IPO - HIGH WIRE NETWORKS, INC.

Form Type: S-1/A

Filing Date: 2025-05-23

Corporate Action: Ipo

Type: Update

Accession Number: 000121390025047035

Filing Summary: High Wire Networks, Inc. is amending its registration statement with the SEC to facilitate its initial public offering (IPO). This document includes details about the offering of 1,111,111 shares of common stock at an assumed price of $4.50 per share, with expectations of a range between $4.00 and $5.00. The last reported sale price for the stock prior to the filing was $5.25, following a reverse stock split of 1-for-250 executed on March 24, 2025. The company highlights its focus on offering managed cybersecurity solutions and telecom services and its commitment to leveraging advanced technologies, including artificial intelligence, to enhance service delivery. The registration statement will enable High Wire Networks to achieve a listing on the Nasdaq Capital Markets under the symbol 'HWNI', subject to approval. The prospectus includes separate sections for public offering and resale of shares by selling stockholders, reflecting significant differences in format and content. It indicates that this offering is conducted on a firm commitment basis with underwriters committed to purchasing all offered shares. Additionally, investors are cautioned about the inherent risks associated with investing in these securities, as detailed within the risk factors section. The anticipation surrounding the IPO is underscored by the burgeoning demand for cybersecurity services, supported by industry growth trends and technological advancements.

Form Type: S-1/A

Filing Date: 2025-05-08

Corporate Action: Ipo

Type: Update

Accession Number: 000121390025041071

Filing Summary: High Wire Networks, Inc. filed Amendment No. 1 to its S-1 registration statement on May 8, 2025, indicating its intention to conduct an initial public offering (IPO) of up to 1,022,222 shares of common stock, priced between $4.00 and $5.00 per share, to be listed on the Nasdaq under the symbol 'HWNI'. The document includes a public offering prospectus alongside a resale prospectus for stockholders selling their shares. The company highlights its operations in managed cybersecurity solutions and wholesale telecommunications through Secure Voice Corporation. It reports a recent reverse stock split at a 1-for-250 ratio. The company aims for listing approval which is necessary to consummate the offering. It acknowledges significant risks in executing its business strategy and achieving projected growth within a competitive landscape. The offering also entails underwriter compensation and a detailed outline of expected proceeds before expenses.

Form Type: S-1

Filing Date: 2025-01-30

Corporate Action: Ipo

Type: New

Accession Number: 000121390025008088

Filing Summary: High Wire Networks, Inc. filed a Registration Statement under the Securities Act of 1933 on January 30, 2025, seeking to conduct an initial public offering (IPO) by offering up to 750,000 shares of common stock at an assumed public offering price of $7.50 per share. The total estimated proceeds from this offering amount to approximately $5,625,000 before expenses. The registration includes two prospectuses: one for the public offering and one for the resale by selling stockholders of 583,296 shares of common stock. A planned 1-for-250 reverse stock split of outstanding common shares is expected to occur prior to the completion of the offering. The company's common stock is currently listed on the OTCQB and there is an application to list it on Nasdaq under the symbol 'HWNI'. The document provides detailed risk factors related to the offering and the business, which operates in managed cybersecurity solutions and wholesale telecommunications. The company reports a solid revenue base with nearly 100% recurring revenue from long-term contracts in its managed cybersecurity services. High Wire Networks has been recognized as a leading provider of cybersecurity solutions and intends to leverage its technological advancements to enhance its competitive edge in a rapidly evolving market. Investors are urged to consider all information thoroughly, with a highlighted focus on risk management regarding cybersecurity and business operations amidst economic fluctuations.