FatPipe (FATN) Registration Filing summary

Management team and governance

• Board of Directors is composed in compliance with SEC, Sarbanes-Oxley, and exchange listing rules, with a majority qualifying as independent and at least one audit committee financial expert.

• CEO and Chairman is Ragula Bhaskar, Ph.D.; Sanchaita Datta serves as Co-Founder, President, CTO, and Principal Financial Officer.

• Officers and directors have completed required questionnaires, and lock-up agreements are in place for key insiders.

Offering details and pricing

• Firm commitment IPO with D. Boral Capital LLC as representative underwriter; shares of common stock to be issued and sold.

• Over-allotment option allows underwriters to purchase up to 15% additional shares within 45 days of effectiveness.

• Shares to be listed on a national exchange, subject to official notice of issuance.

• Lock-up agreements restrict sales by company, officers, directors, and key shareholders for 180 days post-offering.

Underwriters and syndicate

• D. Boral Capital LLC is the sole underwriter and has a right of first refusal for six months post-offering for future financings.

• Underwriters receive a 6.5% cash fee on certain future financings with investors introduced during the engagement period.