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FatPipe (NASDAQ: FATN) has unveiled its new Total Security 360 product, an integrated solution combining SD-WAN, NextGen firewall, and cybersecurity features in a single stack architecture. The product is specifically designed to simplify cybersecurity deployment for Small and Medium-sized Businesses (SMBs) while potentially reducing their insurance costs.
The solution offers proactive monitoring and timely threat detection alerts through a consolidated single-pane-of-glass dashboard, eliminating the need for multiple monitoring interfaces. This integrated approach aims to provide enhanced visibility and situational awareness for network security management.
FatPipe (NASDAQ: FATN) has successfully completed its Initial Public Offering (IPO), raising $4 million in gross proceeds through the sale of 695,656 shares of common stock at $5.75 per share. The company's shares began trading on the Nasdaq Capital Market on April 8, 2025, under the ticker symbol 'FATN'.
The company, which specializes in enterprise-class SD-WAN solutions, has granted underwriters a 45-day over-allotment option to purchase up to an additional 104,348 shares at the public offering price. D. Boral Capital served as the Sole Book-Running Manager for the offering, which closed on April 9, 2025.
FatPipe (NASDAQ: FATN) has announced the pricing of its Initial Public Offering, offering 695,656 shares of common stock at $5.75 per share. The company expects to raise $4 million in gross proceeds before deducting underwriting costs and related expenses.
Trading is set to commence on April 8, 2025, on the Nasdaq Capital Market under the symbol 'FATN'. The company has granted underwriters a 45-day over-allotment option to purchase up to additional 104,348 shares at the public offering price. The IPO closing is expected around April 9, 2025.
FatPipe specializes in enterprise-class, application-aware, secure SD-WAN solutions for organizations including enterprises, service providers, and government entities. D. Boral Capital serves as the Sole Book-Running Manager for this offering.
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