SALT LAKE CITY, April 9, 2025 /PRNewswire/ — FatPipe, Inc. (“FatPipe” or the “Company”), a pioneer in enterprise-class, application-aware, secure software-defined wide area network (“SD-WAN”) solutions for organizations, including enterprises, communication service providers, security service providers, government organizations, and middle-market companies, is pleased to announce the closing of its underwritten initial public offering of 695,656 shares of common stock at a public offering price of $5.75 per share. The shares of common stock commenced trading on the Nasdaq Capital Market on April 8, 2025, under the ticker symbol “FATN.”

The Company received aggregate gross proceeds of $4 million from the offering, before deducting underwriting discounts and other related expenses. In addition, the Company has granted the underwriters a 45-day over-allotment option to purchase up to an additional 104,348 shares of common stock at the public offering price, less underwriting discounts. The closing for the initial public offering occurred on April 9, 2025.

D. Boral Capital LLC acted as the Sole Book-Running Manager for the offering.

Sichenzia Ross Ference Carmel LLP, New York, NY, acted as counsel to the Company, and Lucosky Brookman LLP, Woodbridge, NJ, acted as counsel to the underwriter in connection with the offering.

A registration statement on Form S-1 (File No. 333-280925) relating to the offering was filed with the U.S. Securities and Exchange Commission (“SEC”), as amended and was declared effective by the SEC on February 12, 2025. A post-effective amendment to the registration statement on Form S-1 relating to the offering was filed with SEC and was declared effective by the SEC on March 17, 2025. The offering of the securities was made only by means of a prospectus, forming a part of the registration statement. Copies of the final prospectus may be obtained, when available, at the SEC’s website at www.sec.gov or from D. Boral Capital LLC, Attention: 590 Madison Avenue 39th Floor, New York, NY 10022, or by email at info@dboralcapital.com, or by telephone at +1(212)-970-5150.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.

About FatPipe, Inc.

FatPipe, Inc. a pioneer in enterprise-class, application-aware, secure software-defined wide area network (“SD-WAN”) solutions for organizations, including enterprises, communication service providers, security service providers, government organizations, and middle-market companies. FatPipe’s network optimization solutions, along with robust cybersecurity and SASE protection, provide organizations with superior network performance and corporate security. FatPipe provides highly recognized intra-corporate wide area network solutions that transcend internet and other network failures to maintain business continuity and high transmission security. FatPipe’s network monitoring, reporting, and alerting, reduce the time and effort required by network administrators leading to more efficient network operations.

FatPipe has customers in the United States and around the world, and more than 200 resellers worldwide including almost all national resellers in the US. 

For more information, please visit https://www.fatpipeinc.com.

Legal Disclaimer

Certain statements contained in this press release, including statements relating to the Company’s expectations regarding the completion, timing and size of its proposed public offering and listing may constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can generally be identified by our use of forward-looking terminology such as “may,” “will,” “expect,” “intend,” “anticipate,” “estimate,” “believe,” “continue,” or other similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on management’s current expectations and are inherently subject to various risks, uncertainties, assumptions, or changes in circumstances that are difficult to predict or quantify. These risks and uncertainties include, but are not limited to, risks and uncertainties associated with the consummation of the offering and other risks described in FatPipe’s registration statement on Form S-1, as it may be amended from time to time. Except as required by law, FatPipe expressly disclaims a duty to provide updates to forward-looking statements, whether as a result of new information, future events or other occurrences

Company Contact Info
IR.Press@fatpipeinc.com

Media Contacts

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SOURCE FatPipe Networks

BIRMINGHAM, Mich., April 9, 2025 /PRNewswire/ — OneStream, Inc. (NASDAQ: OS), the leading enterprise Finance management platform that modernizes the Office of the CFO by unifying core finance and operational functions – including financial close, consolidation, reporting, planning and forecasting, will report financial results for its first quarter ended March 31, 2025, after the market close on Thursday, May 8, 2025. OneStream will host a conference call and webcast that day at 4:30 p.m. ET / 1:30 p.m. PT to discuss its financial results.

