Smith Micro Software Files S-1 for Public Offering

TL;DR

Smith Micro Software just filed an S-1, looks like they're raising cash. Keep an eye on this one.

AI Summary

Smith Micro Software, Inc. filed an S-1 registration statement on August 7, 2024, indicating a public offering of securities. The company, incorporated in Delaware with principal executive offices in Pittsburgh, PA, is seeking to raise capital through this filing. The S-1 details the terms of the offering and provides information about the company's business and financial condition.

Why It Matters

This S-1 filing signals Smith Micro Software's intent to raise funds from the public markets, which could impact its future growth, operations, and stock valuation.

Risk Assessment

Risk Level: medium — S-1 filings indicate a company is seeking public investment, which inherently carries market and execution risks for investors.

Key Players & Entities

• SMITH MICRO SOFTWARE, INC. (company) — Registrant
• 0000948708 (company) — Central Index Key
• 7372 (company) — Standard Industrial Classification Code
• 330029027 (company) — IRS Employer Identification Number
• 5800 Corporate Drive Pittsburgh, PA 15237 (company) — Principal Executive Offices Address
• 4128375300 (company) — Business Phone Number
• William W. Smith, Jr. (person) — Chief Executive Officer
• 120 Vantis Drive, Suite 350 Aliso Viejo, CA 92656 (company) — CEO's Address
• 9493625800 (company) — CEO's Phone Number
• August 7, 2024 (date) — Filing Date

FAQ

Key Financial Figures

• $0.001 — o shares of our common stock, par value $0.001 per share (the "Common Stock") together
• $1.735 — aq Capital Market on August 6, 2024 was $1.735 per share. All share, Common Warrant an

Filing Documents

• smithmicrosoftwares-1.htm (S-1) — 357KB
• exhibit107-sx1aug24.htm (EX-FILING FEES) — 35KB
• exhibit231-sx1aug24.htm (EX-23.1) — 2KB
• backcover1a.jpg (GRAPHIC) — 8KB
• smithmicrologo1a.jpg (GRAPHIC) — 6KB
• 0001628280-24-035716.txt ( ) — 415KB

USE OF PROCEEDS

USE OF PROCEEDS 16 DIVIDEND POLICY 17

DESCRIPTION OF SECURITIES WE ARE OFFERING

DESCRIPTION OF SECURITIES WE ARE OFFERING 18 PLAN OF DISTRIBUTION 22 LEGAL MATTERS 25 EXPERTS 25 WHERE YOU CAN FIND MORE INFORMATION 25 INCORPORATION OF CERTAIN INFORMATION BY REFERENCE 25 i ABOUT THIS PROSPECTUS This prospectus is part of a registration statement that we have filed with the SEC. 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 a result of new information, future events or any other reason. This prospectus contains summaries of certain provisions contained in some of the documents described herein, but reference is made to the actual documents for complete information. All of the summaries are qualified in their entirety by the actual documents. Copies of some of the documents referred to herein have been filed, will be filed, or will be incorporated by reference as exhibits to the registration statement of which this prospectus is a part, and you may obtain copies of those documents as described below under " Where You Can Find More Information ." This prospectus does not constitute an offer to sell or the solicitation of an offer to buy any of our securities other than the securities covered hereby, nor does this prospectus constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction to any person to whom it is unlawful to make such offer or solicitation in such jurisdiction. Persons who come into possession of this prospectus in

View Full Filing

View this S-1 filing on SEC EDGAR