Smith Micro Software Files S-1 for Public Offering

TL;DR

SMCI filed an S-1, looks like they're prepping for a public offering. Keep an eye on this.

AI Summary

Smith Micro Software, Inc. filed an S-1 registration statement on October 28, 2024, indicating plans to offer securities. The company, incorporated in Delaware with its principal executive offices in Pittsburgh, PA, is in the prepackaged software industry. This filing is a standard procedural step for companies intending to raise capital through public offerings.

Why It Matters

This S-1 filing signals Smith Micro Software's intention to potentially raise capital through the public markets, which could impact its future growth and operations.

Risk Assessment

Risk Level: medium — S-1 filings indicate a company is preparing for a public offering, which carries inherent market and execution risks.

Key Numbers

• 333-282858 — SEC File Number (Identifies this specific registration statement)
• 241401584 — Film Number (Internal SEC processing number)

Key Players & Entities

• SMITH MICRO SOFTWARE, INC. (company) — Registrant
• October 28, 2024 (date) — Filing Date
• Delaware (jurisdiction) — State of Incorporation
• 7372 (industry_code) — Standard Industrial Classification
• 33-0029027 (tax_id) — IRS Employer Identification Number
• 5800 Corporate Drive Pittsburgh, PA 15237 (address) — Principal Executive Offices
• William W. Smith, Jr. (person) — Chief Executive Officer
• 120 Vantis Drive, Suite 350 Aliso Viejo, CA 92656 (address) — CEO's Address

FAQ

Key Financial Figures

• $0.001 — 5 shares of our common stock, par value $0.001 per share ("Common Stock") (i) issued p
• $6.16 million — receive proceeds of up to approximately $6.16 million if all of the Warrants held by the Sell
• $0.81 — Stock on the Nasdaq Capital Market was $0.81. INVESTING IN OUR COMMON STOCK INVOLVE
• $2.15 — 's Common Stock at an offering price of $2.15 per share of Common Stock and pre-funde
• $2.149 — d Warrants were purchased at a price of $2.149 per underlying share and had an exercis

Filing Documents

• smithmicro-sx1.htm (S-1) — 364KB
• exhibit107-sx1october.htm (EX-FILING FEES) — 30KB
• exhibit51-sx1october.htm (EX-5.1) — 20KB
• exhibit231-sx1october.htm (EX-23.1) — 2KB
• buchanana.jpg (GRAPHIC) — 18KB
• smithmicrosoftwarea.jpg (GRAPHIC) — 15KB
• 0001628280-24-043958.txt ( ) — 465KB

RISK FACTORS

RISK FACTORS 11 DIVIDEND POLICY 12

USE OF PROCEEDS

USE OF PROCEEDS 12 DETERMINATION OF OFFERING PRICE 12 THE SELLING STOCKHOLDERS 12 PLAN OF DISTRIBUTION 17

DESCRIPTION OF SECURITIES TO BE REGISTERED

DESCRIPTION OF SECURITIES TO BE REGISTERED 19 LEGAL MATTERS 20 EXPERTS 21 WHERE YOU CAN FIND MORE INFORMATION 21 INCORPORATION OF CERTAIN INFORMATION BY REFERENCE 22 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