Event: OneStream’s First Quarter 2025 Financial Results Conference Call
Date and Time: Thursday, May 8, 2025 at 4:30 p.m. ET / 1:30 p.m. PT
Webcast Link: https://investor.onestream.com/
Replay: A webcast replay will be available on the Investors section of OneStream’s website following the call

About OneStream
OneStream is how today’s Finance teams can go beyond just reporting on the past and Take Finance Further by steering the business to the future. It’s the leading enterprise finance platform that unifies financial and operational data, embeds AI for better decisions and productivity, and empowers the CFO to become a critical driver of business strategy and execution.

We deliver a comprehensive cloud-based platform to modernize the Office of the CFO. Our Digital Finance Cloud unifies core financial and broader operational data and processes and embeds AI for better planning and forecasting, with an extensible architecture, so customers can adopt and develop new solutions, achieving greater value as their business needs evolve.

With over 1,600 customers, including 17% of the Fortune 500, more than 300 go-to-market, implementation, and development partners and over 1,500 employees, our vision is to be the operating system for modern finance. To learn more, visit onestream.com.

INVESTOR CONTACT

Anne Leschin
VP, Investor Relations and Strategic Finance
OneStream
investors@onestreamsoftware.com 

MEDIA CONTACT

Victoria Borges
VP, Communications
OneStream
media@onestreamsoftware.com

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SOURCE OneStream, Inc.

LONDON, April 10, 2025 /PRNewswire/ — Financial institutions (FIs) worldwide are attempting to decarbonise, but are still reluctant to reduce their fossil fuel investments, according to a new report by South Pole, which surveyed sustainability executives from 350 financial sector firms across 13 countries.

Despite existing net zero guidance from the Glasgow Financial Alliance for Net Zero (GFANZ) and the Science Based Targets initiative (SBTi), the findings of South Pole’s 2024/25 Net Zero report indicate many FIs are taking selective steps towards decarbonisation.

The report reveals that nearly three-quarters (72%) of surveyed FIs have no intention of reducing their fossil fuel exposure over the next 10 years. Almost a third (27%) are choosing to make more conservative claims regarding their net zero strategy or green credentials. The report also highlights that 47% of financial institutions cite unclear regulation as a barrier to their net zero progress.

At the same time, almost half (44%) of FIs are planning to increase their exposure to green assets in the next 10 years, and nearly 80% of FIs find companies with a climate transition plan more attractive to finance. On top of this, the majority (88%) said they expect to “increase” their levels of engagement with their portfolio companies on decarbonisation in “the next two years”, with many (44%) saying they expect to increase this engagement “significantly”. The majority (86%) report to be on track or partially on track to meet net zero commitments.

Dr Daniel Klier, CEO of South Pole said: “The survey results demonstrate that financial institutions continue to back investments in green infrastructure and are willing to increase their exposure to climate-resilient assets and portfolio companies. However, it is also clear that the sector is no longer taking an active role in shifting the balance and will continue to finance fossil fuels. Financial institutions want to have their cake and eat it too.”

He added: “While the financiers surveyed continue to drive climate-related engagement with their clients, it also becomes clear that financial institutions have to walk a tightrope, balancing the long-term resilience and efficiency of their business against returns for investors in the short term. It is important to embrace the positive tipping points created by new, cleaner, and more competitive technologies; but the sector is running major transition and physical risks when it delays its response to obvious climate tipping points.”

Dame Inga Beale, South Pole’s Chair of the Board, commented: “Insurance companies have long been leaders in risk management, and the latest South Pole report shows how they are often ahead of other financial institutions in navigating the challenges of decarbonisation. Notably, the highest percentage of respondents enacting ‘more stringent decarbonisation requirements’ were from the insurance sector. This focus on sustainability is an essential risk mitigation strategy to hedge against climate-related impacts on insured assets. Those who proactively manage risk today will be better positioned for success tomorrow.”

REPORT LINK: https://www.southpole.com/publications/south-pole-net-zero-report-2025

About South Pole:

South Pole is the world’s leading carbon asset developer and climate consultancy. Now in its fourth year, South Pole’s latest Net Zero report provides insights into how financial institutions globally are progressing to net zero in 2025 and beyond. The sample of 350 financial institutions offers a valuable window into one of the most influential sectors for progressing the net zero transition.

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