We have eceived sha eholde questio s ega di g FatPipe’s ece tly filed Fo m S-3 egist atio stateme t a d would like to p ovide additio al co text.
The egist atio stateme t gives FatPipe the flexibility to access capital i the futu e if eeded to suppo t pote tial acc etive acquisitio s that compleme t ou busi ess o wo ki g capital eeded to deploy la ge custome o de s. Establishi g this flexibility allows the Compa y to expeditiously act o a y oppo tu ity that adds acc etive value to the Compa y a d its sha eholde s. Ma ageme t believes that is a ve y good thi g; a d it allows us to quickly move o ve y acc etive acquisitio s o la ge custome o de s that would i c ease sha eholde value.
To date, FatPipe has ot issued o sold a y sha es o aised capital u de the at-the-ma ket (“ATM”) p og am, a d ou i te tio will always be to i c ease sha eholde value. A y decisio to utilize the ATM o sha e placeme t would be made afte co side i g the Compa y’s capital eeds, ma ket co ditio s, st ategic a d acc etive oppo tu ities, a d the best i te ests of ou sha eholde s, of which ma ageme t is a sig ifica t holde .
Ou ma ageme t team emai s focused o executi g ou busi ess st ategy, expa di g custome a d pa t e elatio ships, delive i g i ovative etwo ki g a d cybe secu ity solutio s, a d c eati g lo g-te m sha eholde value.
Tha k you fo you co ti ued co fide ce a d suppo t.
Si ce ely,
This p ess elease co tai s fo wa d-looki g stateme ts withi the mea i g of the P ivate Secu ities Litigatio Refo m Act of 1995. These stateme ts a e based o cu e t expectatio s a d i volve isks a d u ce tai ties that could cause actual esults to diffe mate ially f om those desc ibed. Additio al i fo matio ega di g these isks is co tai ed i FatPipe’s fili gs with the U.S. Secu ities a d Excha ge Commissio . Except as equi ed by law, FatPipe u de takes o obligatio to update a y fo wa d-looki g stateme ts.
