IPO - Vertical Data Inc.
Form Type: S-1/A
Filing Date: 2025-06-25
Corporate Action: Ipo
Type: New
Accession Number: 000164117225016517
Filing Summary: Vertical Data Inc., a Nevada corporation, is filing Amendment No. 6 to Form S-1 for the registration of a proposed initial public offering. This filing covers up to 41,193,052 shares of common stock with an estimated initial public offering price of $0.50 per share. The company aims to provide infrastructure hardware and services to data centers, focusing on high-performance computing. Vertical Data does not yet have a public market established for its shares. The business has recognized revenues of approximately $6.9 million in its last fiscal year and is geared towards expanding its offerings and customer base. The prospectus highlights risks associated with investing in the company's securities and indicates their status as an emerging growth company offering tailored product configurations. It details the company's market opportunity and strategies to engage customers through direct sales as well as partnerships with integration firms.
Additional details:
Primary Sic Code: 8742
Irs Employer Id Number: 99-2841705
Business Location: 1980 Festival Plaza Drive Suite 300, Las Vegas, NV 89135
Total Shares Offered: 41,193,052
Estimated Public Offer Price: 0.50
Revenue Last Fiscal Year: 6.9 million
Net Loss Last Fiscal Year: 0.4 million
Revenue Interim Period: 3.7 million
Net Loss Interim Period: 0.9 million
Business Model: emerging growth company
Form Type: S-1/A
Filing Date: 2025-06-05
Corporate Action: Ipo
Type: New
Accession Number: 000164117225013817
Filing Summary: Vertical Data Inc. is filing an Amendment No. 4 to its Form S-1 registration statement for an initial public offering (IPO) of its common stock. The company aims to sell 41,193,052 shares at an assumed price of $0.50 per share. The proceeds from the offering will primarily go to selling stockholders rather than the company itself. Vertical Data is a technology provider focused on infrastructure hardware and services for high-performance computing, specifically targeting enterprise and data center clients. It operates as a smaller reporting company and is characterized as an emerging growth company under the Jumpstart Our Business Startups Act. The company has not yet established a public market for its stock, which it intends to list on either the OTCQX Best Market or OTCQB Venture Market under the symbol 'VERT.' The document highlights the business overview, market opportunity, and potential risks associated with investing in their securities. It also discusses their strategic focus on expanding the availability and capabilities of high-performance computing solutions, leveraging partnerships with original equipment manufacturers (OEMs) and suppliers to meet firm demand in the evolving data center market. The filing indicates significant revenue from a limited number of customers and a net loss for the prior periods, reflecting an early development stage of their operations, while emphasizing the company's growth potential and market strategies for success.
Additional details:
Company Name: Vertical Data Inc.
State Of Incorporation: Nevada
Irs Employer Identification Number: 99-2841705
Primary Standard Industrial Classification Code: 8742
Number Of Shares Offered: 41,193,052
Initial Public Offering Price: $0.50
Market Symbol: VERT
Form Type: S-1/A
Filing Date: 2025-05-22
Corporate Action: Ipo
Type: New
Accession Number: 000164117225012114
Filing Summary: Vertical Data Inc., incorporated in Nevada on May 3, 2024, is filing this S-1/A registration statement for an initial public offering (IPO) of 41,193,052 shares of its common stock at an assumed price of $0.50 per share. The offering includes resale by certain stockholders. The company aims to establish a public market for its stock on OTCQX or OTCQB, under the symbol 'VERT'. As a smaller reporting company and an emerging growth company, Vertical Data intends to leverage simpler reporting requirements and is committed to providing high-performance computing solutions, focusing on the IT product market and service customization. The prospectus details corporate history, market opportunity, and risk factors associated with this offering, including significant dependence on end-market demand for IT products and high customer concentration, with most revenue coming from a small number of clients. The initial public offering is contingent upon SEC approval of the registration statement, and the company will incur costs for the registration while not receiving proceeds from stockholder sales. The document outlines the business model, including plans for developing in-house OEM products and expanding service offerings related to AI and data center infrastructure.
