Intellinetics (INLX) Registration Filing summary

Company overview and business model

• Provides document services and software solutions for SMBs and government, focusing on digital transformation and process automation initiatives.

• Operates through Document Management (cloud-based content management, payables automation, K-12 education solutions) and Document Conversion (paper to digital, micrographics, storage) segments.

• Generates revenue primarily from state and local government contracts, with a strong presence in K-12 school districts and a growing SaaS customer base.

• Invests in product innovation, sales and marketing, and holds or competes for leading regional positions in select markets.

• Owns and develops proprietary software, primarily on Microsoft.Net, and licenses products to customers and resellers.

Financial performance and metrics

• As of April 10, 2025, public float was $38,607,122 based on 2,684,779 shares held by non-affiliates at $14.38 per share.

• 4,314,458 shares of common stock outstanding as of April 10, 2025.

• No securities have been offered under this shelf registration in the prior twelve months.

Use of proceeds and capital allocation

• Net proceeds intended for debt repayment (including principal due December 2025), working capital, capital expenditures, software development, new product launches, sales and marketing, office and warehouse leasing, and server assets.

• Allocation and timing of proceeds will depend on funding needs and capital availability.