FatPipe CEO says company has not sold shares under at-the-market program after S-3 filing
FATN•CEO addresses S-3 filing and ATM program
FatPipe CEO Ragula Bhaskar issued a shareholder letter addressing questions on the company’s recently filed Form S-3 registration statement.
The filing is positioned as flexibility to raise capital for potential accretive acquisitions or working capital to fulfill large customer orders.
FatPipe has not issued or sold shares under its at-the-market program to date.
Any use of the ATM would depend on capital needs, market conditions, strategic opportunities, and shareholder interests, with management described as significant holders.
