Corporate ActionMay 18, 2026, 04:23 PM
Fatpipe Inc. Completes IPO, Sells 695,656 Shares at $5.75 Each
AI Summary
Fatpipe Inc. completed its Initial Public Offering (IPO) on April 9, 2025, selling an aggregate of 695,656 shares of common stock at an initial public offering price of $5.75 per share. The company specializes in enterprise-class SD-WAN and integrated single-stack cybersecurity solutions, holding 13 U.S. patents and 7 U.S. trademarks. Fatpipe serves over 2,500 customers globally, with significant revenue concentration from a few channel partners, and is planning expansion in North America, Southeast Asia, and Mexico.
Key Highlights
- Completed Initial Public Offering (IPO) on April 9, 2025.
- Sold 695,656 shares of common stock at $5.75 per share in the IPO.
- Holds 13 U.S. patents and 7 U.S. trademarks.
- Serves over 2,500 end-user customers across diverse sectors.
- Three channel partners accounted for 39.31% of total revenue in fiscal year 2026.
- Two channel partners accounted for 49.54% of total revenue in fiscal year 2025.
Price Impact
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