Smith Micro Software Files S-1 for Offering

TL;DR

Smith Micro Software (SMSI) filed an S-1, looks like they're raising capital.

AI Summary

Smith Micro Software, Inc. filed an S-1 registration statement on June 27, 2024, for an unspecified offering. The company, incorporated in Delaware with its principal executive offices in Pittsburgh, PA, is in the prepackaged software industry. William W. Smith, Jr. is the Chief Executive Officer.

Why It Matters

This S-1 filing indicates Smith Micro Software, Inc. is preparing to offer securities to the public, which could impact its capital structure and future growth strategies.

Risk Assessment

Risk Level: medium — As an S-1 filing, it signifies a potential offering of securities, which inherently carries market and execution risks for the company and investors.

Key Numbers

• 7372 — SIC Code (Identifies the company's industry as Services-Prepackaged Software.)
• 33-0029027 — IRS Number (Employer Identification Number for the company.)

Key Players & Entities

• SMITH MICRO SOFTWARE, INC. (company) — Registrant
• William W. Smith, Jr. (person) — Chief Executive Officer
• June 27, 2024 (date) — Filing Date
• 333-280542 (dollar_amount) — Registration Statement Number
• 5800 Corporate Drive Pittsburgh, PA 15237 (company) — Principal Executive Offices Address

FAQ

Key Financial Figures

• $0.001 — 0 shares of our common stock, par value $0.001 per share ("Common Stock") issuable upo
• $4.85 million — receive proceeds of up to approximately $4.85 million if all of the Warrants held by the Sell
• $2.23 — Stock on the Nasdaq Capital Market was $2.23. INVESTING IN OUR COMMON STOCK INVOLVE

Filing Documents

• smithmicroresales-1.htm (S-1) — 307KB
• exhibit107-sx1.htm (EX-FILING FEES) — 21KB
• exhibit51-sx1.htm (EX-5.1) — 18KB
• exhibit231-sx1.htm (EX-23.1) — 2KB
• buchananlogo.jpg (GRAPHIC) — 3KB
• smithmicrologo1a1a.jpg (GRAPHIC) — 22KB
• smithmicrologo1aa.jpg (GRAPHIC) — 15KB
• 0001628280-24-030367.txt ( ) — 405KB

RISK FACTORS

RISK FACTORS 11 DIVIDEND POLICY 12

USE OF PROCEEDS

USE OF PROCEEDS 14 DETERMINATION OF OFFERING PRICE 15 THE SELLING STOCKHOLDERS 16 PLAN OF DISTRIBUTION 18

DESCRIPTION OF SECURITIES TO BE REGISTERED

DESCRIPTION OF SECURITIES TO BE REGISTERED 21 LEGAL MATTERS 22 EXPERTS 22 WHERE YOU CAN FIND MORE INFORMATION 22 INCORPORATION OF CERTAIN INFORMATION BY REFERENCE 23 i ABOUT THIS PROSPECTUS This prospectus provides you with a general description of the Common Stock that may be resold by the Selling Stockholders. In certain circumstances, we may provide a prospectus supplement that will contain specific information about the terms of a particular offering by the Selling Stockholders. We also may provide a prospectus supplement to add information to, or update or change information contained in, this prospectus. To the extent there is a conflict between the information contained in this prospectus and any prospectus supplement, you should rely on the information in the prospectus supplement, provided that if any statement in one of these documents is inconsistent with a statement in another document having a later date—for example, a document incorporated by reference in this prospectus or any prospectus supplement—the statement in the later-dated document modifies or supersedes the earlier statement. This prospectus is part of a registration statement that we have filed with the SEC pursuant to which the Selling Stockholders named herein may, from time to time, offer and sell or otherwise dispose of the Common Stock covered by this prospectus. You should rely only on the information contained in this prospectus or any related prospectus supplement. 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 on 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

View Full Filing

View this S-1 filing on SEC EDGAR