FatPipe Networks has filed a prospectus with the U.S. Securities and Exchange Commission (SEC) for a mixed shelf offering worth up to $20M. The registration statement on Form S-3 enables the company to offer and sell debt securities, common stock, preferred stock, and other instruments. This financial mechanism provides FatPipe Networks with the flexibility to raise capital efficiently as market conditions evolve.

Offering Details

The mixed shelf offering permits the issuer to sell different types of securities in one or more offerings. The total aggregate amount of securities offered will not exceed $20M. This approach allows the company to time its capital raises strategically without needing to file separate registration statements for each tranche.

Securities Registration

The prospectus filed with the SEC outlines the general terms under which the securities may be offered. Specific details regarding the number of shares, interest rates, or maturity dates for any particular offering will be provided in prospectus supplements at the time of sale. The filing is available on the SEC's EDGAR database.

FatPipe Networks intends to use the net proceeds from the sale of securities for general corporate purposes, which may include working capital, capital expenditures, and potential acquisitions. The actual use of funds will depend on the specific securities issued and the company's needs at the time of each offering.

FatPipe, Inc. (NASDAQ: FATN) will continue as a member of the Russell Microcap Index following the June 2026 reconstitution, effective when the U.S. market opens on June 29. The company reported 90% year-over-year quarterly revenue growth and 18% full-year revenue growth in fiscal 2026, driven by the expansion of its channel through strategic partnerships such as TD SYNNEX. This continued membership reflects the momentum the company is building as it scales its platform for SD-WAN, SASE, and cybersecurity solutions.

The June reconstitution of the Russell U.S. indexes captures up to the 4,000 largest U.S. stocks as of April 30, ranking them by total market capitalization. Membership in the Russell Microcap Index, which remains in place for half a year beginning 2026, means automatic inclusion in the appropriate growth and value style indexes. FTSE Russell determines membership primarily by objective, market-capitalization rankings and style attributes.

FatPipe was first added to the Russell Microcap Index and the Russell 3000E Index in June 2025. Dr. Ragula Bhaskar, CEO of FatPipe, Inc., stated that the company is proud to continue its inclusion for the second consecutive year. He highlighted the significant growth delivered since the initial addition, including the expansion of the company's channel through strategic partnerships.

Financial Performance

The company's recent financial metrics underscore its growth trajectory in the enterprise-class software-defined wide area networking and cybersecurity sectors.

Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to data as of the end of June 2025, about $12.2 trillion in assets are benchmarked against the Russell U.S. indexes, which belong to FTSE Russell, the global index provider.