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Recent Updates — FATN

September 14, 2026View Source ↗

FatPipe, Inc. announced the departure of Eric Sherb as Chief Financial Officer and Principal Accounting Officer effective September 11, 2026, citing no disagreements with company operations. The Board appointed Kanishka Ragula to succeed him in both roles immediately. Mr. Ragula previously served as Director of Finance at FatPipe since September 2025 and brings prior experience from J.P. Morgan’s Technology Investment Banking group and Institutional Venture Partners. He will receive an annual base salary of $175,000 plus an equity grant approved by the board. Mr. Sherb will remain with the company in a consulting capacity to ensure an orderly transition. FatPipe operates in the technology industry, providing software-defined wide area networking (SD-WAN) and cybersecurity solutions.

July 30, 2026View Source ↗

FatPipe, Inc. reported financial results for the quarter ended June 30, 2026. Q1 FY2027 revenue was $5.03 million, representing 28% growth compared to $3.9 million in the prior year period. Net income increased to $1.2 million from $0.7 million, with diluted net income per share rising to $0.09 from $0.05. Adjusted EBITDA reached $1.3 million, reflecting a 25.6% margin versus $1.1 million previously. The company operates in the technology sector, providing software-defined wide area networking (SD-WAN) and cybersecurity solutions.

July 23, 2026View Source ↗

FatPipe, Inc. CEO Dr. Ragula Bhaskar issued a letter to shareholders providing context regarding the company's recently filed Form S-3 registration statement and at-the-market (ATM) offering program. The company states that the registration statement provides capital access flexibility to support potential accretive acquisitions or working capital for large customer orders, and notes that no shares have been issued or capital raised under the ATM program to date. FatPipe, Inc. operates in the networking and cybersecurity software industry.

July 21, 2026View Source ↗

On July 21, 2026, FatPipe, Inc. announced it was awarded a contract valued at approximately $7.0 million to provide network edge products and network monitoring services to schools. The deployment aims to improve network availability and visibility for digital learning platforms and administrative systems. This contract expands the company's presence in the education and public-sector markets. FatPipe operates in the networking and cybersecurity industry, providing software-defined wide area networking (SD-WAN) and single-stack cybersecurity solutions.

July 2, 2026View Source ↗

FatPipe, Inc. entered into an At-The-Market Sales Agreement with H.C. Wainwright & Co., LLC on July 2, 2026, allowing the company to offer and sell common stock with aggregate gross sales proceeds of up to $10,000,000. The sales agent, H.C. Wainwright & Co., LLC, will receive a 3.0% commission on gross proceeds from each sale. FatPipe, Inc. is a technology company providing networking and security solutions for enterprise and enterprise-edge environments.