FatPipe opens at $6.50, IPO priced at $5.75 per share

FatPipe (FATN) priced 695,656 shares at $5.75 per share. D. Boral Capital acted as sole book running manager for the offering. FatPipe describes itself as “a pioneer in enterprise-class, application-aware, secure software-defined wide area network solutions for organizations, including enterprises, communication service providers, security service providers, government organizations, and middle-market companies.”