• img93160739_6.jpg (GRAPHIC) — 841KB
• img93160739_7.jpg (GRAPHIC) — 617KB
• img93160739_8.jpg (GRAPHIC) — 841KB
• img93160739_9.jpg (GRAPHIC) — 63KB
• img93160739_10.jpg (GRAPHIC) — 1466KB
• img93160739_11.jpg (GRAPHIC) — 58KB
• 0000950170-24-083395.txt ( ) — 16665KB

Risk Factors

Risk Factors 30 Management 157 Special Note Regarding Forward-Looking 76

Executive Compensation

Executive Compensation 167 Certain Relationships and Related Party Transactions 183 Market, Industry and Other Data 78 Organizational Structure 79 Principal and Selling Stockholders 191

Use of Proceeds

Use of Proceeds 86

Description of Capital Stock

Description of Capital Stock 197 Dividend Policy 87 Shares Eligible for Future Sale 208 Capitalization 88 Material U.S. Federal Income Tax

Dilution

Dilution 90 Considerations For Non-U.S. Holders of Unaudited Pro Forma Consolidated Financial Our Class A Common Stock 211 Information 93 Underwriters (Conflicts of Interest) 215 Management’s Discussion and Analysis of Legal Matters 231 Financial Condition and Results of Operations 103 Experts 231 Letter from Thomas Shea, Our Co-Founder and CEO 131 Where You Can Find Additional Information 231 Index to Financial Statements F- 1 Through and including , 2024 (the 25th day after the date of this prospectus), all dealers effecting transactions in these securities, whether or not participating in this offering, may be required to deliver a prospectus. This is in addition to a dealer’s obligation to deliver a prospectus when acting as an underwriter and with respect to an unsold allotment or subscription. Neither we, the selling stockholders nor any of the underwriters have authorized anyone to provide you with information that is different than the information contained in this prospectus and any free writing prospectus prepared by or on behalf of us or to which we have referred you. Neither we, the selling stockholders nor the underwriters take any responsibility for, and cannot provide any assurance as to the reliability of, any other information that others may give you. The information contained in this prospectus or in any applicable free writing prospectus is accurate only as of the date of this prospectus or such free writing prospectus, as applicable, regardless of the time of delivery of this prospectus or any such free writing prospectus or of any sale of the securities offered hereby. Our business, operating results, financial condition and prospects may have changed since that date. This prospectus is an offer to sell only the securities offered hereby and only under circumstances and in jurisdictions where it is lawful to do so. Neither we, the selling stockholders nor any of the underwriters

View Full Filing

View this S-1/A filing on SEC EDGAR