D. Boral Capital Guides FatPipe, Inc. in $4 Million IPO

FatPipe, Inc., specializing in secure SD-WAN solutions, completed its IPO, offering 695,656 shares at $5.75 each, trading under "FATN" on Nasdaq. The IPO, managed by D. Boral Capital LLC as the sole bookrunner, raised $4 million before expenses and discounts. An over-allotment option allows underwriters to purchase an additional 104,348 shares. Closing of the offering occurred on April 9, 2025.

Legal counsel for the offering included Sichenzia Ross Ference Carmel LLP and Lucosky Brookman LLP. The SEC approved FatPipe's registration statement on February 12, 2025, followed by a post-effective amendment approval on March 17, 2025.

The offering was conducted in accordance with U.S. securities laws. FatPipe, headquartered in New York City, provides robust network solutions globally. The company's IPO represents a significant milestone in its corporate strategy.