FatPipe completes IPO of 695,656 shares at $5.75, raising $4M; listed on Nasdaq

Fatpipe Inc/UT

Priced 695,656 shares of common stock at $5.75 per share; gross proceeds of $4 million.
Shares began trading on Nasdaq Capital Market on April 8, 2025 under ticker 'FATN'.
Underwriters granted 45-day over-allotment option for up to 104,348 additional shares.
D. Boral Capital LLC acted as sole book-running manager for the offering.
Closing occurred on April 9, 2025 after SEC effectiveness on March 17, 2025.

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