FatPipe, Inc. develops secure software-defined wide area networking and cybersecurity solutions for enterprises, service providers, government organizations, and education customers. Company news commonly covers its Secure SD-WAN platform, hybrid WAN and multipath networking technology, network security, centralized management, channel partnerships, public-sector procurement access, and programs for customers replacing legacy SD-WAN deployments.
Updates also address earnings releases, preliminary operating results, investor communications, and third-party research coverage as FatPipe expands sales through distributors, resellers, and contract vehicles. Its recurring disclosures emphasize enterprise networking performance, failover, secure connectivity, and integrated cybersecurity capabilities.
FatPipe (NASDAQ: FATN) has announced the pricing of its Initial Public Offering, offering 695,656 shares of common stock at $5.75 per share. The company expects to raise $4 million in gross proceeds before deducting underwriting costs and related expenses.
Trading is set to commence on April 8, 2025, on the Nasdaq Capital Market under the symbol 'FATN'. The company has granted underwriters a 45-day over-allotment option to purchase up to additional 104,348 shares at the public offering price. The IPO closing is expected around April 9, 2025.
FatPipe specializes in enterprise-class, application-aware, secure SD-WAN solutions for organizations including enterprises, service providers, and government entities. D. Boral Capital serves as the Sole Book-Running Manager for this offering.