Additional details:
Shares Offered: 41,193,052
Initial Public Offering Price: $0.50
Symbol: VERT
Business Location: Las Vegas, NV
Emerging Growth Company: true
Revenue Last Fiscal Year: $6.9 million
Net Loss Last Fiscal Year: $0.4 million
Form Type: S-1/A
Filing Date: 2025-05-02
Corporate Action: Ipo
Type: Update
Accession Number: 000164117225008151
Filing Summary: Vertical Data Inc. filed an amendment to its Form S-1 registration statement on May 1, 2025, in connection with its initial public offering (IPO). The document outlines the offering of up to 41,193,052 shares of common stock at an assumed price of $0.50 per share, pending the establishment of a public market for the shares. The offering is aimed at both the initial sale and resale by certain stockholders. The filing also emphasizes that Vertical Data is a smaller reporting company and an emerging growth company under relevant securities laws. The company's business model focuses on providing infrastructure hardware and services for data centers, particularly for high-performance computing and AI workloads. It faces risks associated with market demands, customer dependencies, and the highly competitive nature of the IT product landscape. The filing includes various disclaimers regarding the effectiveness of the registration statement, stating that securities cannot be sold until this is achieved. Additionally, the document highlights the challenging market conditions and the uncertainties inherent in forward-looking statements regarding business performance and strategies.
Additional details:
Corporate History: Vertical Data was incorporated on May 3, 2024, in Nevada.
Principal Business Office: 930 South 4th Street, Suite 209, Las Vegas, NV, 89101
Common Stock Offered: 41,193,052 shares of common stock
Initial Public Offering Price: $0.50 per share
Business Focus: Providing infrastructure hardware and services to data centers and enterprises, with an emphasis on high-performance computing.
Revenue Recognized: $6.9 million for the fiscal year ended September 30, 2024.
Net Loss: $0.4 million for the fiscal year ended September 30, 2024.
Customer Concentration: Two customers accounted for 94% and 6% of revenue for the interim period ended December 31, 2024.
Form Type: S-1/A
Filing Date: 2025-03-20
Corporate Action: Ipo
Type: New
Accession Number: 000149315225011044
Filing Summary: Vertical Data Inc. is filing an Amendment No. 1 to its Form S-1 Registration Statement for an initial public offering. The company, incorporated in Nevada on May 3, 2024, aims to raise capital by offering up to 41,193,052 shares of its common stock at an anticipated initial public offering price of $0.50 per share. The company operates in the field of high-performance computing, targeting enterprise and data center clients, and plans to list its shares on the OTCQX or OTCQB markets under the symbol 'VERT'. Vertical Data emphasizes its development stage as a smaller reporting company and emerging growth company under relevant laws, and it anticipates that its business will thrive based on trends in AI computing and data center demand. The company has reported revenue and net losses for its fiscal periods prior to this registration, and plans to service its operations without reliance on a public market prior to the IPO. It articulates forward-looking statements regarding financial performance, market conditions, and operational strategies, underscoring the associated risks as it seeks to establish itself in the technology marketplace.
Additional details:
Primary Standard Industrial Classification Code: 8742
Irs Employer Identification Number: 99-2841705
Company Address: 1980 Festival Plaza Drive Suite 300 Las Vegas, NV 89135
Contact Phone Number: (888) 462-3453
Expected Date Of Public Sale: as soon as practical after effective date of registration statement
Anticipated Initial Public Offering Price: $0.50 per share
Number Of Shares Offered: 41,193,052
Form Type: S-1
Filing Date: 2025-01-10
Corporate Action: Ipo
Type: New
Accession Number: 000149315225001537
Filing Summary: Vertical Data Inc., a Nevada corporation, filed a registration statement for an initial public offering (IPO) of 40,703,052 shares of its common stock at an assumed price of $0.50 per share. The offering includes the sale of shares by certain stockholders, and the company will not receive proceeds from these sales. To establish a public market for its shares, Vertical Data intends to apply for listing on the OTCQX® Best Market or the OTCQB® Venture Market under the symbol 'VERT'. As of January 10, 2025, there is no established public market for the company's common stock. Vertical Data, established on May 3, 2024, is focused on providing infrastructure hardware and services for data centers, particularly in the high-performance computing sector. It operates in a high-volume market characterized by price sensitivity and declining unit prices. The company is recognized as an emerging growth company and a smaller reporting company, allowing it to benefit from reduced public company reporting requirements. Risks involved in investment include market demand for IT products, which can be unstable, as elucidated in their risk factors section.
Additional details:
State Of Incorporation: Nevada
Irs Employer Identification Number: 99-2841705
Address: 1980 Festival Plaza Drive Suite 300 Las Vegas, NV 89135
Telephone Number: (888) 462-3453
Date Of Sale To Public: Approximate date is after effective date
Total Shares Offered: 40,703,052
Initial Public Offering Price: $0.50
Public Market Location: OTCQX® Best Market or OTCQB® Venture Market
Offering Type: initial public offering
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